Givat Shmuel, Israel - November 3, 2008 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced that leading machine builders presenting at Japan’s International Machine Tool Fair (JIMTOF) are showcasing parts cut on their advanced machining solutions and programmed by Cimatron’s NC software.
OKK (Booth E5004) is demonstrating cutting of an aerospace joystick on a VP400-5XA machine, showcasing high velocity continuous 5-axis machining resulting in polish-free quality of a complex surface part.
Machine builder Roku-Roku (Booth E3019) is showing an electrode and golf club programmed by Cimatron and cut on the Roku-Roku MEGA-S high precision / high speed machining center. Cimatron’s advanced micro milling capabilities provide the accuracy required for producing these parts, with top surface quality of up to 0.19 Micron.
Visitors to the Mazak booth (E4013) can see a car light cut on the VCN410A-II high speed machine. Programmed with CimatronE NC, the part exhibits high surface quality with deep cavity mold that eliminates the need for using electrodes, drastically reducing machining cost and time.
Cimatron’s products, including the latest die design and NC applications, will also be on display at the Saeilo Japan Inc. booth (W0024).
With over 40,000 installations worldwide, Cimatron is a leading provider of CAD/CAM solutions for tool making and manufacturing. Cimatron’s NC solutions include powerful built-in CAD capabilities that help prepare the geometry for best machining results.
Cimatron NC 5-Axis Production supports positioning and continuous milling, providing full control over the tilt and lead angles as well as complete gouge and collision check. Touch-of-a-button 5-axis tilting solution is especially suitable for parts with deep cavities, narrow ribs, and tight corners, allowing the use of shorter and rigid tools for rapid machining and superb surface quality.
Cimatron’s 5-Axis solution includes a rich set of solutions to support streamlined 5-Axis machining of common applications such as impellers, turbine blades, electrodes, and engraving. To smooth the integration of the application into the 5-Axis manufacturing environment, an extensive selection of post-processors is provided by Cimatron.
“JIMTOF provides a unique opportunity to get a firsthand view of the latest machining technologies, including Cimatron’s advanced CAM capabilities,” said Danny Haran, Cimatron’s President and Chief Executive Officer. “Working closely with global leading machine vendors, we help leading tool makers and manufacturers produce high quality tools and parts while significantly shortening delivery times.”
The 2008 Japan’s International Machine Tool Fair is taking place October 30 to November 4 at the Tokyo Big Sight international exhibition center. Registration and additional details are available at http://www.jimtof.org/eng/index.html.
With over 25 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, 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 is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company 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 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
+972 50 762 6215