8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

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                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of report (Date of earliest event reported): SEPTEMBER 19, 2001


                                 PLANETCAD INC.
               (Exact Name of Registrant as Specified in Charter)

       DELAWARE                       0-288-42                 84-1035353
(State of Incorporation)      (Commission File Number)        (IRS Employer
                                                            Identification No.)

    2520 55TH STREET, SUITE 200
    BOULDER, COLORADO                                             80301
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(Address of Principal Executive Offices)                       (Zip Code)

Registrant's telephone number, including area code: (303) 209-9100
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                                       N/A
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          (Former Name or Former Address, if Changed Since Last Report)








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ITEM 5. OTHER EVENTS.

         On September 19, 2001, PlanetCAD Inc. issued a press release relating
to its corporate realignment program. A copy of the press release is attached
hereto as an exhibit.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(a)      Not applicable.

(b)      Not applicable.

(c)      Exhibits.

         99.1     Press release of PlanetCAD dated September 19, 2001.

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                             PLANETCAD INC.


Date:  September 20, 2001                    By: /s/  JOY GODESIABOIS
       ------------------                       -------------------------------
                                             Name: Joy Godesiabois
                                             Title:  Chief Financial Officer




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                                  EXHIBIT INDEX




EXHIBIT
NUMBER        DESCRIPTION                                               PAGE
-------       -----------                                               ----
                                                                 
99.1          Press release of PlanetCAD dated September 19, 2001.        4

EX-99.1

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                                                                  EXHIBIT 99.1


PRESS RELEASE

FOR IMMEDIATE RELEASE:                                                     NEWS
                                                                      AMEX: PCD


          PLANETCAD CONTINUES AGGRESSIVE CORPORATE REALIGNMENT PROGRAM

           COMPANY SHARPENS FOCUS ON SUPPLY CHAIN MANAGEMENT SOLUTIONS
                AND WORKS TO SUBSTANTIALLY REDUCE CASH BURN RATE


BOULDER, COLO. -- SEPTEMBER 19, 2001 -- PlanetCAD, Inc. (AMEX: PCD), which
develops Cycle Time Reduction(TM) software solutions for the manufacturing
supply chain, today announced it has taken additional steps to realign the
Company's operational focus and corporate infrastructure and reduce its
expenses. As the Company moves closer to an exclusive focus on Cycle Time
Reduction products for the supply chain, it also has eliminated unrelated costs
and infrastructure. Most recently, the company reduced the size of its workforce
to approximately 30 people.

"This reduction in personnel, while difficult, is essential given the further
tightening of the manufacturing market simultaneous to our efforts to return the
Company to profitability," said Jim Bracking, president and CEO. "PlanetCAD has
undergone a major transition in its strategic focus in recent months, and
consequently, many of the previously staffed positions are no longer appropriate
or necessary within our business. We expect to recognize a significant reduction
in our expenses as a result of these and other cost-reduction efforts."

The workforce reduction eliminates non-essential positions in the Company's
senior management, marketing, development and support teams, which are primarily
located in the Company's Boulder, Colorado headquarters. Additionally, the
Company has reduced the amount of space it occupies in Boulder, and it will
begin subleasing its Boston, Massachusetts offices, as the Company's operations
there have been discontinued.

As part of its Cycle Time Reduction development programs, PlanetCAD recently
acquired eCAS(TM), a supply chain productivity technology developed by
Castalink. The eCAS technology is a portfolio of productivity modules that
address the supply chain automation needs of medium-sized manufacturers,
enabling streamlined procurement, sales and order processing between OEMs,
suppliers and customers. PlanetCAD is integrating this technology with existing
proprietary technologies for communication of high-quality engineering design
data throughout the supply chain.

Management said that all employees affected by the realignment will be offered
professional outsource counseling and severance provisions. The Company also
noted that the costs of these programs will impact third quarter financials
accordingly.

ABOUT PLANETCAD INC.

PlanetCAD, headquartered in Boulder, Colo., provides Cycle Time Reduction
solutions for the manufacturing supply chain. PlanetCAD's award-winning products
reduce cycles, costs and waste from design to manufacture by integrating
engineering data with supply chain transactions. PlanetCAD's current products
include the PrescientQA(TM) design-quality engineering software suite, which
reduces costly design errors, accelerates time-to-market, and improves the
product development process; and IntraVISION(R), which enables viewing, markup,
measuring and conversion of more than 300 file formats. For more information on
PlanetCAD or Cycle Time Reduction, visit www.planetcad.com, or call
888-319-0871.

Statements made in this news release that are not historical facts may be
forward-looking statements. Actual results may differ materially from those
projected in any forward-looking statement. There are a number of important
factors that could cause actual results to differ materially from those
anticipated by any forward-looking information. A description of risks and
uncertainties attendant to PlanetCAD and its industry, and other factors which
could affect PlanetCAD's financial



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results, are included in PlanetCAD's Securities and Exchange Commission filings,
including, but not limited to, PlanetCAD's annual report on Form 10-KSB for the
year ended December 31, 2000.

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PlanetCAD, eCAS, Cycle Time Reduction, PrescientQA, DriveQA, GeometryQA,
CertifyQA and AuditQA are trademarks of PlanetCAD Inc. DesignQA is a registered
trademark of PlanetCAD Inc. IntraVISION is a registered trademark of Spatial
Corp. All other products are trademarks of their respective owners.


FOR MORE INFORMATION, MEDIA ONLY:

Rachael Dalton-Taggart, PlanetCAD PR Director, (303) 209-9252

FOR MORE INFORMATION, FINANCIAL ANALYSTS ONLY:

Joy Sullins, CFO, PlanetCAD, (303) 209-9100