Geomagic places 162
in Deloitte Technology Fast 500
RESEARCH TRIANGLE PARK, N.C., October 20, 2004 - Geomagic is ranked number 162 – up 141 places from last year – in the 2004 Deloitte Technology Fast 500 announced today. The annual awards program recognizes the fastest-growing technology companies in North America in terms of revenue over a five-year period.
Founded in 1996, Geomagic creates products that enable designers and engineers to capture scan data from physical parts and create highly accurate digital models. The company’s products provide the software power for applications such as mass customization, digital reconstruction and redesign of physical parts, and computer-aided inspection. Geomagic reported a 1,366-percent growth rate from FY 1999 to FY 2003.
“Our growth continues to accelerate as we provide benefits to manufacturing companies worldwide,” says Ping Fu, president and CEO of Geomagic. “We deliver innovative solutions that enable rapid design and quality assurance by transforming and comparing physical objects and digital models. ”
Geomagic’s software is used by manufacturers worldwide – including Toyota, Harley-Davidson, Fisher-Price, Align and hundreds of others – for customizing products, automating processes, and increasing throughput.
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