Ecatalog News

TE Connectivity Launches Online Resource Center

TE Connectivity's Aerospace, Defense & Marine business announces its new community-centered website for design engineers, www.DesignSmarterFaster.com. The site is meant to be a resource center for design engineers to connect directly with TE Subject Matter Experts (SMEs) who can advise and team up with them early in the design process to help bring their products and systems to market faster with smarter, better solutions. "Every day, design engineers in the aerospace, defense and marine industries face connectivity challenges in the toughest…

PTC Reports 1Q Results

PTC, the product development company, reported revenue totaling $234.9 million for the first quarter ended December 30, 2000, compared to $239 million for the same period last year. Pro forma net income for the quarter, which excludes the amortization of intangible assets, was $19 million compared to $17.6 million for the year-ago period. Including the amortization of intangible assets, net income was $12.3 million, compared with $10.4 million for the same period in fiscal 2000. C. Richard Harrison, president and CEO, said: "We are pleased with the performance this quarter and the confirmation we are receiving from the market and our customers on the importance of product development as the core of competitive advantage.