Givat Shmuel, Israel, – October 16, 2006– Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced that it will offer EuroMold 2006 participants a preview of CimatronE Version 8.0. The newest version of the company's veteran CAD/CAM suite features advanced functionality to further smooth tool design and part manufacturing processes – helping lower overhead and time-to-delivery, while raising productivity.
Cimatron will provide a preview of V8.0 in the upcoming EuroMold 2006 world fair for moldmaking and tooling design and application development, which will be held from November 29 to December 2 in Frankfurt, Germany. One of the industry's most prestigious events since its inception in 1994, EuroMold 2006 features over 1700 exhibitors, and will host over 60,000 decision makers, purchasing managers, and industry analysts from Europe and abroad.
New in CimatronE V8.0
Already renowned for delivering faster time to market with high-level quality, the new version of CimatronE will deliver even greater power to tool designers and NC programmers. Notable additions to the package include:
- The industry's first integral Progressive Die Design solution - combining the capabilities of multiple CAD/CAM systems and analysis tools
- Dramatically enhanced support for large and complex mega-molds
- Rich 5-axis NC functionality including built-in roughing and finishing strategies, automatic collision protection and a host of dedicated applications – all included in the product.
- Unique NC Preview utility calculating procedure results within seconds
- Advanced, automated end-to-end EDM setup and programming
"We created CimatronE V8.0 to give toolmakers the power to remain productive and profitable in an increasingly competitive arena," said Mr. Dirk Dombert, General Manager of Cimatron GmbH. "What better place to offer toolmakers a glimpse of the future of CAD/CAM software than EuroMold? As a member of EuroMold advisory board, we fully appreciate the importance of the pan-European event, and look forward to sharing our vision of the industry with both existing and new customers and partners at the event.”
Visit Cimatron at EuroMold, Nov. 29 – Dec. 2, 2006
Hall 6, B105-B115
Download hi. res. images (ZIP-files) by clicking thumbs below.
CimatronE DieDesign Application
CimatronE NC Preview
Cimatron is a leading provider of integrated, CAD/CAM solutions for toolmaking and manufacturing. Cimatron is committed to providing mold, tool and die makers with comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time. With more than 20,000 installations worldwide, Cimatron's customers employ its cutting-edge CAD/CAM solutions for manufacturing in the automotive, 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:
Idit Pass Lagziel