Thursday, Jun 22, 2006 5:00 AM

RESEARCH TRIANGLE PARK, N.C., June 22, 2006- Geomagic (www.geomagic.com), a worldwide software and services firm, has been awarded Technology of the Year by the Council for Entrepreneurial Development North Carolina.

The honor, presented at CED’s annual 2006 Entrepreneurial Excellence Awards, held last night in Durham, North Carolina, recognized Geomagic technology leadership in the field of digital shape sampling and processing (DSSP), which is the technology used for ensuring the safe return of the NASA STS-114 Discovery “Return to Flight” mission, digital reconstruction of the Statue of Liberty in New York harbor, and helping manufacturing companies move from mass production to mass customization.

Accepting the award on behalf of all Geomagic employees, Ping Fu, CEO and co-founder said, “As a technology company, I am proud of our innovative technical team, and it is an honor our company will treasure. I thank CED for recognizing our people’s contribution to the technology world.”

This is the latest in a series of recognitions the company has received, including National Entrepreneur Company of the Year by Frost & Sullivan, and Mid-Size Company of the Year by the North Carolina Technology Association. Ping Fu was also named Entrepreneur of the Year for 2005 by Inc. Magazine.

CED is a private, non-profit organization that was founded in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle area. It provides programs and services in education, capital formation, mentoring and communications.

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