Cimatron Technologies’ VP Sales to present, “Six mold design best practices”
Givat Shmuel, Israel – June 6, 2013 – Cimatron Limited (NASDAQ: CIMT) today announced that the latest version of its integrated CAD/CAM software, CimatronE 11, will be demonstrated at the Amerimold trade show in Rosemont, IL, June 12-13, 2013. The show will also feature a special presentation from Cimatron as part of the Amerimold “Knowledge Centers” program.
“Mold makers have been benefitting from Cimatron’s mold design and NC programming solutions for over 30 years and independent surveys indicate that our customers deliver molds in record time,” said Mr Bill Gibbs, Cimatron’s President North America.
“Our CimatronE CAD/CAM software is a very special solution, as it is specifically dedicated to mold quoting, mold design and NC programming of molds of any type and complexity.
“We are constantly engaging with mold shops across North America to ensure that we are familiar with the daily challenges they face and their changing needs. Our presentation at Amerimold builds on our expertise in this regard, focusing on key mold design strategies that shops can employ to improve their mold building operations and customer support.”
Entitled, “Six mold design best practices”, the special presentation will be held on the show floor from 1-2 pm on June 12 as part of the Amerimold “Knowledge Centers” program. The presenter will be Ralph Picklo, who has worked as a CNC programmer, plant manager, and Application Engineer, and is currently Cimatron Technologies’ VP Sales.
In addition to the presentation, the new and enhanced features of the CimatronE 11 software will be demonstrated at the show at the Cimatron booth (#410).
“Cimatron invests significant resources in developing tailored solutions to address mold shops’ needs and our CimatronE 11 software continues in this tradition, offering seamless, optimized mold design and NC programming across the board,” concluded Mr Gibbs.
More information on CimatronE 11 can be found at http://launch.cimatron.com.
With more than 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 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's shares are publicly traded on the NASDAQ under the symbol CIMT. For more information, 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 Cimatron’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 future performance and involve risks and uncertainties, many of which are beyond Cimatron’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 cycles, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. 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 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:
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