Parametric Technology Corporation (PTC) develops, markets and supports product lifecycle management software solutions and related services that help companies design products, manage product information and improve their product development processes. It operates in two segments: Software Products, which includes license and related maintenance services revenue, including new releases and technical support for all its products except training-related products, and Services, which includes consulting, implementation, training, computer-based training products, including related maintenance services, and other support revenue. It generates revenue through the sale of software licenses, maintenance services, which include technical support and software updates, and consulting and training services. During the fiscal year ended September 30, 2010 (fiscal 2010), it completed the acquisition of Relex Software Corporation.
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