Givat Shmuel, Israel – November 24, 2009 – Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced that it will exhibit its latest Die Design solution at the BLECHEXPO Die Making Tradeshow in Germany (Hall 4, Booth 4208-1), December 1-4, 2009.
New enhancements to the Die Design solution increase automation, improve analysis capabilities, and handle changes across the entire die design process including forming, strip and tool design.
• Ability to pre-define parameters related to tool design and material used in order to further automate the tool design process.
• Improvements to dedicated applicative tools: The time-saving unbending capabilities have been enhanced to work in more situations including "unfold" and "L-Unbend", for unbending sharp corners.
• New piercing design functionality allows users to easily plan the piercing sequence of array of holes and create the suitable faces.
• Easy implementation of geometry changes in each of the forming shapes and stations across the project.
• A new die forces analysis tool which calculates the forces applied on the strip during production, allowing for a quick estimate of the required press capacity.
Cimatron GmbH will also be showcasing CimatronE's new DieQuote Solution, a new breakthrough solution which helps die shop estimators reach a higher level of accuracy in record time.
CimatronE DieQuote is a "CAD to Cost" solution, which means it interprets CAD work to generate a cost estimate automatically. The die shop estimator can use CimatronE's advanced hybrid system, along with tools tailored to die making needs, to lay out the project quickly by only performing tasks necessary for creating a quote. All cost related factors established in the preliminary design are automatically interpreted into a cost estimate, which can then be fine-tuned by a die shop professional.
The solution includes a full range of quoting management features allowing users to re-use past quotes, track all job offers and easily store a wide range of cost-relevant information. Finalized price estimates are converted into ready-to-send, eye-catching, professional quotes.
“We look forward to showing visitors the competitive edge they can achieve by using CimatronE’s dedicated 3D die making solution,” said Dirk Dombert, General Manager of Cimatron GmbH. “Design features like accurate blanking capabilities and advanced analysis tools, as well as many tool design features, significantly increase accuracy and shorten delivery times.”
With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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, enable collaboration with outside vendors, 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 is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: 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
Phone: +972 3 5312098
Chief Financial Officer
Phone: +972 3 531 2121