Givat Shmuel, Israel - March 15, 2007 - Cimatron Limited (NASDAQ: CIMT) announced the availability of a new application for the design of progressive dies, a task known to be complex and time-consuming, often requiring many iterations to complete. Cimatron’s DieDesign helps die makers produce quality designs in record time, enabling companies that use the application to win more business and carry out more profitable projects.
The new application is rich with die-specific functions, so designers no longer need to spend valuable time attempting to construct the unique features of a die using general-purpose CAD systems. The DieDesign application is tightly integrated with other parts of the CimatronE CAD/CAM product suite, streamlining the entire product cycle from quoting to manufacturing and the delivery of a complete die tool.
“Designing a die can be very complex and tedious,” says Danny Haran, Cimatron’s president and CEO. “In developing this application, we have worked closely with die makers to provide a solution that addresses their unique needs. Those that started working with the application have been quick to realize the tremendous advantages and time-savings offered by this breakthrough solution.”
Says Jay Weiner, Mechanical Engineer and IT Manager at CAM Tool & Die (Ontario, Canada) and one of the first users of the new application: “Cimatron’s new Progressive DieDesign application is highly powerful and flexible, with surfacing capabilities that are second to none. Being able to work in 3D from start to finish, we expect substantial productivity improvements. Weeks of work may be shortened into days.”
Industry analyst firm CIMdata, which reviewed the DieDesign application, described it as “intelligent, parametric, and associative.” The CIMdata report goes on to say: “The DieDesign application includes a combination of automation and hands-on control to offer speed, consistency, flexibility, and the ability to reduce trial-and-error iterations.”
The DieDesign application is easy and intuitive to use, enabling users to quickly accomplish the task at hand. The application features a set of task-specific toolbars that place the most commonly-used functions at the disposal of the user according to the task performed.
One of the most notable advantages of the new application is the ability to complete the strip design with unprecedented speed and accuracy--even the most complex strips can be completed in a matter of an hour or two, according to user reports. As a result, die makers are not only able to complete the project quicker, but also quickly assess the cost of the project and generate accurate and professional quotations.
Some of the many die-specific functions offered by CimatronE DieDesign include:
- Powerful geometric tools for bending, unbending, twisting, and other deformation operations
- One of the industry's fastest built-in Finite Element analysis engine for creating blanks
- Integrated Finite Element tools for thinning and safety zone analysis, helping users ensure the validity and quality of the design without leaving the application
- Hybrid environment offering the best advantages of both 2D and 3D capabilities
- Automated nesting for optimal strip layout and material utilization
- Comprehensive die tool design capabilities, including trimming and forming punch creation, catalog parts and configuration templates
- Powerful drafting options, including automated creation of Bill of Materials and Table of Holes
The DieDesign application is part of the CimatronE Version 8 release and is currently available from your local Cimatron office. Visit www.cimatron.com for the nearest Cimatron office and more details on Cimatron’s solutions.
|Forming Shapes and Strip Design
||Die Tool Design|
With more than 20,000 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. Cimatron’s cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.
Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron’s subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, please visit 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 the 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 cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company’s filings with the Securities and Exchanges 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:
Mrs. Idit Pass Lagziel
Phone: +972 3 5312098