Givat Shmuel, Israel – May 5, 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 the latest versions of both of its product lines, GibbsCAM 2010 and CimatronE 9.0, will be demonstrated at the Metaltech tradeshow in Malaysia.
Enhancements to the latest version of CimatronE include increased automation for mold design, a quoting application for die design and added flexibility in 5-Axis and High Speed Machining strategies. CimatronE now operates at 64-bits, making full use of available memory and allowing it to handle larger, more complex parts.
The new version of GibbsCAM includes major enhancements to 5-Axis Milling and 3D solids machining, as well as new plunge roughing. GibbsCAM 2010 is fully compatible with Windows 7 and can operate at 64 bits, allowing users to make full use of RAM and program larger, more complex parts.
GibbsCAM 2010 also features VoluMill; VoluMill high speed roughing maximizes material removal rate and steadies tool load, reducing cycle times and extending tool life. VoluMill works on all solid, surface, and wireframe models, and any combination of part and stock boundaries. It supports an unlimited number of islands, tapered walls, variable pocket depths, and variable island heights.
In addition, those who work with both of Cimatron Group’s product lines will now be able to transfer parts from CimatronE to GibbsCAM in one easy click.
CimatronE will be displayed in Saeilo’s booth (Hall 3, Booth 3485) and in MyGrowTech’s booth (Hall 2, Booth 2057). The GibbsCAM product line will be showcased in MyGrowTech’s booth.
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 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 related to the Company's 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