Givat Shmuel, Israel – February 23, 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 showcase the newest versions of GibbsCAM (marketed as Virtual Gibbs in Germany) and CimatronE, at the INTEC Trade Fair (hall 1 stand I11) that will take place from the 24th to the 27th February 2009 in Leipzig, Germany.
The 2009 edition of Virtual Gibbs was released at the end of last year and contains significant enhancements to milling and turning capabilities - all contributing to major productivity gains. Version 9.0 of CimatronE will be released in the spring and contains over 200 major enhancements and new functionality for mold makers, die makers and manufacturers in the areas of Quoting, Tool Design, Drafting, Electrode Creation and NC Programming.
"In these challenging economic times, increasing productivity is essential," said Dirk Dombert, General Manager of Cimatron Group Germany." Our new software solutions allow our customers to produce accurate, high-quality results in shorter times. Both CimatronE and Virtual Gibbs solutions help our customers stay in business, win jobs and remain competitive, even in challenging times.”
Virtual Gibbs solutions provide a broad range of CNC programming capabilities for milling, turning, mill-turn, rotary milling, tombstone fixture, wire-EDM, and multi-turret/multi spindle machining.
Enhancements to Virtual Gibbs include advanced 3D, high speed machining capabilities. These were specifically developed for multi-surface hard milling and high speed machining in SolidSurfacer®. They provide high quality surface finishes reducing or eliminating polishing. Other milling enhancements include holder collision control, a mechanism which takes into account the holder or tool length when generating a tool path.
In turning technology, Virtual Gibbs 2009 presents extensive new lathe features. Developed to take advantage of the newer high-tech cutting tools to turn harder materials and to machine smoother surfaces, these provide greater efficiency through increased tool control. Included are advanced entries and exits, entry feed rates, enhanced no-drag, clean-up pass, multi-pass plunge roughing, notch ramp roughing, offset contour and tool edge path contour, threading entry and tapping tools, and groove-tool deflection compensation.
The CimatonE solution suite provides integrated CAD/CAM solutions for mold, tool, and die makers, as well as manufacturers of discrete parts. CimatronE solutions streamline the entire design to manufacturing cycle, enabling tool makers and manufacturers to shorten product delivery time.
Version 9.0 of CimatronE contains over 200 enhancements across all modules that are available separately or as a complete integrated suite. Mold makers will benefit from Cimatron’s wining concept of Flexible Automation, featuring greater mold design automation with maximum user control. They will also enjoy a new application for defining electrode measuring points and probe path. Die Makers will enjoy enhancements to the Progressive Die application as well as a brand new Transfer Die application. A new DieQuote Generator facilitates the speedy generation of professionally looking quotes.
The new Product Manufacturing Information (PMI) tool allows users of CimatronE to add notes to all designs. User-inserted information as well as PMI data from imported files is available throughout the manufacturing process, from design to machining.
The 12th Annual INTEC Trade Fair for manufacturing, tool and special-purpose machine construction will take place from the 24th to the 27th February 2009 in Leipzig, Germany.
INTEC stands for a representative and innovative high-tech range of product engineering, focusing on machine tools and special machine manufacturing. It offers the best opportunity for industrial professionals to talk with their colleagues and meet face to face with new and familiar suppliers. Professionals from maintenance, corporate management, marketing, operations management, engineering management, production, design engineering, research & development, plant manager, machine operator, quality control, purchasing and welding operators are the target visitors.
Exhibitors will include tool machines, plate, wire and tube processing machines, presses and forming technology, mechatronical systems for product engineering, Automation and robotics, Electro-technology, industrial electronics, sensor technology, measurement & test engineering, quality management systems, drive engineering, hydraulic systems, material handling and warehousing, Cooling lubricants, IT solutions for product engineering, process automation.
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 Virtual Gibbs 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
Phone: +972 3 611 4466
+972 50 762 6215