RESEARCH TRIANGLE PARK, N.C., December 6, 2004 - Ping Fu, president and CEO of Geomagic, has been named one of Business Leader magazine's 2004 Women Extraordinaire.
Business Leader is a monthly publication covering the Raleigh, Durham and Chapel Hill region of North Carolina. The Women Extraordinaire awards honor commitment, contribution and impact in society.
Ping Fu came to America from China in 1982 and co-founded Geomagic in 1996. The company’s products enable designers and engineers to capture scan data from physical parts and create highly accurate digital models for applications such as digital dentistry, historic preservation of the Statue of Liberty, redesign of a retro Harley-Davidson gas tank, and quality inspection to ensure that circuit breakers will last 400 years.
Fu was named president and CEO of Geomagic in early 2001. In a time when venture capital was scarce, her leadership helped jump-start product sales and significantly reduce costs. Geomagic became profitable in 2003 and increased revenue by 2,136 percent over the last five years. In FY 2004, Geomagic increased product sales by 49 percent, doubled its total number of employees, and grew internationally by acquiring a European technology company and establishing subsidiaries in Germany and Asia.
In addition to running a successful international company, Fu has a happy family life and actively participates in community service activities. She has conducted lectures at UNC, Duke and N.C. State; donated money to Exploris, the local interactive museum, to help sponsor the China-On-Tour cultural exhibit; and donated money to the Computational Geometry conference, enabling students to attend at a significantly reduced fee.
“Ms. Fu exhibits all of the attributes that would make any person extraordinary,” says Dan Davies, editor and publisher of Business Leader. “She’s overcome hurdles to become both a professional and personal success, standing as an example for employees, peers and women across the region.”
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 Davidson, Timberland, Mattel/Fisher Price, Lego, Pratt & Whitney, NASA, 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