Givat Shmuel, Israel - November 6, 2007 – Visitors to the upcoming Euromold trade fair will be able to see Cimatron’s (NASDAQ: CIMT) suite of integrated CAD/CAM solutions that are proven to help mold makers deliver higher quality tools at lower costs and shorter cycle times.
Cimatron’s CAD/CAM solutions address the entire mold making process—from quoting to design, engineering changes, NC and EDM programming. A recent independent study by the Aberdeen Group confirms that Cimatron customers are able to provide significantly faster delivery times than those offered by the rest of the industry. “Cimatron continues to focus on the requirements of tool makers and manufacturers,” said Danny Haran, Cimatron’s CEO and President. “Our biggest reward is seeing our customers perform at the top of their industry.”
Mold makers around the world have been quick to realize the benefits of using Cimatron’s integrated solutions: “We can now construct the mold and complete the mold assembly 30% faster than before,” said a senior mold designer at Junker & Halverscheid (Germany). “Cimatron speaks the language of mold builders,” added Rüdiger Gössling, in charge of mold engineering at Junker & Halverscheid.
“We are excited for the opportunity to meet the industry’s forward-thinkers at the Euromold event,” said Dirk Dombert, General Manager of Cimatron GmbH. “With growing pressures to step-up product quality and shorten delivery times, mold makers need solutions that have the functionality to meet their specific needs.”
Designed to address the unique challenges faced by the industry today, Cimatron’s CAD/CAM solutions provide mold makers with:
- An integrated solution that addresses the entire mold making process—from quoting to design, applying engineering changes, NC and EDM programming.
- A dedicated mold design solution that enables the entire design work to be completed in a single environment.
- A flexible hybrid environment that allows design in both 2D and 3D, using surface or solid operations to best match the needs of each task at hand.
- The ideal mix of automation and user control—saving time with high level of automation while empowering the experienced user to be in command of the process.
- A complete range of NC technologies to get any job done—from simple 2.5-axis milling and drilling to complex 5-axis machining and micro milling.
Visit Cimatron at Euromold, December 5-8, 2007
Hall 6, Stand C85
For more information about Euromold, visit www.euromold.com.
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.
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 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:
Idit Pass Lagziel
Phone: +972 3 5312098
Chief Financial Officer
Phone: +972 3 531 2121
Phone: +972 3 611 4466