IronCAD Names Joseph L. Walsh as New Vice President

of Worldwide Sales

ATLANTA, GA., June 13, 2001—IronCAD, LLC, the innovation leader in productive solid modeling, today announced the expansion of the company’s executive team to include the appointment of Joseph Walsh as vice president of Worldwide Sales. Walsh, who has 23 years of technical and sales experience in the mechanical design industry, will be responsible for all of IronCAD’s worldwide sales promotions and programs.

"We are very excited to have Joe join our team. It is rare to find a successful sales executive with such a deep understanding of the technical needs of the engineering community,” said Dr. Tao-Yang Han, IronCAD president. “He has a strong customer focus and extensive 3D Modeling, business management, sales, and sales management expertise. Combining these skills with his customer and channel partner experience will enable IronCAD to leverage our innovative modeling technologies into real world design solutions."

"The IronCAD product line, well known for its technical excellence and innovation, is uniquely positioned to enable the next generation of 3D Design. I am thrilled by the opportunity to join the excellent team at IronCAD, LLC as the company positions itself for rapid and extensive growth," said Walsh. "I look forward to working with the IronCAD team and customers to make IronCAD the market leader.”

Walsh joins IronCAD from Spatial Corp., where he was vice president of North American Sales. At Spatial, Walsh was instrumental in establishing the company as the leading supplier of 3D component software technologies. Prior to Spatial, Walsh held executive management positions at United Kingdom based software companies FEGS and PAFEC, where he developed a strong record of sales successes in the design and engineering analysis fields. Walsh holds a Bachelor of Science in Architectural Engineering from Milwaukee School of Engineering.

Walsh assumes sales responsibilities from Shaun Murphy, who was temporarily acting as vice president of Sales and Marketing since IronCAD’s formation in March. Murphy will continue to lead the company’s marketing activities as vice president of Marketing.

About IronCAD, LLC

Based in Atlanta, GA, IronCAD, LLC is a leading provider of innovative design solutions that deliver the highest levels of customer satisfaction and productivity. Its flagship product, IRONCAD™ is a revolutionary design solution that incorporated the first new solid modeling architecture in a decade, enabling true drag-and-drop design and unprecedented visual product development. IronCAD is used by customers throughout the world, including Agilent Technologies, Fleetwood Enterprises, Hewlett-Packard, Honeywell, Raytheon and Skyline Displays. For additional information, please contact IronCAD, LLC at 1-800-339-7304 or www.ironcad.com.

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