PlanetCAD Names Chief

New CEO appointment signals emphasis on cycle-time reduction solutions

Boulder, CO  January 25, 2002  Hot on the heels of its new product launch this week, software company PlanetCAD today announced a new president and CEO.

The company, which earlier this week unveiled its SCS/Envoy product for sharing engineering and design data across and among enterprises, reported that David Hushbeck would take over the top spots from Jim Bracking, who has resigned effective immediately.

Hushbeck had been serving as a vice president and general manager of supply chain solutions at the software company following PlanetCAD's acquisition of eCAS, a supply chain productivity technology developed by CastaLink, where Hushbeck had been chief operating officer.

Prior to CastaLink, Hushbeck held several management roles while at Hewlett-Packard from 1989 through 2000, including as worldwide supply chain manager for the LaserJet group from 1997 through 2000.

The appointment to lead PlanetCAD signals the software company's increased emphasis on its solutions to reduce cycle time during the design and manufacturing process for the manufacturing supply chain.

"We believe this is the right time to appoint an executive with the strong operational and sales background for cycle-time reduction in the manufacturing supply chain market that David possesses," said Eugene Fischer, PlanetCAD's chairman.