Parametric Technology Corporation (PTC) develops, markets and supports product development software solutions and related services that help companies design products, manage product information and their product development processes. The Company offers solutions in the product development market, which encompasses the product lifecycle management (PLM), market (product data management, collaboration and related solutions) and the CAx market (computer-aided design (CAD), computer-aided manufacturing (CAM) and computer-aided engineering (CAE) solutions). In June 2009, the Company acquired Relex Software Corporation. During the fiscal year ended September 30, 2009, the Company acquired Synapsis Technology, Inc., a provider of environmental regulatory compliance solutions.