Geomagic hires new CFO and VP of human resources

RESEARCH TRIANGLE PARK, N. C., February 13, 2008 - Geomagic, a worldwide software and services company, has added two new executives to their management team: Steve Carnevale has joined as chief financial officer and Stacey Mangum has been hired as the company's vice president of human resources.

Carnevale brings to Geomagic more than 20 years of experience in financial management, business analysis, strategic planning and operational controls. Before joining Geomagic, he was CFO Partner in the Raleigh office of Tatum LLC, where he helped companies such as LVL7 Systems accelerate business success and create more value. Carnevale has held senior management positions in semiconductor, software, imaging services, networking and other technology-driven industries.

Mangum brings 20 years of experience in human resources management to Geomagic, including experience with venture-capital-funded software companies such as Engineous, LIPSinc, and most recently, Arsenal Digital. At Arsenal, she led restructuring that contributed to record increases in annual revenue and profitability.

"Great people are at the core of Geomagic's success," says Ping Fu, president and CEO of Geomagic. "Geomagic is growing rapidly in terms of both revenue and people. I am very excited to have Steve and Stacey join the Geomagic management team. Their expertise in finance and human resources is critical for Geomagic's future success."

About Geomagic

Geomagic (www.geomagic.com) provides automated geometric modeling and inspection software 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:
Becky Suzik
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Phone: +1 (919) 474 0122
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