Leading CAD/CAM solutions to be presented at Metalloobrabotka trade show
Givat Shmuel, Israel – May 23, 2013 – Cimatron Limited (NASDAQ: CIMT) today announced that the latest versions of its signature software solutions, CimatronE 11 and GibbsCAM 2013, will be showcased at the Metalloobrabotka trade show in Moscow, May 27-31, 2013.
“For over two decades, Cimatron has been successfully serving the Russian aerospace, mechanical, and automotive industries,” said Mr Ira Bareket, Cimatron’s VP Sales and Marketing.
“Engineers who have admired CimatronE’s CAM programming capabilities from 2.5 Axis to 5 Axis, will now be impressed with the addition of our GibbsCAM product line, offering unparalleled programming power from the simplest lathe to the most sophisticated multi axis mill-turn machines.
“Mold and die designers will appreciate the latest advancements in CimatronE’s specialized CAD/CAM software for the design of molds and dies, enabling significant time savings in the design of any tool, no matter how complex.
“Visitors to Metalloobrabotka will have the opportunity to experience first-hand just how powerful CimatronE and GibbsCAM really are, with both products profiled by our local reseller Bee-Pitron.”
The Bee-Pitron booth (Pavilion 2, Hall 1, Booth 21D70) will showcase the new and enhanced capabilities in GibbsCAM 2013 and CimatronE 11.
GibbsCAM capabilities to be featured at Metalloobrabotka include those for mill-turn and multi-task machining (MTM). New features in GibbsCAM 2013 include a mill feature for assigning machining attributes to part features, improved surface flow, and enhanced lathe plunge roughing, as well as two new options, 5-Axis MultiBlade for turbomachinery parts and 5-Axis Porting for engine port and throttle body applications.
CimatronE capabilities to be showcased at Metalloobrabotka include those for mold and die design and NC programming, as well as for discrete production. Among the new and enhanced features of CimatronE 11 to be highlighted is the new ECO Manager, which offers highly effective identification and analysis, implementation and documentation of any number of engineering changes in an existing project.
In addition, CimatronE live machining demonstrations will be held at the booth of tool company TM-tech (Booth 1C60). CimatronE will power vertical milling machine Twinhorn VH-1010, and horizontal milling machine Twinhorn HF-380. Scaled parts to be machined using aluminum alloys include a boat, AK-47 assault rifle, and a forging die.
More information on CimatronE 11 can be found at http://launch.cimatron.com.
More information on GibbsCAM can be found at www.gibbscam.com.
With more than 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
CCG Investor Relations
Tel: (US) 1 646 201 9246