Software offers streamlined die design, enhanced flexibility & major time savings
Givat Shmuel, Israel – October 24, 2013 – Cimatron Limited (NASDAQ: CIMT) will be showcasing the new die design features in CimatronE 11, the latest version of its acclaimed integrated CAD/CAM software solution, at Blechexpo in Stuttgart, Germany, November 5-8, 2013.
“German tool shops are renowned for producing dies of exceptionally high quality, and Cimatron is pleased to assist these shops in meeting their exacting needs,” said Mr. Dirk Dombert, Cimatron Group’s General Manager for Germany.
“The new CimatronE 11 in particular offers unprecedented benefits to tool shops by minimizing die design time and costs, while maximizing die quality. The built-in die design solution is both flexible and intuitive, providing shops with all the tools that they require to successfully design and program all types of dies and all types of jobs, no-matter how complex.”
The major new features for die design in CimatronE 11 include:
• Flexible layout design for progressive and transfer dies: A new, combined environment for the layout design for both progressive and transfer dies provides users with a more simplified and streamlined design process, enhanced flexibility, and a reduced learning curve for new users.
• New die tool environment: A separate die tool design environment maximizes the ability for several designers to work on different parts and stages of a project concurrently, thereby helping to reduce overall design time.
• Material utilization and nesting: A new material utilization and nesting tool for transfer dies helps ensure the optimal use of the raw material, providing shops with valuable cost savings.
• Springback analysis & deform: A new springback analysis tool minimizes the need for the costly and time-consuming iterative process of design, tool manufacture, and trial on the shop-floor.
“These features represent the cutting-edge of die design technology and I encourage tool shops to visit our booth at Blechexpo or to contact their local Cimatron office for a live demonstration,” said Mr. Dombert.
The Cimatron display at Blechexpo will be in hall 4, booth #4105.
For further information about CimatronE 11, visit http://launch.cimatron.com
With over 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 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