Seminar Title: Becoming A Successful Enterpreneuer

Ms. Ping Fu, President & CEO of Raindrop Geomagic Inc ( http://www.geomagic.com/), a high profile 3-D software company, has accepted our invitation to talk about entrepreneurship. Her talk should be very attractive to many of our members and friends. Here are the details:

Date and Time: 7:30 PM~ 9 PM, Saturday, Feb 12, 2005
Location: MCNC Auditorium and Lobby (See address and directions below)

Organizer:
Chinese Association of Science and Technology,
North Carolina Chapter (CAST-NC)
Website: http://www.castnc.org

Co-Sponsors:
North Carolina Chinese Business Association (NC-CBA)
Website: http://www.nc-cba.org

The Science and Technology Committee, Chinese-American
Friendship Association in RTP (CAFA)
Website: http://www.cafanc.org

Presentation highlights:
1. Moving from research to commercialization
a) how do you know you are ready to make the move
b) how to obtain funding (very brief) SBIR/STTR/ATP Angel investors VC
c) legal structure (very brief)

• Partner
• S corp
• C corp
• IP protection
• Licensing from University

2. How can a Chinese entrepreneur be successful in the U.S.
a) communication
b) culture
c) leveraging strength and avoid weakness
d) the rule of money

3. Emotional intelligence
a) about competition
b) about friends and partners
c) about fear
d) about leadership

About Ms. Ping Fu:

Ping Fu is the chairman, president and chief executive officer of Raindrop Geomagic. Since starting the company in 1996, Fu has led Raindrop Germanic from an unknown startup to a global industry leader in its market segments. Under her leadership, Raindrop Germanic has attracted more than $8 million in investments from private and institutional investors, won several NSF small business innovation awards, and received NITS advanced technology program funding. The company has been profitable since 2002 and increased its revenue by 2,300 percent during the last five years.

Before starting Raindrop Germanic, Fu was a director of visualization at the National Center for Supercomputing Applications, where she initiated and managed the NCSA Mosaic software project that later became Netscape, and developed animation software used in the movie Terminator 2. She has more than 20 years of software industry experience in database, networking, geometry processing, and computer graphics.

Fu was awarded the Entrebizneur of the year and woman extraordinary in 2004
by business leader magazine, the Ernst & Young Entrepreneur of the Year for
the Carolinas in 2003 and was selected as one of the worldwide "Fast 50" by
Fast Company magazine. She holds MS and BS degrees in computer science from
the University of Illinois Urbana-Champaign and the University of California San Diego, and a post graduate degree in Chinese literature from Suzhou University China. Fu is also an adjunct professor in computer science department at Duke University.

Direction:

MCNC Auditorium
Building #1
3021 Cornwallis Road,
Research Triangle Park, NC 27709-2889
Map Directions: http://www.mcnc.org/rtpmap.html

Driving Directions:
1. Directions from Raleigh or locations south or east of RTP. (Please reference Map:http://www.mcnc.org/raleigh.html)

Take I-40 West, toward Chapel Hill/Durham. Take the Durham Freeway (Route 147) North, the sign reads "Exit #279B, 147 North, Durham." Take the next exit (to the right) marked "Research Triangle Park, Cornwallis Road." At the end of the exit, turn right onto Cornwallis Road. Continue after the first light (entrances to GlaxoSmithKline to both the right and left) for about 0.2 miles - the sign of the entrance to MCNC is on the right-hand side. The MCNC auditorium is next to the front entrance of the building.

2. Directions from Durham, Chapel Hill, or locations North or west of RTP:
(Please reference Map:http://www.mcnc.org/durham.html)

Take I-85 to the Durham Freeway (Route 147). Take the Durham Freeway (Route
147) South to the Cornwallis Road Exit. At the end of the ramp, make right turn
on to Cornwallis Road. Go through the first light if it was not red (entrances to GlaxoSmithKline to both the right and left), and continue for about 0.2 miles
- the entrance to MCNC is on the right-hand side, just after the yellow " Signal Ahead" sign. The MCNC auditorium is next to the front entrance of the building.