Geomagic Starts 2007 with Record Quarter

Company's revenue grows by 150 percent compared to previous year; growth strong in all business sectors, especially dental CAD/CAM

(Research Triangle Park, North Carolina, USA: April 11, 2007) Geomagic, a worldwide software and services company, reports record revenue for the quarter ending March 31, 2007, with 150 percent growth compared to the same period last year.

Revenue increased across all product lines and geographic regions, with especially strong performance in dental CAD/CAM, where Geomagic is the worldwide market leader.

“I think we are seeing a tipping point for digital shape sampling and processing (DSSP), an industry category that is disruptive in its impact on speed, product differentiation, and quality,” says Ping Fu, Geomagic's president and CEO. “Our vision of mass customization is becoming a mainstream business model in product design for the 21st century.”

DSSP describes the ability to use scanning hardware and processing software to digitally capture physical objects and automatically create accurate 3D models with associated structural properties for design, engineering, inspection and custom manufacturing.

Geomagic is a pioneer and market leader in providing DSSP products, which according to Fu are transitioning from R&D labs to the front lines at leading automotive, aerospace and consumer product companies; at dental and hearing device companies; and within product inspection departments of industries ranging from turbine to electrical manufacturers.

About Geomagic

Geomagic (www.geomagic.com) simplifies digital shape sampling and processing (DSSP) for more than 5,000 professionals in industries such as automotive, aerospace, medical devices and consumer products. The company's products and services are used to enable mass customization with the same efficiency and cost as mass production, improve dental care with individually designed devices, speed time to market for consumer products, automate inspection for better quality in dramatically less time, increase safety for NASA shuttle missions, and optimize design for everything from racing cars to blimps. Geomagic has headquarters in Research Triangle Park, N.C., subsidiaries in Europe and Asia, and distributors worldwide.

Media Contact

For media information, contact:
Adeline Chan
Marketing Manager
Phone: +1 (919) 474 0122
E-mail Geomagic