Givat Shmuel, Israel – June 3, 2009 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced that Gibbs and Associates, developer of GibbsCAM®, its software for programming CNC machine tools, participated in the Open House of the Machine Tool distributor for Nakamura-Tome and Matsuura in Italy.
Microsystem, a Cimatron subsidiary in Italy, presented both of Cimatron's product lines -- GibbsCAM and CimatronE -- at an Open House organized by IMU, reseller of Matsuura and Nakamura-Tome machines in Italy. Microsystem has worked with IMU to provide maximum compatibility, superior customer service and sales coordination. The four day open house, which took place in Reggio Emilia, began May 20th.
At the Open House, GibbsCAM 2009 was displayed alongside machines for which it has developed accurate, reliable post processors, highlighting its advanced multi-axis and multitasking (MTM) capabilities.
GibbsCAM powered a Matsuura MAM 72-25V machine, showing advanced 5-Axis capabilities and a Nakamura-Tome Super Mill WY 250 MTM machine which utilizes twin spindles and turrets.
The top cover of a turbine was produced live using the Matsuura machine, showing complex 5-Axis cutting.
The Nakamura-Tome machine was featured in a simulation of the turning and milling of a part specially designed for the open house, to demonstrate GibbsCAM's advanced MTM capabilities. GibbsCAM is one of the only solutions on the market powerful enough to successfully program MTM machines with multiple spindles and turrets. The advanced GibbsCAM simulator ensures that machining is safe, gouge free and collision free.
"We value the opportunity to show that GibbsCAM is not just powerful on a computer screen, it’s even more powerful when the tool hits metal and you reap the rewards of advanced multi axis and multitasking (MTM) programming", said Robb Weinstein, Senior Vice President of Sales and Strategic Planning at Gibbs. "GibbsCAM is one of very few CAM solutions that can leverage the full capacity for productivity of the newest machines, making it an essential tool for manufacturers."
In addition, the new version of CimatronE was displayed next to a 5 Axis Matsuura 72-42V mold making machine. CimatronE and the Matsuura 72-42V are excellent complementary solutions that support mold makers requirements.
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/
Microsystem is Cimatron’s Italian subsidiary and a well-established distributor of software solutions for the Italian manufacturing industry. Microsystem started distributing CAD/CAM systems in 1984, subsequently broadening its offering to cover all phases of the design and manufacturing cycle. With headquarters in Bologna and offices in Milan, Treviso and Ancona, Microsystem provides customers with best-in-class manufacturing solutions and superior technical support.
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