CIMdata PLM Industry Summary Online Archive
21 March 2007
Company News
SpaceClaim Announces Addition of Michael McGuinness as Chief Operating Officer
SpaceClaim Corporation announced the addition of Michael McGuinness to its Executive Team. McGuinness brings to SpaceClaim 25 years of strategic vision, and successful execution in high technology, management, and business development. With broad executive experience across several industries and deep experience in bringing to market software for the manufacturing sector, he is well-qualified to lead SpaceClaim's customer-facing activities.
"Michael McGuinness' rich background and considerable experience in generating customer-focused growth will help the market realize the full potential of SpaceClaim's ground-breaking 3D mechanical design technology," commented Mike Payne, SpaceClaim CEO. "We are pleased to welcome Mike, a seasoned software executive with relevant industry experience, to this key leadership position."
Most recently, McGuinness was the President and CEO of PanGo® Networks, Inc., a market leading provider of its PanOS Platform® and applications that leverage RFID technology in support of the real time asset tracking market. Joining just prior to product launch, McGuinness helped position the company with key partners, including Cisco, and generate dozens of successful customer deployments before negotiating a merger with a larger RF technology company to achieve greater critical mass in the marketplace.
Prior to joining PanGo, McGuinness held the position of President and CEO of NuGenesis® Technologies Corporation. During his tenure, McGuinness orchestrated the company's transition from a pre-production, technology focused software company into the leading provider of Scientific Data Management Systems (SDMS)-commanding over 85 percent market share. Within a four year span, NuGenesis completed over 400 enterprise software deployments at over 200 companies involving over 30,000 end user licensees. Waters Corporation acquired the company in February 2004.
Beginning in 1987, McGuinness spent 10 years at Parametric Technology Corporation® (now PTC®), joining before its first product shipment and helping the company grow to become the dominant software vendor in the multi-billion dollar Product Lifecycle Management (PLM) market. As Senior VP of Worldwide Sales and Services, McGuinness successfully grew the company's revenue from $267M to over $800M in a span of three years, ultimately, he held the position of Executive Vice President of Research, Development and Marketing responsible for executing the company's product strategy and market positioning.
McGuinness serves on the Boards of Trustees of Fairfield University of Fairfield, CT and The Rivers School of Weston, MA. He holds a BS from Fairfield University.
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