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SpaceClaim Announces SpaceClaim Engineer 2012

CONCORD, MA -- (MARKET WIRE) -- Mar 20, 2012 -- SpaceClaim ( www.spaceclaim.com), the leader in easy and accessible 3D CAD for engineering, mechanical design, and manufacturing, announced today the immediate availability of SpaceClaim Engineer 2012. This release introduces significant new capabilities in reverse engineering, model preparation for simulation, manufacturing, and data reuse. These new capabilities build on SpaceClaim's accessibility, ease-of-use, and low total-cost-of-ownership, enabling even more engineers, designers, and analysts to complete their projects with SpaceClaim's innovative 3D direct modeling technology.

The combination of ease-of-use and lower cost ensures that the total cost of ownership of SpaceClaim is less than 50% of the cost of traditional CAD products. With this release, SpaceClaim continues to expand into markets where its unique tools address previously unsolved problems and where SpaceClaim Engineer meets users' complete CAD needs. SpaceClaim continues to penetrate markets where traditional CAD is the wrong product for basic engineering tasks, and where ease-of-use, interoperability, and maturity are required to enable engineers, designers, and machinists to work in 3D.

"Before SpaceClaim, it wasn't possible for me to do my job in 3D," said Steve Tyler, Owner, Austmarinetech. "We deal with so many design changes that it wasn't worth the time, let alone the investment, to use feature-based CAD. With SpaceClaim, I can open 2D and 3D designs from suppliers, assemble them into a design, and make changes on the fly. The direct modeling interface gives me instant updates and lets me communicate with team members who don't speak English. Overall, SpaceClaim has improved my process by a factor of two and made my life a lot easier."

"SpaceClaim 2012 is a milestone release for the company. SpaceClaim is now by far the most mature of a new generation of 3D CAD products, and we're now seeing SpaceClaim Engineer selected as a tool of choice for the complete design process, not just for discrete tasks," said Chris Randles, SpaceClaim President and CEO. "Traditional parametric, feature-based tools have reached the limits of their market penetration, but there still exists a huge underserved market for 3D CAD. Most users still use 2D or 3D products with limited capabilities and poor interoperability. SpaceClaim is innovative, affordable, and accessible. It makes it as easy for any user to create, document, and share 3D designs as it is to use mainstream office productivity tools. What we are seeing is the democratization of 3D CAD."

New capabilities in SpaceClaim 2012 include:

"SpaceClaim and Google SketchUp share a long-term vision of enabling everybody to work in 3D. SpaceClaim's ability to turn SketchUp files into precise solids suitable for manufacturing -- without remodeling -- will enable mechanical SketchUp users to more quickly realize their vision, and help SpaceClaim users take advantage of the millions of models available in our 3D Warehouse," said Tom Wyman, Business Development Manager for Google SketchUp.

SpaceClaim more than doubled its installed base in 2011 and continues to enable more users to be productive in 3D while adding value to manufacturer's existing investments in CAD. SpaceClaim is being rapidly adopted by small-to-medium businesses as a dedicated CAD tool and by large organizations as an engineering tool complementary to long-standing production CAD deployments, thus broadening the use of 3D throughout the entire product development lifecycle.

About SpaceClaim Corporation
SpaceClaim, the leading provider of 3D Direct Modeling software, develops the best direct modeling solution for engineering and manufacturing. SpaceClaim's acclaimed software is easy to learn and use and is completely CAD-neutral. It enables engineers and other manufacturing professionals to rapidly create new designs or manipulate and edit existing 2D and 3D geometry, without the complexity of traditional CAD. Customers include Toyota Motor Corporation, Nokia Siemens Networks, Bosch, TE Connectivity, BorgWarner, Medtronic, Lotus Cars, Sharp, Ford Motor Company, LG Electronics, Eaton, K2 Medical Systems, FuelCell Energy, Emhart Glass, GE Aviation, Carl Zeiss, General Dynamics, and the U.S. Navy. SpaceClaim is privately held and backed by Borealis Ventures, Kodiak Venture Partners, North Bridge Venture Partners, and Needham Capital. For more information on SpaceClaim, please visit www.spaceclaim.com.

Contact:
Bernie Buelow
SpaceClaim Corporation 
(978) 482-2211

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