Thursday, Nov 1, 2012 5:00 AM
Givat Shmuel, Israel – November 1, 2012 – Cimatron Limited (NASDAQ and TASE: CIMT) today announced that its integrated CAD/CAM software, CimatronE, will be demonstrated at the Jimtof trade show, Tokyo, Japan, November 1-6, 2012.
"We have been serving the Japanese market for many years and we appreciate Japanese toolmakers' demands for superior quality and perfection in the molds and dies that they produce," said Mr Kobi Rosenwasser, Cimatron's VP Asia Pacific.
"Dozens of Japanese toolmakers who use CimatronE every day have managed to dramatically reduce design and production time and achieve superior results relative to what they accomplished with other software.
"This is not surprising, as Cimatron makes huge investments in developing cutting-edge capabilities and functionalities that are specifically tailored to improving mold and die shop productivity."
The CimatronE display at Jimtof is hosted by resellers Saeilo and Camtus. Both demonstrate the complete solution offered by CimatronE for mold and die shops and discrete part manufacturers, covering all aspects of the production process, from quoting, data import and design, through NC programming and manufacturing.
CimatronE's capabilities include:
Quoting – generate quick and accurate quotes by automatically retrieving information from the preliminary design and merging it with cost information.
Mold Design – undertake the entire design process with dedicated functionality that includes: parting and cavity design; BOM creation; mold base plates; core, cavity and sliders; catalog parts; lifters and inserts; injection and cooling systems; runner simulation; and motion analysis and collision detection.
Electrodes – ensure an error-free burning process and create complete 2.5-5-axis electrode machining at the click of a button.
Die Design – optimize the die design process with dedicated tools for blank design and forming, die strip layout, tool design, motion analysis, and collision detection.
NC programming – enjoy quick and effective programming with capabilities such as: built-in CAD; efficient roughing and high quality finishing; plate machining and drilling; simulation; post-processor support; and NC setup and tool table reports.
With 30 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles and ultimately shorten product delivery time.
The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrode design, 2.5 to 5 Axis milling, wire EDM, turn, Mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.
Cimatron's shares are publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com
This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to Cimatron's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Cimatron's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycles, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties related to Cimatron's business, refer to Cimatron's filings with the Securities and Exchange Commission. Cimatron cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
For More Information Contact:
Idit Pass Lagziel
Phone: +972 73 237 0298
Chief Financial Officer
Phone: +972 73 237 2114