Thursday, Sep 13, 2012 5:00 AM
Software's CAD/CAM features to be demonstrated at AsiaMold
Givat Shmuel, Israel – September 13, 2012 – Cimatron Limited (NASDAQ and TASE: CIMT) today announced that its acclaimed CimatronE solution will be demonstrated at the AsiaMold trade show in Guangzhou, China, September 19-21, 2012.
"AsiaMold offers tool shops a valuable opportunity to explore the many benefits offered by CimatronE in the design and manufacture of molds of outstanding quality in record time," said Ms Lang Yan, General Manager of Cimatron China.
"CimatronE has been powering Asian mold production in different industries for many years, with tool shops from across the region harnessing the range of capabilities offered by the software to enhance their productivity and competitive success. Many of our customers across China, for example, have reported an astounding 50% reduction or more in the time taken to design and manufacture molds, no matter their complexity."
CimatronE is an integrated CAD/CAM solution with full associativity across the manufacturing process, from quoting through design and delivery. Its offers: reliable data import and quoting; flawless parting; mold base creation; core, cavity and slider design; lifter and insert placement; ejection and cooling system creation; runner design; motion analysis and collision detection; and drafting.
CimatronE's NC programming capabilities include error-free electrode burning and manufacturing; CAD for NC functionality; efficient roughing; high quality finishing; 2.5–5-axis milling; plate machining and drilling; advanced micro-milling; simulation and post-processor support; and NC setup and tool table reports.
The Cimatron China display at AsiaMold will be at hall 1, booth #G01.
Also on display at the booth will be Cimatron's GibbsCAM solution for production manufacturing.
For more information on CimatronE, visit www.cimatrone.com
With 30 years of experience and more than 40,000 installations worldwide, 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 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
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 0114