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TriStar Announces Profit Sharing Initiative

Phoenix, AZ (April 17, 2007) -TriStar Inc., announced today that the company will be contributing an average of 6.5 percent of each of its employees’ 2006 wages into the employee portion of the company’s profit sharing plan through pension plan provider John Hancock. Because the company is privately held, no financial details were disclosed.

As a privately held company, TriStar has the flexibility to contribute to the profit sharing plan due to the fact that it does not have shareholders that want the profits to be given to them rather than to the employees. "Being privately held does have some advantages,” stated Patrick Maderia, the company's President. "We do not burden the costs associated with maintaining compliance and adhering to the FCC regulations that public companies do. We are investing in the growth of our company, and TriStar's employees are the greatest assets we have."

Prior to TriStar, Maderia worked with several high-tech firms who opted to go back to being private after going public and he knows the advantages of both. Maderia bought into TriStar and became its President in 1999 after working with the company’s Board of Directors. "Things are going well and we see a lot of opportunity in the marketplace. In addition to our CAD/CAM business, PrevueLogic is getting noticed by a lot of the big players,” said Maderia.

PrevueLogic is a fully integrated SMB (small and medium business) ERP (enterprise resource planning) system that ties all of a company’s business processes, including analysis and forecasting methods, into one common database. “I'm not ruling out going public, but finding the right partner to take PrevueLogic to the next level along with leading TriStar through our three to five year company goals are my primary objectives," said Maderia.

Although Maderia would not further define "the next level," he added, "TriStar has a lot of momentum right now. We are looking to hire the best sales people and engineers in the industry. At the end of the day, it's the best people that make up the best companies.” TriStar is PTC's largest North American Value Added Reseller. In February of this year, TriStar completed the acquisition of Advanced Design LTD., another PTC Partner based in Toronto, Canada. “The fact that we've been PTC's number one VAR 15 quarters in a row should give you a good indication about where we're headed," said Maderia.

About TriStar
Since 1988, TriStar has been serving the CAD/CAM markets by providing high-performance workstation systems for the engineering environment. TriStar became a PTC Platinum Authorized Reseller in 2001, offering the full line of PTC software and certified training. Today, TriStar is PTC's leading provider in North America and offers a complete range of engineering products and services.

About PTC
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 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.