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Spatial Launches World's 1st Web Portal Offering Multiple Application Services for Manufacturing and Design Engineers

12 June 2000

PlanetCAD Combines Powerful, Problem Solving Web-based Tools With In-depth Industry Content

    Spatial Inc., the world's leading developer of Web-hosted engineering application services, e-frastructure, interoperability solutions and open, component 3D modeling technology, today announced the launch of PlanetCAD. This one-stop Web services portal for manufacturing and design engineers offers a unique combination of Web-hosted application services designed to solve real-world design engineering problems and a robust array of e-commerce, content and community features.

    PlanetCAD is an engineering service provider, and its focus on providing Web-hosted application services and content, e-commerce and community services strictly to the manufacturing and design engineering community sets the site apart from other business-oriented Web portals. PlanetCAD's Web-hosted software services help engineers to originate, design, communicate and physically create consumer products, machines, buildings and infrastructures. PlanetCAD's application services are developed both internally using Spatial's proprietary technologies and for third-party CAD/CAM/CAE ISVs using Spatial's Web-application expertise.

    "Spatial's portal is the first to offer multiple Web-hosted application services, in addition to e-commerce, content and community features, to the manufacturing and design engineering industry," said Bruce Morgan, president and CEO of Spatial. "Our aim is to bring tremendous efficiency to our customers' day-to-day task of creating quality manufactured products. This business model is aimed at saving companies money by helping their engineers become more productive across the digital manufacturing supply chain."

    "Spatial's early Web initiatives got off on the right foot with the very positive reception of 3Dshare.com, our first Web-hosted application, and the closing of $6.9 million in venture capital financing," said Isaac Kato, vice president and general manager of Spatial's PlanetCAD division. "The on-time launch of PlanetCAD provides further validation that Spatial is making the successful evolution to an Internet business built on the company's robust technology roots."

    PlanetCAD - Web-Hosted Application Services

    PlanetCAD's application services are designed to reduce the time, frustration and money spent achieving everyday engineering tasks. The portfolio of these services will continue to grow over the coming months. Current application services include:

    3Dshare.com - A fully automated service that
    repairs and optimizes corrupt or incomplete design data. CAD, CAM
    and CAE files can become corrupted after being transferred between
    different computer systems or between supplier and manufacturer.
    3Dshare.com, successor to Spatial's 3Dmodelserver.com, can repair
    files in a fraction of the time that it takes to do the job
    manually and charges customers a fee based on file size and
    format.

    Bits2parts.com - An e-commerce site that
    provides resources for efficiently exchanging design files,
    requests-for-quote and bids for rapid prototyping (RP)
    services. Bits2parts.com enables rapid and error-free delivery of
    design files to RP suppliers, and facilitates RFQ and bid
    generation and tracking. In addition, the service will feature the
    only online version of the Rapid Prototyping Directory, the
    industry's standard resource guide, as well as news and other
    content.

    3Dpublish.com - A fully-automated service
    that takes 2D "snapshots" of 3D CAD, CAM or CAE models for
    archival, demonstration or marketing purposes. Customers can
    specify file presentation format, scale, resolution, margins and
    background color.

    Forthcoming application services include:

    Quote-A-part - based on Tecnomatix
    Technologies Ltd's eMPower Machining solution, this web-hosted
    service will enable machining job-shops and small plant
    manufacturers to enjoy all the benefits of sophisticated software
    on a pay-per-use basis. Using the Internet, the user will be able
    to obtain a quote by filling in a simple template with
    manufacturing information and attaching the 3D CAD data. Within
    minutes, the user will receive a quote providing information on
    costing, features, operations and tool requirements for the
    manufacturing process.

    CadCast.com - Scheduled for launch in Q2 2000, the
    service will enable CAD, CAM and CAE model data to be transmitted,
    managed and tracked securely over the Internet. CadCast.com is
    based on technology licensed by Freightliner, a Fortune 100
    manufacturer.

    Multiple Third Party Applications - Spatial plans to offer
    multiple third-party software applications through the PlanetCAD
    ASP platform. Spatial is currently developing its first third
    party application and expects to launch two to three more by the
    end of FY 2000.

    PlanetCAD - Portal Details

    In addition to engineering services, PlanetCAD offers a broad array of e-commerce, content, and professional and community services.

    E-commerce - PlanetCAD will offer a variety of e-commerce features
    to users, starting with its Bits2Parts.com RP brokerage service.
    PlanetCAD intends to expand this to the broader custom
    manufacturing market. Additionally, the PlanetCAD store will go
    live in early Q3.

    Content - PlanetCAD currently features industry news, editorial
    content and product reviews serving the design and manufacturing
    engineering community. In the near future, PlanetCAD will offer
    multiple service directories, engineering yellow pages, classified
    advertisements, Webcasts of industry forums and speakers and
    online educational seminars.

    Professional and Community Services - PlanetCAD will offer
    professional and community services for design and manufacturing
    engineers, including management and tracking of 3D CAD models,
    online conferences and professional meetings, engineering-oriented
    search engines, career development services, employment boards for
    recruiters, chat and bulletin boards.

    PlanetCAD - Partnerships

    PlanetCAD has secured a number of key strategic partnerships, including, but not limited to:

    Tecnomatix Technologies Ltd. - PlanetCAD has made an alliance with
    Tecnomatix to apply and host-selected manufacturing cost
    estimation software products from Tecnomatix across the Internet.
    The first service to be implemented under this key alliance -
    quote-A-part - will be available at the end of Q2 2000.

    CAD/CAM Publishing - PlanetCAD has exclusively licensed the Web
    publication rights to the Rapid Prototyping Directory, the most
    comprehensive directory of RP service providers available.
    PlanetCAD will make the directory available on Bits2Parts.com.

    Alibre - PlanetCAD has struck a cross-marketing partnership with
    Alibre. Alibre, a venture funded startup, is an early provider of
    Web-based design collaboration tools. The companies have agreed to
    co-market their services.

    About Spatial Inc.

    Spatial Inc. is the world's leading provider of Web-based services, e-frastructure and advanced engineering technology solutions to streamline the digital manufacturing supply chain and set global standards for product engineers, designers, software developers and manufacturing professionals. Spatial is headquartered in Boulder, Colo., and has offices in California, Germany, Japan and the United Kingdom.

    Statements made in this news release that are not historical facts may be forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement, and any projections related to 3Dshare.com and PlanetCAD may be significantly different than those predicted by the Company. There are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. A description of risks and uncertainties attendant to Spatial Technology Inc. and its industry, and other factors which could affect the Company's financial results, are included in the Company's Securities and Exchange Commission filings, including but not limited to the Company's annual report on Form 10-KSB for the year ended December 31, 1999.

    Spatial Technology Inc., 3Dshare.com, 3Dpublish.com, Bits2Parts.com, ACIS 3D Toolkit, SAT and PlanetCAD are trademarks, and ACIS and IntraVISION are registered trademarks of Spatial Technology Inc. All other products are trademarks of their respective owners.

    Trademarks and registered trademarks are the property of the companies with which they are associated.