Geomagic Selected to Present at Venture Capital Forum

RESEARCH TRIANGLE PARK, N.C., September 18, 2002- The Council for Entrepreneurial Development and Springboard Enterprises have selected Geomagic as one of the 16 women-led companies that will present their businesses at the Springboard: Southeast 2002 venture capital forum. The event is scheduled for September 27 at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School.

Finalists for the forum were selected by a committee of the area’s leading venture capitalists and service providers from a field of 100 candidates recruited from Florida to Maryland. The Southeast forum presenters join 214 past Springboard participants from throughout the country who have raised more than $750 million dollars for their companies since January 2000.

“The women chosen to present at Springboard: Southeast 2002 represent the next wave of successful entrepreneurs in this fertile region,” says Monica Doss, president of the Council for Entrepreneurial Development. “These forums provide women entrepreneurs with access to the ‘who’s who’ within the investment community.”

“It will be an honor to present Geomagic at this forum,” says Ping Fu, the company’s president and CEO. “It is recognition that Geomagic is making a positive impact on the way companies design, manufacture and inspect products.”

About Geomagic
Geomagic (www.geomagic.com) provides 3D photography solutions for digital manufacturing, mass customization and quality assurance. In addition to its flagship products, Geomagic Studio and Geomagic Qualify, Geomagic offers customized software for vertical markets such as hearing instruments and dental devices.

About CED
The Council for Entrepreneurial Development (www.cednc.org), located in Research Triangle Park, N.C., is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region.

About Springboard Enterprises
Springboard Enterprises (www.springboardenterprises.org), is a Washington, D.C.-based non-profit organization dedicated to increasing women-led high-growth enterprises’ access to the equity markets.

Media contacts: Bob Cramblitt, Jill Aitoro
Cramblitt & Company
Email: cramco@cramco.com
Phone: 919-481-4599