Software on show in March in Mexico, Canada & the USA
Givat Shmuel, Israel – March 5, 2014 – Cimatron Limited (NASDAQ: CIMT) today announced that its acclaimed integrated CAD/CAM software solution for mold and die makers, CimatronE, will be demonstrated at trade shows in Mexico and North America during March 2014.
Cimatron’s expansion in the Mexican manufacturing field reveals increasing customer satisfaction, with positive feedback received from many local shops.
Mr Denis Sargis of TDS Tool Tech, based in Puebla, recently credited CimatronE software as “driving our ability to deliver our molds and fixtures to our customers on time”. As an integrated solution “CimatronE provides us with streamlined communication and workflow between our designers and programmers,” and the tooling-specific capabilities “have allowed us to build molds as rapidly as possible with all the necessary components to ensure high quality part creation”.
CimatronE will be demonstrated in Monterrey, Mexico, at Expo Manufactura, March 4-6, booth 1351. On show will be CimatronE’s mold design and programming capabilities.
CimatronE will also be showcased at two events in North America during March:
• Fabtech Canada, March 18-20, Toronto, booth 1038. CimatronE’s die design and programming capabilities will be demonstrated at the event.
• Plastec New England, March 26-27, Boston, USA, booth 403. CimatronE’s mold solution and Moldex 3D will be showcased.
Cimatron’s mold design software offers a single integrated solution for the design and programming of high quality molds. It includes purpose-built tools for all aspects of the mold design process: data import, quoting, parting, mold tool design, drafting, electrode, and NC programming.
Cimatron’s die design solution enables the design and programming of dies of any complexity and size. It includes dedicated tools for reliable data import, quoting, blank design and forming, strip layout design, die tool design, drafting, NC programming, and Wire EDM.
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 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
GK Investor Relations
Tel: (US) 1 646 201 9246