Windchill, the PTC content and process management solution, helps companies control product development data and enable internal and external product development collaboration. The breadth and depth of Windchill provides discrete manufacturers like Black & Decker a solution that advances their strategic initiatives in product quality, time-to-market, and innovation. Additionally, the integral Windchill architecture offers a high-quality and low-risk technology solution, providing a low total cost of ownership.

"As a global company with many design centers and manufacturing locations around the world, we have complex collaboration and data management requirements," said John Howson, vice president global engineering, Black & Decker. "Windchill now gives us the capability to easily integrate across our regions and functional groups."

"We are very pleased that Black & Decker selected Windchill as its enterprise PLM solution, and look forward to supporting their needs for years to come," said C. Richard Harrison, president and CEO, PTC. "As today's leading manufacturers execute growth strategies through innovation, acquisition and globalization, their processes become exponentially more complex. Customers like Black & Decker are turning to PTC to help optimize product development processes due to the power of our solutions and our expertise in solving these complex challenges."

About Black & Decker

Black & Decker is a global manufacturer and marketer of quality power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Its products and services are marketed in more than 100 countries, and it has manufacturing operations in eleven countries. Throughout its businesses, B&D has established a reputation for product innovation, quality, end-user focus, design, and value. The company's strong brand names and new product development capabilities enjoy worldwide recognition, and its global distribution is unsurpassed in its industries.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 companies worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com

Statements in this news release that are not historical facts, including statements about our confidence and strategies and our expectations about revenue, results of operations, and market acceptance of our products, are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include: PTC's successful development and integration of the technology necessary to offer integrated PLM solutions that address business-critical product lifecycle management functions and that adequately respond to the evolving requirements of product designers ; our ability to coordinate and manage joint activities with third parties (including technology integration, development, implementation and support) in order to deliver products and services that meet our customer's integration requirements; and the success of PTC's customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, together with such other risks and uncertainties as are detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q. The announcement of any particular selection of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Windchill PDMLink, Windchill ProjectLink, Windchill PartsLink and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.

SOURCE: PTC

PTC 
Nicole Rowe, 781-370-6369 
Corporate Communications 
nrowe@ptc.com 
or 
For PTC 
Weber Shandwick 
Amanda Keane, 617-520-7260 
akeane@webershandwick.com

John W. Schiech and Bruce W. Brooks will remain Group Vice Presidents of the Corporation, reporting to Mr. Mangan. They will have global product responsibility for the Industrial and Consumer Products Groups, respectively, and lead the North American businesses.

Mr. Archibald commented, "I am very pleased with the management team at Black & Decker, and our ability to deliver innovative products and solid profitability in this difficult economic environment. This organization change will bring more focus on each geographic area, particularly North America, enable better coordination of global opportunities, and help accelerate our growth. Mike Mangan has done an outstanding job as our CFO and leader of the fastening business, and Steve Reeves has been an integral part of our success for many years. Mike, Steve, John and Bruce have all been instrumental in implementing strategic initiatives and improving the company's cash flow, and I am confident they will continue to drive results in their new roles."

Black & Decker is a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems.

SOURCE The Black & Decker Corporation

http://www.bdk.com

"Black & Decker SPACEMAKER appliances provide a quick, efficient and cost-effective way to remodel your kitchen, eliminating counter-top clutter and incorporating more organization into your life -- and home," said Carmen E. Garcia, Black & Decker brand portfolio manager for Applica. "SPACEMAKER appliances make it easy to get the most effective use out of your space, while allowing you to mix and match appliances that cater to your wants and needs in the kitchen."

Experience the SPACEMAKER Difference: http://www.bdspacemaker.com

Along with the launch of the revamped line of space-saving products from Black & Decker comes a new Web site: http://www.bdspacemaker.com. Complete with Feng Shui advice for your kitchen and a Counter Space Calculator, the new site includes five separate experience sections that help consumers select the appliances that fit themselves and their kitchens best:

    --  Kitchen with SPACEMAKER -- This practical interactive tool allows a
        mix and match of colors and finishes for kitchen decor and appliances
        to help choose and plan for a variety of taste preferences.
    --  Counter Space Calculator -- The calculator feature allows counter-top
        measurements to be inserted to determine how many SPACEMAKER
        appliances can be installed and how much space it will save.
    --  How to Install SPACEMAKER Appliances -- This section offers detailed
        easy step-by-step explanations with graphics for installation.
    --  Before and After Gallery -- The gallery allows a glance at the
        dramatic difference that SPACEMAKER units make in a countertop. Select
        a kitchen style and see what the counter looks like before and after
        SPACEMAKER.
    --  Feng Shui Tips -- SPACEMAKER appliances provide a positive energy in
        the kitchen, and this section gives advice on how to have an organized
        and Zen kitchen.

