, and the tooltip indicates the path of the link.You can add an embedded hyperlink in a note, or you can add a floating hyperlink in any SolidWorks document. The hyperlink can be to a document on the Internet, on your local network, or on your own hard drive.
If the link is to a web site, selecting the hyperlink opens the associated URL (Web site). If the link is to a SolidWorks document, clicking the link opens the document. If the link is to another type of document, such as a Word or Excel file, clicking the hyperlink launches the appropriate application, and opens the document.
The actual path of a hyperlink embedded in a note does not appear in
the note text. A hyperlinked note is displayed in blue; when the pointer
moves over a note that contains a hyperlink, the pointer changes to a
hand , and the tooltip indicates the path of the link.
Because clicking a hyperlinked note activates
the link, moving or editing a hyperlinked note can be difficult. Box-select
the hyperlink to display the handles around it. Drag any of the handles
(the pointer changes to 
when over a handle) to move the
hyperlink.
To create an embedded hyperlink:
Create a note, and click Insert
Hyperlink 
in the Note PropertyManager. You can also
add a hyperlink while editing a note’s properties.
Enter the path (or browse to the document) to which you want to link the note text. For a World Wide Web location, enter the website name in the format www.website.com. (You do not need to enter HTTP://)
Click Use relative path for hyperlink if you want to the specify a directory path relative to the current location instead of the full pathname.
Click OK to accept the path.
To create a floating hyperlink:
Click Insert
Hyperlink 
(Web toolbar) or Insert, Hyperlink.
Enter the path (or browse to the document) and click OK.
If you edit the properties of a floating hyperlink, you will see that it is a note, the text of which is $URL (a variable representing the path of the link).