Introduces Personal Student Edition to Support Classrooms Worldwide – Announces New Student Store for Direct Purchase & Download
MOORPARK, CA – November 27, 2012 – Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, announced today the introduction of the GibbsCAM Student Edition, concurrent with the introduction of a new on-line Student Store.
The Student Edition, which complements the GibbsCAM Classroom Edition, is available immediately to NC programming or machining students of high schools, technical schools, colleges and universities already using GibbsCAM in their curricula. Fully compatible with the Classroom Edition, the Student Edition is available for direct purchase and immediate download at the new GibbsCAM Student Store – US$100.00 for a calendar-year license – to students enrolled in a qualified curriculum.
"The introduction of a GibbsCAM Student Edition addresses the growing need and pent-up student demand for GibbsCAM licenses that can be used outside the classroom," said Robb Weinstein, Senior Vice President of Sales and Strategic Planning of Gibbs and Associates, a Cimatron Group subsidiary.
"Given GibbsCAM's de-facto standing as the leader in ease of learning, ease of use, and range of capability, we are happy to offer future engineers, machinists and NC programmers an additional, more convenient, and very economical opportunity to experiment, learn and practice, at their convenience, unconstrained by the duration of a class period. As a result, the Student Edition augments classroom instruction and helps educational facilities better prepare their students for industry."
There are many high schools, technical schools, colleges and universities already using the GibbsCAM Classroom Edition around the globe, including Purdue University's Colleges of Engineering and Technology, which use GibbsCAM throughout their Indiana campuses; Nash Community College, in Rocky Mount, North Carolina; Georgia Institute of Technology (Georgia Tech, in Atlanta), Northern Alberta Institute of Technology (NAIT) in Edmonton, Alberta, Canada, KTH Stockholm University/ITM-DMMS in Stockholm, Sweden, NTNU Institute for Produksj. & Kval.tekn in Trondheim, Norway; and the Académie de Strasbourg in Strasbourg, France.
The Student Edition of GibbsCAM enables students to learn and practice NC programming, and gain familiarity with common configurations of CNC machine tools, on their home-based PCs. It includes solid modeling, 3D milling and turning, and polar and cylindrical (rotary), plus machine simulation and the ability to read ACIS and SAT files, such as SolidWorks and AutoDesk Inventor. Integral to GibbsCAM is its toolpath verification capability, Cut Part Rendering, which provides additional value to students, as it is a highly precise verification and diagnostic tool. The GibbsCAM Educational Editions (both Classroom and Student) enable educators and students to prepare themselves to address the shortage of NC programmers in industry.
About Gibbs and Associates and GibbsCAM
For 30 years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support that successful customers require.
The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM is Compatible with Windows 7 and Certified for Windows Vista. GibbsCAM's data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Program, is a Siemens Solution Partner Program-PLM for Solid Edge product, and is a SolidWorks Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, and Tornos. Gibbs and Associates distributes its products worldwide through a network of international Resellers.
In January 2008, Gibbs and Associates merged with Cimatron Ltd., and is now operating as a wholly owned subsidiary. For more information about Gibbs and Associates and its CAM software packages, visit its web site (www.GibbsCAM.com) or call 1-800-654-9399 (outside of North America, call +1-805-523-0004).
With 30 years of experience and more than 40,000 installations worldwide, Cimatron Ltd., or Cimatron, is a leading provider of integrated, CAD/CAM software 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 and the Tel Aviv Stock Exchange under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com.
The Gibbs logo, GibbsCAM, GibbsCAM logo, Virtual Gibbs, and "Powerfully Simple. Simply Powerful." are either trademark(s) or registered trademark(s) of Gibbs and Associates in the United States and/or other countries. Microsoft, Windows and the Windows logo are trademarks of the Microsoft group of companies. Autodesk, Autodesk Inventor, and Inventor are registered trademarks or trademarks of Autodesk, Inc., in the USA and/or other countries. All other brand or product names are trademarks or registered trademarks of their respective owners.
Safe Harbor Statement
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 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 Gibbs and Associates or 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 its 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. Gibbs and Associates and Cimatron undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
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