PTC and K'NEX Collaborate to Revolutionize Toy Design and Manufacturing

PTC, a leading provider of mechanical computer-aided design (MCAD) solutions, has partnered with K'NEX, a well-known construction toy manufacturer, to utilize PTC's Pro/ENGINEER software in toy design and manufacturing. This collaboration has enabled K'NEX to reduce its time to market by 75% and development costs by 50%. By leveraging PTC's Pro/ENGINEER, K'NEX has also been able to break out of traditional design constraints and create more complex and detailed toy designs.

Key Takeaways:

• K'NEX, a construction toy manufacturer, has partnered with PTC to utilize Pro/ENGINEER software in its design and manufacturing processes.
• PTC's Pro/ENGINEER has enabled K'NEX to reduce its time to market by 75% and development costs by 50%.
• Pro/ENGINEER has given K'NEX the ability to design with variable section sweeps, torroidal bends, and blends, enabling the creation of more complex and detailed toy designs.
• K'NEX can now achieve the same assembly results in hours that would previously take two days, thanks to the software's speed and simplicity.
• PTC's flexible engineering solutions, based on Pro/ENGINEER and the practices of PTC Global Services, are relied on daily by over 250,000 users to drive product development and engineering functions.
• The PTC i-Series of flexible engineering solutions features Pro/ENGINEER behavioral modeling, which captures engineering knowledge and enables designers to innovate new products more rapidly and effectively.

Statistics:

• 75% reduction in time to market
• 50% reduction in development costs
• 250,000+ daily users of PTC's flexible engineering solutions
• 75% decrease in design time for complex toy designs compared to traditional methods

Sources:

• Press release via Canada NewsWire, Toronto 416-863-9350 -ME- (2000)
• News Provided by COMTEX (http://www.comtexnews.com)
• PTC's press release dated October 23, 2000
• K'NEX's press release dated October 23, 2000