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PTC Demonstrates Ongoing Commitment to Providing Industry Leading Styling and Surfacing

Monday, Apr 9, 2001 5:00 AM

NEEDHAM, Mass., April 9, 2001- PTC, the product development company™ (NASDAQ: PMTC), today announced a strategic licensing and development arrangement with Geomagic of Research Triangle Park, NC. According to the terms of the agreement, PTC will incorporate Geomagic's technology into future versions of Pro/ENGINEER, PTC's market-leading mechanical computer-aided design (MCAD) software, and ICEM Surf, PTC's premier surfacing system. The agreement demonstrates PTC's ongoing commitment to providing its customers with the world's best styling and surfacing capabilities.

Geomagic's technology simplifies the process of reverse engineering, which entails capturing a physical object and creating a digital model of it to automate the design, engineering and manufacturing loop. Traditionally, the process required specialists and yielded inaccurate results. Geomagic enables users to automatically process a 3D-scanned part, turning it into a surface model that is directly useable within Pro/ENGINEER or ICEM Surf.

The incorporation of Geomagic technology within PTC products will allow customers to quickly and very accurately reverse engineer parts of any complexity, including those with organic shapes that are often considered too time-consuming or difficult to process in traditional CAD/CAM environments. The proposed integration will allow this process to be completed entirely within Pro/ENGINEER or ICEM Surf without the need for external data transfer.

Pro/ENGINEER and ICEM Surf users are looking forward to the ability to rapidly surface a scanned model.

"Rapid surfacing is an important step in our manufacturing process. Being able to quickly create freeform and complex surfaces from a physical model inside Pro/ENGINEER is something we always wanted," said Robert Kolich, manager, Design Service, Fisher-Price. "We are happy to know that Geomagic and PTC will work together to create an integrated solution for rapid surfacing inside Pro/ENGINEER."

For AUDI AG, one of the major requirements is fast surface generation based on scanned data in early design stages. "Rapid surfacing functionality in conjunction with ICEM Surf will be a major step forward in AUDI's design process," said Klaus Schallé, manager, fairing process exterior and interior, AUDI AG.

"Our partnership with Geomagic expands PTC's ability to service our customers with a rapid surfacing solution," said Jon Stevenson, executive vice president and general manager, MCAD solutions, PTC. "Rather than waiting for the development of Class A surfaces, customers can rapidly and accurately surface a scanned physical model and provide data for early feasibility studies in body engineering, analysis and manufacturing. This makes the existing process at many companies better and faster, allowing for the exploration of more design alternatives upfront, resulting in better products for the market."

"Our focus is to fully automate reverse engineering processes and integrate them into mainstream design, engineering and manufacturing," said Ping Fu, president and CEO of Geomagic. "The partnership with PTC is a major step in helping companies turn physical parts into digital assets that can increase design efficiency, reduce inventories and enable new manufacturing options."

PTC plans to offer an initial implementation of Geomagic's technology in the next releases of Pro/ENGINEER and ICEM Surf.

About ICEM Technologies

ICEM Technologies, a subsidiary of PTC, is focused on driving the development and advancement of styling and surfacing solutions. This industry-leading technology combined with interoperability of PTC's MCAD software, provides customers the solutions they need to produce industry-leading products. Additional information on ICEM styling and surfacing solutions can be found at www.icem.com.

About PTC

PTC (Nasdaq: PMTC) develops, markets, and supports software solutions that help manufacturers get superior products to market before their competitors. PTC is the world's largest software company with a total commitment to product development and servicing more than 30,000 customers worldwide. Further information on PTC is available at www.ptc.com.

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