SpaceClaim and Bunkspeed Partner for 3D Design and Visualization Solution

LOS ANGELES, CA -- (MARKET WIRE) -- Aug 11, 2008 -- SpaceClaim, the world's first Natural 3D Design™ system, and Bunkspeed®, a leading global provider of visualization software for design, engineering and marketing, today at SIGGRAPH 2008 announced a partnership that integrates their two market-changing products.

SpaceClaim customers can now easily launch their 3D designs directly into Bunkspeed's HyperShot® for groundbreaking photorealistic results. SpaceClaim is the first company to standardize on HyperShot, creating a powerful, "click-and-do" product. Designers can use this product to create highly accurate, photographic images of products that are still only ideas. Users can rapidly design and edit in the same way they think to produce "visually real" images of prototypes and concepts. The integrated solution is available through SpaceClaim.

The partnership with Bunkspeed brings together two cutting-edge companies whose radically innovative products will rock the conceptual design industry by making the power and functionality of large and expensive systems available to individuals.

"SpaceClaim is the first company to offer HyperShot as the standard rendering solution for their revolutionary products," said Philip Lunn, CEO of Bunkspeed. "SpaceClaim and Bunkspeed identified a dynamic market opportunity that provides designers and engineers with a unique 3D modeling and rendering tool. The connection of these two genre-leading technologies makes for a truly compelling package and builds a valuable bridge from design to marketing."

SpaceClaim addresses challenges faced by designers and engineers who need to create designs that are precise, in digital format, 3D, and photorealistic. HyperShot is a real-time, raytraced environment that uses scientifically accurate materials and real-world lighting to create photographic images of SpaceClaim 3D data in minutes. Additionally SpaceClaim empowers 2D users to move to 3D modeling while continuing to work in a familiar environment without having to become "geometry experts."

With SpaceClaim Professional, users manage a streamlined set of tools such as Push, Pull, Move and Combine to create and edit 3D models. With HyperShot, users can turn the SpaceClaim renderings into photorealistic images very easily and quickly. For the first time, designers can move seamlessly from 2D design to 3D modeling to a photorealistic image that visualizes the product in full representation before it actually exists. And do it in minutes.

"The combination of SpaceClaim and HyperShot will drive new levels of creativity for designers from professionals to amateurs, because it is the fastest, simplest and most reasonable way to create a precise photorealistic image," said Rich Moore, VP of Business Development, SpaceClaim. "The process is remarkably smooth and fast. The results are just plain jaw-dropping. We look forward to helping our customers create and produce competitive and leading-edge product designs quickly and cost effectively."

About Bunkspeed

Bunkspeed is a leading global provider of 3D rendering visualization software and services for design, engineering and marketing. Headquartered in Los Angeles, California, our advanced visualization technologies leverage digital engineering assets and contribute to enlightened decision-making in the digital design process. Our clients gain a cost effective way to delivery stunningly realistic sales and marketing imagery and realize significantly reduced product development costs. Founded in 2002, Bunkspeed's impressive list of customers now includes many of the major automotive manufacturers, Fortune 1000 product manufacturers, and major industrial design companies including Honda, Nissan, Ford Motor Company, Chrysler, Pininfarina BMW Designworks, Porsche Design, Kohler, Dell, Microsoft, Nokia, IDEO, frog design and SMART Design. For more information on Bunkspeed's products and services, please visit: www.bunkspeed.com.

About SpaceClaim Corporation

SpaceClaim is the world's first Natural 3D Design™ system -- empowering users to create and edit models faster than ever before. SpaceClaim lets you design the way you think, interacting directly with the model in the way you intend, making even dramatic design edits naturally, and independent of how the part was created. SpaceClaim's team of executives and developers -- the inventors of feature-based modeling -- have created a quantum leap in engineering productivity, a Natural 3D Design system that's accessible to everyone from power users to part-time designers. For more information on SpaceClaim, please visit: www.spaceclaim.com.

SpaceClaim and the SpaceClaim logo are trademarks or registered trademarks of SpaceClaim Corporation. All other trademarks used or mentioned herein belong to their respective owners.

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