Givat Shmuel, Israel – March 27, 2013 – Cimatron Limited (NASDAQ and TASE: CIMT) today announced the official release of CimatronE 11, the newest version of its integrated CAD/CAM software solution.
“CimatronE 11 contains all that a tool shop needs to dramatically ramp up its productivity,” said Mr Ira Bareket, Cimatron’s VP Sales and Marketing.
“Existing CimatronE customers will benefit from the software’s additional capabilities, new analysis tools, automations, and advanced processes and technologies.
“Those shops that do not yet use CimatronE will be amazed by the range of powerful mold- and die-specific tools and the way in which these can be employed to improve overall shop performance, enhance product quality, and minimize costs.”
Key productivity improvements offered by the new version include:
- Fast and effective CAD for tooling
The new Wall Thickness Analysis tool ensures early detection of product integrity issues. The Assembly Mirror tool enables rapid mirroring of assemblies. New modeling features in solid and faces allow for faster work and greater flexibility. With enhanced drafting tools, drawings can be created quickly and there is easier manipulation of view and dimension positions.
- Seamless, optimized mold design
The new ECO Manager offers highly effective assessment and seamless incorporation of any number of engineering changes in an existing project. New tools enable the rapid creation of internal parting surfaces and lifter pockets, as well as the design and analysis of cooling channels.
- Flexible and intuitive die design
A new user-friendly die design environment enables flexible die creation and concurrent work by several designers. A new nesting tool ensures optimized material usage for transfer dies. The new Springback Analysis tool reduces the need for costly and time-consuming shop-floor iterations.
- Superior results with new machining strategies
Enhanced programming automation and new capabilities are now available in finish and rough, as well as ultra high volume material removal with VoluMill. In automated drilling there is improved collision and gouge prevention and more flexible and powerful sequences, and full control can be exercised over all gun drilling sequences.
- Quick and efficient NC programming
New capabilities ensure programming efficiency, template improvements offer greater automation, and NC on Assembly provides enhanced control over imported components. A new material removal simulator offers highly accurate results.
- Superior fast electrode design and manufacturing
Greater centralized control over visibility, as well as automatic coloring and finish automation, ensure the design and creation of electrodes in record time.
Further information on CimatronE 11’s many new features can be seen at http://launch.cimatron.com
With 30 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM software 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 and ultimately shorten product delivery time.
The Cimatron product line includes the CimatronE and GibbsCAM brands with software solutions for mold design, die design, electrode design, 2.5 to 5 Axis 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's shares are publicly traded on the NASDAQ exchange and the Tel Aviv Stock Exchange under the symbol CIMT. For more information, please visit Cimatron’s web site at: 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, regarding the proposed public offering. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated. Such statements relate to, among other things, the satisfaction of the conditions to closing of the offering, market conditions, and risks related to Cimatron’s plans, objectives and expected financial and operating results. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Cimatron’s ability to control. For more details about the risks and uncertainties related to Cimatron’s business, refer to Cimatron’s filings with the Securities and Exchange Commission. 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:
Chief Financial Officer
Phone: +972 73 237 0114
Idit Pass Lagziel
Phone: +972 73 237 0298
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) 1 646 201 9246