Chris Randles Replaces Michael Payne as SpaceClaim CEO
 CONCORD,
MA, Sep 30, 2008 - SpaceClaim, the world’s first Natural 3D Design system,
today announced that Chris Randles has been appointed President and CEO and
has joined the Board of Directors. Randles replaces co-founder Michael
Payne, who continues as Chairman of the Board.
 “SpaceClaim
is poised to leverage extensive opportunities in bringing 3D design to
everyone,” said Payne. “Our collective wealth of experience in the software
design industry has brought a unique understanding of how to make complex
design easy, affordable, precise and fast. It took a fresh perspective and,
as an emerging player, SpaceClaim is driving the necessary innovation. We
welcome Chris to our team and look forward to the next phase of our growth.”
Randles most recently was Entrepreneur-in-Residence at Borealis Ventures.
Prior, Randles led the management buyout of Mathsoft and served as its
Chairman, President and CEO until the company was acquired by PTC
(Parametric Technology Corporation). Earlier, Randles was Senior Vice
President and GM of the Engineering and Education Division of Mathsoft.
Under his leadership, Mathsoft was transformed into a fast-growing and
profitable provider of analysis and documentation solutions for engineering
enterprises around the world.
“Innovation drives new market opportunities and SpaceClaim has created a
breakthrough 3D design and modeling tool that shortens development cycles,
increases productivity and improves collaboration,” said Randles. “As an
emerging company, SpaceClaim is broadening its reach into markets that are
underserved by existing 3D design tools, including conceptual design, CAE
and manufacturing. I look forward to leading the highly talented team at
SpaceClaim and to working closely with our customers and strategic industry
partners.”
SpaceClaim Professional represents a new class of 3D productivity tool
that is optimized for design and conceptual engineering, manufacturing
engineering and computer-aided-engineering (CAE) model preparation.
Introduced in 2007, SpaceClaim Professional requires minimal training and
extends 3D modeling functionality to engineers and designers engaged in
mechanical design. Customers who create solid models early in the design
process with SpaceClaim software spend less time detailing changes,
modifications or revisions. SpaceClaim is also optimized to manage
history-based data to ensure these existing concepts and designs can be
re-used in other areas of the design-to-manufacture process. The software is
competitively priced and requires minimal training, ensuring a rapid return
on investment and a low total cost of ownership.
“We pride ourselves on identifying and partnering with exceptional
entrepreneurs who are creating and redefining applications and markets,”
said Richard D’Amore, Partner, North Bridge Venture Partners. “SpaceClaim is
literally transforming 3D design, combining a highly flexible design
environment with maximum usability. As with many prior technology
breakthroughs, making a vital process easy, faster and less costly opens up
new markets. We look forward to SpaceClaim’s continuing emergence and growth
under the proven leadership of Chris Randles.”
SpaceClaim continues to partner with market-leading companies; to win new
customers; and to drive product innovations. SpaceClaim recently announced a
partnership with Bunkspeed, the leading provider of 3D rendering
visualization software, to enable users to create photographic renderings of
3D designs directly from SpaceClaim. Earlier this year ALGOR, a leading
provider of design, analysis and simulation software, and ANSYS, which
develops, markets, and supports engineering simulation software, announced
technology partnerships with SpaceClaim to offer users a complete
design-to-analysis solution and a unique CAE workflow. SpaceClaim and Robert
McNeel & Associates additionally announced the integration of SpaceClaim LTX
and the very popular stylized surfacing software, Rhinoceros.
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 independently 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, visit
www.spaceclaim.com.
--------
If news like this is important to you, sign up for our TenLinks Daily at www.tenlinks.com/NEWS/sub_unsub.htm.
Related News
Source: Material used in press releases is often supplied by external
sources and used as is.
|
