Geomagic Honored as a 2006 Triangle Business Journal Fast 50 Company

RESEARCH TRIANGLE PARK, N.C.--Geomagic® (www.geomagic.com), a worldwide software and services company, announces that it has won a 2006 Triangle Business Journal Fast 50 Award for being one of the fastest growing private companies in the Triangle area of North Carolina. The award marks the third time that Geomagic, the world’s leading provider of software and services for digital shape sampling and processing (DSSP), has received the honor.

The Fast 50 list recognizes companies for revenue growth over a three-year period as tabulated by global accounting firm PricewaterhouseCoopers® LLP. Geomagic recorded double-digit revenue growth during the period.

“We are delighted to be included on the Fast 50 list once again,” says Ping Fu, Geomagic chairman, president and CEO. “The award recognizes Geomagic’s consistent and sustained growth. I want to thank our employees and customers for their passion and support in making Geomagic the leading innovator in custom product development. Together, we are changing the face of manufacturing.”

Geomagic has established a global user base of more than 5,000 product design and engineering professionals. The Geomagic software suite, including Geomagic Studio® and Geomagic Qualify®, provides a technology platform for reverse engineering, digital reconstruction, and part inspection that enables companies to be first-to-market with highly customized products delivered at the same speed and cost as mass-produced items.

Geomagic is located in the Triangle area, consistently voted one of the best places to do business in the United States. The Triangle is located between the cities of Durham, Raleigh and Chapel Hill. Home to one of the most prominent high-tech research and development centers in the country and often compared to Silicon Valley, Geomagic has exemplified the area’s reputation known for its entrepreneurial activity.

About Geomagic

Geomagic® (www.geomagic.com) is a worldwide software and services company headquartered in Research Triangle Park, North Carolina (U.S.A.), with subsidiaries in Europe and Asia and distributors worldwide. Geomagic is the market leader in digital shape sampling and processing (DSSP) with a vision of mass customization, technology innovation and business performance. Geomagic software enables customers to accelerate product development cycles and ensure quality at every step. More than 5,000 professionals use Geomagic software and services across diverse industries including automotive, aerospace, medical devices and consumer products. They benefit from unprecedented time savings, short learning curves, increased productivity and simplified processes.

For media information, contact David Abels, senior account executive, Koroberi, Inc. (www.koroberi.com), by phone at (919) 960-9794 ext. 22 or by e-mail at david@koroberi.com.