Wednesday, Feb 13, 2008 4:00 AM

RESEARCH TRIANGLE PARK, N.C., February 13, 2008- Geomagic, a worldwide software and services company, has added two new executives to their management team: Steve Carnevale has joined as chief financial officer and Stacey Mangum has been hired as the company's vice president of human resources.

Carnevale brings to Geomagic more than 20 years of experience in financial management, business analysis, strategic planning and operational controls. Before joining Geomagic, he was CFO Partner in the Raleigh office of Tatum LLC, where he helped companies such as LVL7 Systems accelerate business success and create more value. Carnevale has held senior management positions in semiconductor, software, imaging services, networking and other technology-driven industries.

Mangum brings 20 years of experience in human resources management to Geomagic, including experience with venture-capital-funded software companies such as Engineous, LIPSinc, and most recently, Arsenal Digital. At Arsenal, she led restructuring that contributed to record increases in annual revenue and profitability.

"Great people are at the core of Geomagic's success," says Ping Fu, president and CEO of Geomagic. "Geomagic is growing rapidly in terms of both revenue and people. I am very excited to have Steve and Stacey join the Geomagic management team. Their expertise in finance and human resources is critical for Geomagic's future success."

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