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SpaceClaim Continues to Aggressively Expand Reseller Channels Globally

Wednesday, 25 May 2011

More than 200% Sales Growth Reflects Demand for 3D Engineering Software that Drives Innovation, Eliminates Inefficiencies, and Opens New Market Opportunities

Concord, MA, May 25, 2011: SpaceClaim, the leader in direct modeling software that enables all engineers to work in 3D, today announced the rapid expansion of global channels to resell SpaceClaim Engineer. Channel growth was across North America, China and Europe with many resellers choosing to move from the mature market of CAD software to the significant opportunity SpaceClaim addresses to enable engineering teams to rapidly develop and test new product concepts with a lower total cost-of-ownership.

SpaceClaim recently announced that in 2010 sales tripled and new customers increased 40% year-over-year. New resellers in 2011 expand SpaceClaim’s channel by over 45% and join top-tier OEMs that include TRUMPF, ANSYS, and Flow Corporation. Over 70% of SpaceClaim’s sales are now achieved through channels.

“AGS 3D offers cutting-edge 3D technology solutions with expertise in design, rapid prototyping and technology implementation,” said Richard Honey, CEO of AGS 3D. “SpaceClaim’s ease of use and flexibility arm our customers with engineering software that will save them time, reduce errors and enable them to be more innovative. SpaceClaim will help us expand our business and compete more effectively.”

New channel partners covering educational, manufacturing and machining markets include:

North America

Europe

China

“As SpaceClaim has moved from early adopters to major installations, we are focused on expanding our channels to ensure the broadest reach possible,” said Steve Costello, Vice President of Sales, Americas, SpaceClaim. “Enabling engineers to communicate in 3D prior to release to CAD drives better design decisions, shortens time-to-market and improves customer satisfaction. We look forward to working with channel partners to leverage new market opportunities.”

About SpaceClaim Corporation
SpaceClaim enables global engineering and manufacturing organizations to leverage 3D design to innovate, win more business, and get products to market faster. Engineers can rapidly create new designs as well as manipulate and simplify 2D and 3D CAD data, regardless of origin and without the complexity of traditional CAD. Customers include Nokia Siemens Networks, Tyco Connectivity, BorgWarner, Medtronic, Lotus Cars, Toyota Motor Corporation, Sharp, LG Electronics, K2 Medical Systems, FuelCell Energy, Emhart Glass, General Dynamics, and the U.S Navy. SpaceClaim is privately held and backed by Borealis Ventures, Kodiak Venture Partners, and North Bridge Venture Partners. For more information on SpaceClaim, please visit www.spaceclaim.com.

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