FOR IMMEDIATE RELEASE

March 2005

For more information, please contact:
Delcam USA - Engineering Geometry Systems
888-393-6455
info@featurecam.com

Delcam Acquires EGS

Delcam has consolidated its position as the leading world-wide supplier of specialist machining software and associated services with the acquisition of the US-based CAM software specialists Engineering Geometry Systems, the developer of the FeatureCAM CAD/CAM software line.

FeatureCAM will continue as an independent product line, developed in the USA and marketed worldwide.  "The only immediate difference existing FeatureCAM users will see is a change in the company name to Delcam USA," said Delcam’s Managing Director, Hugh Humphreys.  "I am pleased that all EGS’ management and staff have agreed to stay with the company.  Both companies produced record sales in 2004, so it only makes sense to continue to strengthen both product lines and aggressively market them worldwide."

Introduced in 1995, FeatureCAM was the world’s first Windows- and feature-based milling system.  The product range has grown significantly to include turning, wire-EDM, mill-turn packages and feature recognition for imported CAD files.

"The acquisition will help provide the additional exposure and resources necessary to move FeatureCAM to an even higher level of automation to better serve our customers," says Glenn McMinn, President of Engineering Geometry Systems.  "Delcam is an experienced player in the CAM business and, as a result, the company has a much broader reseller network with more than 150 offices in 60 countries.  Being part of Delcam will help us grow our sales significantly and increase our international market share."

With this acquisition, Delcam will provide an even broader range of quality products to address the worldwide need for CAM at various price points.  "We recognize the importance of the FeatureCAM brand name in the industry and its unique position.  The addition of the FeatureCAM family will accelerate our sales growth by giving us strength in automated and feature-based production machining.  This will complement our industry-leading products for toolmaking and other complex manufacturing operations," commented Mr. Humphreys.  "In addition, FeatureCAM’s high reputation with its users will further raise Delcam’s profile and market share in the CAM industry, especially in the important North American market."