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Thursday, Sep 11, 2003 5:00 AM

RESEARCH TRIANGLE PARK, N.C., September 11, 2003 – Geomagic has been awarded $2 million in research funding from the National Institute of Standards and Technology’s Advanced Technology Program.

The NIST ATP award – one of 44 from 467 proposals – will fund Geomagic research to develop, validate and benchmark new computer-aided inspection (CAI) technology over a three-year period.

According to NIST, the Advanced Technology Program “bridges the gap between academic research and the marketplace, stimulating prosperity through innovation.” The early-stage investments are aimed at “accelerating the development of innovative technologies that promise significant commercial payoffs and widespread benefits for the nation.”

“We are thrilled that NIST agrees with and supports our vision that CAI will have a far-reaching economic impact for U.S. manufacturing,” says Ping Fu, president and CEO of Geomagic. “We are now able to apply appropriate R&D resources to develop CAI technology and standards that will have a significant impact on improving quality inspection.”

Geomagic’s CAI technology is currently embodied in its Geomagic Qualify software, which enables manufacturers to compare 3D scan data of a built part with the original computer-aided design model. Geomagic Qualify is used by manufacturers such as Square D and BMW to increase the speed and accuracy of first-article inspection and parts verification.

The NIST ATP award allows Geomagic to extend its research to address the technical challenges that arise from introducing CAI technology into the manufacturing environment. These challenges include ensuring that data alignment and analysis are repeatable and reproducible; inventing mathematical algorithms where error correction and error prevention can be used to improve quality of data measurements from high-speed, non-contact scanners; and providing analyses and reports that can be benchmarked against known methods and measurements.

“Our success in this project can help eliminate a substantial production inefficiency,” says Fu. “This would result in major savings and process improvements in most manufacturing industries, including automotive, aerospace, defense, consumer products, and medical devices.”

About the ATP

The ATP provides cost-shared funding to industry-led teams – which can include non-profits and universities – to help advance particularly challenging, high-risk R&D projects that have the potential to spark important, broad-based economic or social benefits for the United States. The program supports projects that industry cannot fully fund on its own because of significant technical risks.

ATP awards are made on the basis of rigorous, competitive peer review of the scientific and technical merit of each proposal. The program accelerates enabling technology research, but does not support product development work. Further information about ATP is available at www.atp.nist.gov.

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