Geomagic earns Deloitte 500 for third consecutive year

RESEARCH TRIANGLE PARK, N.C., October 19, 2005 Geomagic was named a winner in the 2005 Deloitte Technology Fast 500 awards announced today. The annual awards program recognizes the fastest-growing technology companies in North America in terms of revenue over a five-year period. It is the third consecutive year that Geomagic has won the award.

Geomagic, founded in 1996, is an international leader in digital shape sampling and processing (DSSP). The company's products enable designers and engineers to transform scan data from physical objects into highly accurate digital models for applications ranging from recreating high-performance engine manifolds for a NASCAR racing team, to reconstruction of historic treasures, to quality inspection that helped ensure safety in the recent NASA Discovery mission.

“Our growth can be attributed to providing the DSSP technology that enables companies worldwide to transform design, engineering, inspection and manufacturing processes, leading to greater ROI and completely new profit centers,” says Ping Fu, president and CEO of Geomagic.

“Achieving sustained revenue growth over five years is a tremendous achievement,” said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. “Geomagic's phenomenal growth puts it in select company.”

About Geomagic

Geomagic (www.geomagic.com) simplifies digital shape sampling and processing (DSSP), enabling customers to accelerate their design-build cycles and ensure quality at every step. More than 4,000 professionals in industries such as automotive, aerospace, medical devices and consumer products use Geomagic software and services. They benefit from unprecedented time savings, fast learning curves, increased productivity, and high levels of user satisfaction. Geomagic has headquarters in Research Triangle Park, N.C., subsidiaries in Europe and Asia, and distributors worldwide.

About Deloitte

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