Our license revenue of $79 million was down 10% on a constant currency basis as compared to very strong performance in Q1-12, and consistent with our guidance range. We again delivered on our commitment to earnings growth with Q1 non-GAAP EPS exceeding the high end of our guidance range." Heppelmann added, "We continued to demonstrate our PLM market leadership in Q1 with a competitive displacement of the legacy PLM provider at Brazil-based Embraer, one of the world-s largest aircraft manufacturers. Embraer chose PTC as its partner of record for its entire global aircraft development program – commercial, executive and defense. The selection further extends PTC-s position as a leading PLM technology solution provider for the aerospace and defense (A&D) industry. We also had a strong quarter in our SLM business with double-digit organic license growth, further bolstered by strong performance from the Servigistics business.