Givat Shmuel, Israel – March 18th, 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 it will showcase CimatronE 9.0 and GibbsCAM 2010 at DieMould, March 18th-21st, in Mumbai, India.
CimatronE will power two Bharat Fritz Werner (BFW) machines, the DMV500 and the BMV35, in live high speed cuttings. A die core and cavity will be machined using a smooth High Speed Machining (HSM) toolpath. CimatronE allows users to choose from a wide range of strategies which work optimally with HSM machines, ensuring effective machining and a high surface quality, and protecting tools and machines from damage. The live cutting will take place in BFW’s booth.
A smooth HSM finishing toolpath for the cavity of a forming die. This component will be cut at high speed with a BFW machine at DieMould 2010, India.
Cimatron’s two product lines, CimatronE, with full solutions for mold and die making, and GibbsCAM, for production, will be on display in Cimatron India’s booth. GibbsCAM 2010 has just been released with enhancements that significantly speed up plunge milling, and other enhancements for 2.5-5 Axis milling, turning and Multi-Task Machining (MTM). CimatronE’s new Moldex add-on, which analyzes the flow of plastic and helps to position entry points, will also be displayed.
“Thanks to our collaboration with BFW, DieMould visitors can try out our software and witness the high quality results it achieves, at the same time,” said Edsel Vaz, Country Manager of Cimatron India. “At Cimatron, we are committed to providing effective, accurate post processing and machine simulation for any machine; BFW is an example of an Indian Machine Tool Builder whose machines can be reliably programmed by CimatronE with great results.”
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 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