Camarillo, Calif. — Sept. 16, 2008 — DP Technology Corp., leader and innovator in the sector of computer-aided-manufacturing (CAM) and author of the ESPRIT® CAM system, announces the cash acquisition of BinarySpaces Software Technology GmbH, a virtual machining software company based in Teltow (Berlin), Germany.

“This acquisition provides DP Technology with direct access to simulation technology that will allow us to further develop our OEM partnerships with machine tool builders around the world,” said Chuck Mathews, vice president of DP Technology. “We are also excited about the opportunity to offer our ESPRIT end-users a stand-alone simulation product, a tool that is increasingly important for today’s complex multi-axis and mill-turn machine tools.”

Both companies will continue to operate independently, as BinarySpaces will maintain its current headquarters in Berlin, where all existing staff will remain. The most significant immediate result to be gained from this acquisition are the technological enhancements derived from a commitment by BinarySpaces to double its investment in research and development (R&D) over the next 12 months.
BinarySpace offers its virtual machining (simulation) technology as a software component, SIMNC Core API, to be embedded in individual OEM products. The company also offers pre-packaged CNC machine simulation products directly to end-users under the trade name of SIMNC. BinarySpaces has an extensive end-user customer base in Europe, as well as a number of large European and Japanese machine tool builders as OEM customers, who then distribute the combined products world-wide.

About SIMNC

The BinarySpaces product family, SIMNC, produces 3D simulation of complex multi-axis machine tools, including collision detection, material removal and other non-cutting processes. The SIMNC Core API, the foundation of the entire product line, is built using the latest software architecture, which optimizes its use of memory and CPU power — allowing the product to easily run on-line on a machine tool control, or off-line on a stand-alone PC. This modern architecture supports parallel processing that maximizes graphics performance on 64-bit and/or multi-core computers. SIMNC includes a Machine Tool Builder to aid in defining the computer representation of the machine tool. The SIMNC Control Emulator allows the simulation engine to run off-line directly from the end user’s G-Code part programs, while the SIMNC Part Set-up aids the end-user in defining the cutting tools and fixtures related to each individual CNC program.

About DP Technology

DP Technology is a leading developer and supplier of computer-aided manufacturing (CAM) software for a full range of machine tool applications. ESPRIT, DP Technology’s flagship product, is a powerful, high-performance, full-spectrum programming system for milling, turning, wire EDM and multitasking machine tools. ESPRIT embodies DP Technology’s passion for excellence and its vision of technology’s potential.

DP Technology maintains its worldwide headquarters in Camarillo, Calif., and product development teams in California and Florence, Italy. Sales and support operations are located in Europe, Asia, and North and South America. For additional information about DP Technology and ESPRIT, call +1-805-388-6000, send an e-mail to Email Contact, or visit the company Web site at www.dptechnology.com.

MEDIA CONTACT:                 
Stacey Wiebe
Public Relations Coordinator
DP Technology
(805) 388-6000
Email Contact


TECHNICAL CONTACT:
Chuck Mathews
Vice President
DP Technology
(805) 388-6000
Email Contact