Givat Shmuel, Israel – April 13, 2010 – 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 its Japanese service provider Saeilo will showcase CimatronE 9.0 at the Intermold trade show in Osaka, Japan (Booth 6A-404).
CimatronE 9.0 uses all available cores when calculating NC procedures, greatly shortening programming times for rough, finish and cleanup operations. In internal tests, this capability resulted in calculations that were 28% shorter using dual core computers and 40% shorter for quad core computers.
Multicore functionality is completely under the user's control, and the NC programmer can choose to utilize all of the computer’s processing power, or to leave cores available for other software. Because CimatronE 9.0 can run at 64-bits, the system also makes full use of available RAM.
In addition to faster NC, CimatronE 9.0 also features substantial enhancements to mold and die design capabilities, with greater automation for mold making. CimatronE is a completely integrated CAD/CAM system facilitating a smooth, error free transition from design to NC.
A recent addition to CimatronE’s mold design capabilities is the introduction of the Moldex eXplorer, which analyzes the flow of plastic in the mold to help determine injection points. Moldex add-ons will also be displayed in Saeilo’s booth.
“Intermold is a great opportunity to present our multicore capabilities, and other design and NC enhancements, to the Japanese Market,” said Danny Haran, CEO of Cimatron. “Japan continues to be a key market for Cimatron; we are proud of our large customer base and very strong reputation in the country, and we are committed to continue supporting the Japanese industry with further innovations.”
Intermold will take place in Osaka from April 14th to 17th, 2010.
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's shares are 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 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 Exchange 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