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Wednesday, Oct 19, 2005 5:00 AM

RESEARCH TRIANGLE PARK, N.C., October 19, 2005- Geomagic was named a winner in the 2005 Deloitte Technology Fast 500 awards announced today. The annual awards program recognizes the fastest-growing technology companies in North America in terms of revenue over a five-year period. It is the third consecutive year that Geomagic has won the award.

Geomagic, founded in 1996, is an international leader in digital shape sampling and processing (DSSP). The company's products enable designers and engineers to transform scan data from physical objects into highly accurate digital models for applications ranging from recreating high-performance engine manifolds for a NASCAR racing team, to reconstruction of historic treasures, to quality inspection that helped ensure safety in the recent NASA Discovery mission.

“Our growth can be attributed to providing the DSSP technology that enables companies worldwide to transform design, engineering, inspection and manufacturing processes, leading to greater ROI and completely new profit centers,” says Ping Fu, president and CEO of Geomagic.

“Achieving sustained revenue growth over five years is a tremendous achievement,” said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. “Geomagic's phenomenal growth puts it in select company.”

About Geomagic

Geomagic (www.geomagic.com) simplifies digital shape sampling and processing (DSSP), enabling customers to accelerate their design-build cycles and ensure quality at every step. More than 4,000 professionals in industries such as automotive, aerospace, medical devices and consumer products use Geomagic software and services. They benefit from unprecedented time savings, fast learning curves, increased productivity, and high levels of user satisfaction. Geomagic has headquarters in Research Triangle Park, N.C., subsidiaries in Europe and Asia, and distributors worldwide.

About Geomagic

Geomagic (www.geomagic.com) is a global company dedicated to advancing and applying 3D technology for the benefit of humanity. Geomagic’s scanning and design software solutions are used to capture and model 3D content from physical objects, organically sculpt complex shapes, and prepare products for manufacturing. In addition, the company produces powerful 3D metrology and inspection software that verifies dimensional quality by comparing as-built products to master designs. Geomagic’s Sensable Phantom haptic devices simulate the sense of touch in a digital environment. 

Geomagic’s software and hardware are utilized by world-class customers in a variety of industries, including aerospace, automotive, medical, consumer products, toys, collectibles, coindesign, jewelry, fine art, heritage restoration, research, education, mold making, entertainment, training and surgical simulation. In fact, some of the world’s leading companies and research organizationsuse Geomagic software, including Ford, BMW,Boeing, Harley DavidsonTimberland, Mattel/Fisher Price, Lego, Pratt & WhitneyNASA, Schneider Electronic, 3M, Danaher and Invisalign. Geomagic is based in Research Triangle Park, N.C., USA, with an office in Boston, subsidiaries in Europe and Asia, and channel partners worldwide.

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Geomagic, Geomagic Studio, Geomagic Qualify, Geomagic Qualify Probe, Geomagic Spark, Wrap, Geomagic Wrap, Phantom, OpenHaptics, Omni, Freeform, Claytools, Sensable and Sensable Technologies, Inc. are trademarks or registered trademarks of Geomagic Inc.  All other trademarks are the property of their respective owners.

Media Contact:

Rachael Taggart
Geomagic, Inc.
+(1) 919-474-0135
Contact Rachael