Thursday, Jun 30, 2005 5:00 AM

RESEARCH TRIANGLE PARK, N.C., June 30, 2005- Geomagic has named Andrew Stein vice president of marketing, product and business development. Stein assumes the post on July 1.

In his new position, Stein is responsible for Geomagic’s strategic marketing, business development, product management, third-party relationships, and channel marketing. He had similar responsibilities with Leica Geosystems HDS, the high-definition surveying unit of the global company. Before that, Stein was a business development leader at Reed Construction Data, a division of Reed Business Information, and held strategic leadership positions over 16 years with Autodesk, one of the world’s leading CAD/CAM companies.

Stein brings experience in key strategic development areas for Geomagic, a national Technology Fast 500 company that over the past couple of years has doubled its workforce, recorded ten-fold increases in profitability, and created an international presence.

“Our entrepreneurial adolescence is behind us and we are becoming a major force in the design, engineering and manufacturing markets we address,” says Ping Fu, Geomagic’s president and CEO. “Andrew has a wealth of experience and a successful track record for taking companies along the same path that we want to travel. He will be a valuable addition to our executive team.”

“Geomagic is helping to revolutionize design, engineering and manufacturing – enabling everything from mass customization and more effective inspection to custom-fitted medical devices,” says Stein. “I’m excited to be part of an organization that can make a difference in the world.”

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.

###

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