Wednesday, Dec 22, 2010 4:00 AM
Novi, MI – December 22 2010 - Cimatron Technologies Inc., a subsidiary of Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced today that the recording of the webinar "Automating the Mold Design Process" is available at www.toolingtimes.com/mold-design.html
In the December 2010 webinar, Dan Branch, manager of technical support at Cimatron Technologies Inc ("CTI"), took participants through the automated mold design process from scratch. The webinar demonstrated how CimatronE's large selection of automated applicative tools speeds up the mold design process while ensuring the user maintains complete control and flexibility.
The webinar started with the import of a non-watertight solid part, demonstrating CimatronE's ability to start the mold design immediately on less-than-perfect parts; even though the system identified gaps in several areas, no time was wasted mending and closing the part.
Participants could see how CimatronE allows users to quickly establish parting directions and parting surfaces, followed by the creation of cooling systems, ejectors, runners, and lifters. The webinar highlighted additional time savings enabled by streamlined integration of supplier catalog parts, as well as the ability to automate the creation of pockets in the surrounding plates.
Finally, after creating the basis for the mold, the webinar showed how the full associativity of CimatronE Mold Design allowed an Engineering Change Order (ECO) to be handled quickly and effectively, including the preview of a new ECO Documentation Tool that allows users to keep track of all changes.
"In today's market, toolmakers are under pressure to offer high quality products at very competitive prices," said Ralph Picklo, VP Sales at CTI. "CimatronE helps leading toolmakers to achieve these goals by upgrading the quoting process, shortening overall delivery times and reducing costs, while ensuring high quality design."
The webinar is available from the website of CTI's "Tooling Times" newsletter www.toolingtimes.com/mold-design.html
With over 25 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, enable collaboration with outside vendors, and ultimately shorten product delivery time.
The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes 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 the Company'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 the Company'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 the Company'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 the Company's business, refer to the Company's filings with the Securities and Exchange Commission. The Company 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 73-2370298
Chief Financial Officer
Phone: +972 73-2370260