Black & Decker(R) SPACEMAKER Appliance Features

Along with appliances to match the most popular colors and looks of your other kitchen appliances including black, white and black with stainless, the new SPACEMAKER Plus and SPACEMAKER Traditional lines include the following features:

    --  Coffeemaker: Save-A-Plug(TM) Outlet, Sneak-A-Cup(R) interrupt feature,
        auto shut off, simplified programming
    --  Mini Food Processor/Grinder: 2 different removable blades and
        containers, pulse control
    --  Can Opener: Bottle opener, knife sharpener, bag cutter, swing open
        door
    --  Toaster Oven: Save-A-Plug(TM) Outlet, Large 9" pizza capacity, simple
        easy-to-use controls

The SPACEMAKER lines are available now at Target, K-mart and Sears in the United States and will be available in 2009 at Bed, Bath and Beyond in the United States and Sears and Canadian Tire in Canada.

About Applica

Based in Miramar, Florida, Applica and its subsidiaries are marketers and distributors of a broad range of small household appliances. Applica offers high-quality kitchen and home products, including well-known and tenured company-owned brand names -- LitterMaid, InfraWave, Gizmo(R) and Lids Off(R) -- and licensed brand names** -- Black & Decker(R) and SPACEMAKER(R). Applica has recently added to its portfolio of brands. At the end of 2007, Applica joined with Salton Inc and added to its portfolio amazing brands like George Foreman(R), Farberware(R), Breadman(R), Juiceman(R), Russell Hobbs(R) and Toastmaster(R). Applica's customers include mass merchandisers, specialty retailers and appliance distributors in North America, Latin America and the Caribbean. Domestically, Applica, with its line of Black & Decker(R), Farberware(R) and George Foreman(R) labeled products, holds a No. 1 market position in several product categories, including toaster ovens, percolators, contact grills and irons.

**Black & Decker is a trademark of The Black & Decker Corporation, Towson, MD. SPACEMAKER is a trademark of General Electric Company, USA.

SOURCE Applica

http://www.bdspacemaker.com

"Black & Decker is a world-class organization, and our collaborative efforts to develop interoperability between Control4's platform and their residential access control solutions have been a pleasure for our entire team," said Will West, chief executive officer of Control4. "We continue to demonstrate our commitment to collaborate with a wide range of companies that provide products for the home. There are nearly endless opportunities for all sorts of companies who want to be a part of the digital home to discover and develop synergies with the Control4 platform."

Black & Decker will offer the wireless residential access control solutions in its Baldwin, Kwikset and Weiser Lock brands of locksets. These motorized electronic locksets and the Control4 platform will work seamlessly with daily routine events, such as automatically locking the doors at a certain time each night or as part of regular occurrences, like leaving the home. Homeowners can also utilize the Control4(R) 4Sight Remote Access to open the door for a repairman and then relock the door when the job is complete.

"From a product development perspective, this new offering represents exciting opportunities and new channels for Black & Decker," said Dave Albert, vice president of Brand Marketing and Business Development, Black & Decker Hardware and Home Improvement Group. "Working with companies like Control4 to expand our product capabilities offers long-term benefits for Black & Decker and our customers."

Black & Decker's new residential access control offerings are scheduled for introduction in summer 2009.

About Control4

Control4 is the platform for today's digital home and hotels. The company makes everyday life easier by providing one-touch control of both new and existing electronic systems. By allowing leading consumer electronics products to easily work together, Control4 provides effortless entertainment, comfort, convenience and peace of mind to owners everywhere. Control4's affordable and easy-to-use software and hardware products enable home theater and television control, multi-room music, smart lighting, temperature control and security integration, through a range of on-site and over-the-web remote control technology. The company delivers both wired and wireless solutions that can be installed in existing properties as well as new construction. Visit www.control4.com for more information. Control4 and the Control4 logo are registered trademarks or trademarks of Control4 Corporation or its affiliated companies in the United States and other countries.

About Black & Decker

Black & Decker Hardware and Home Improvement (BDHHI) Group is a division of Black & Decker, the world's largest producer of power tools, power tool accessories and security hardware. Today, the BDHHI Group includes some of the most recognizable hardware and home improvement brands in the world including Kwikset(R), Weiser Lock(R), Baldwin(R), Price Pfister(R) and K2(TM) Commercial Hardware by Black & Decker. Visit www.bdhhi.com/accesscontrol for more information.

SOURCE: Control4

Coltrin & Associates for Control4 
Joelle A. Kenealey, 650-373-2005 
Joelle_Kenealey@coltrin.com 
or 
Paine PR for Black and Decker 
Darek Connole, 949-809-6734 
dconnole@painepr.com