Wednesday, Mar 2, 2011 4:00 AM
Givat Shmuel, Israel – March 02, 2011 – Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced that it will showcase the new version of CimatronE at the INTEC Trade Fair (hall 1 stand G01) March 1-4 2011 in Leipzig, Germany.
Version 10.0 of CimatronE contains over 150 major enhancements and new functionality for mold makers, die makers and manufacturers in the areas of Quoting, Tool Design, Drafting, Electrode Creation and NC Programming. The latest enhancements provide extensive competitive benefits for toolmakers, in a single integrated solution.
CAD enhancements provide stronger, more powerful capabilities, including a new built-in Motion Simulator, which specializes in tooling and provides an advanced, event based analysis of kinematics. Die makers will enjoy an easier, more intuitive strip design process and greater automation for tool design. Mold designers will find that handling changes is simpler, with more powerful ECO analysis and implementation.
CAM enhancements dramatically increase programming productivity, with background calculations and enhanced multi-core processing. Machining times are reduced, with significant upgrades to rough and cleanup strategies, and there's a new helical finish strategy.
Cimatron GmbH will partner with DCAM GmbH at the show. DCAM's flagship product is DCAMCUT, an optimum Wire EDM CAD/CAM solution for the mold and die industry that can operate as part of the CimatronE manufacturing process. DCAMCUT creates safe and securely directed wire EDM programs on solid and surface models. The product will be previewed in the Cimatron booth.
Cimatron GmbH will also showcase the latest version of GibbsCAM (marketed as virtual Gibbs in Germany). GibbsCAM, the CAM industry's recognized ease-of-use leader, offers simple to use, yet extremely powerful, solutions for programming CNC machine tools. The GibbsCAM product family supports the full range of metal cutting machine tools, from basic milling and turning centers to rotary tables, to 3- and 5-axis simultaneous milling machines, complex multi-task machining machine tools to Wire-EDM devices.
"We're excited to show the new enhancements to CimatronE 10.0," said Dirk Dombert, General Manager of Cimatron GmbH. "All of our customers will benefit from these enhancements. Mold designers and die designers will appreciate the new motion simulation, as well as a host of new CAD capabilities and increased automation. NC programmers will be pleased with background calculation, as well as other new enhancements and significant improvements to existing features".
With over 28 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, 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