Givat Shmuel, Israel – June 15, 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 exhibit its latest Die Design solution at the Stanztec Die Making Tradeshow, Germany (Hall MSEG, Booth B02).
The Stanztec tradeshow, for the die making industry, will take place for the first time in Pforzheim, Germany starting June 16th. Participants at the exhibition will include die shops, machine tool builders, material providers and software solutions. Roeders, a leading machine tool builder, will also participate in the trade show as part of the Cimatron GmbH booth.
Latest Die Making Solutions
At the trade show, visitors will be able to see demonstrations of the latest Die Design solution which includes enhancements for progressive and transfer die making, as well as tool design, and the brand new CimatronE DieQuote Solution.
New enhancements to the Die Design solution increase automation, improve analysis capabilities, and handle changes across the entire die design process including forming, strip and tool design.
- Ability to pre-define parameters related to tool design and material used in order to further automate the tool design process.
- Improvements to dedicated applicative tools: The time-saving unbending capabilities have been enhanced to work in more situations including "unfold" and "L-Unbend", for unbending sharp corners.
- New piercing design functionality allows users to easily plan the piercing sequence of array of holes and create the suitable faces.
- Easy implementation of geometry changes in each of the forming shapes and stations across the project.
- A new die forces analysis tool which calculates the forces applied on the strip during production, allowing for a quick estimate of the required press capacity.
Cimatron GmbH will also be showcasing CimatronE's new DieQuote Solution, designed to allow die shop estimators to generate more accurate quotations in record time.
Roeders will present a new machining series that facilitates Jig Grinding and High Speed Cutting in one machine.
Stanztec is one of many events in which Roeders and Cimatron have worked together to present their complementary products. Past events in which Cimatron and Roeders have cooperated include a Roeders open house that took place last month in Italy, as well as several events in Germany during the last years. Cimatron and Roeders work together to achieve the most accurate, reliable results for customers who use their products together.
"We are privileged to participate in the first Stanztec trade show for die making," said Dirk Dombert, General Manager of Cimatron GmbH. "The dedicated solutions we have provided especially for die makers can speed up the process considerably and we are working with Machine Tool Builders, like Roeders, to make sure our solutions operate seamlessly with the most advanced machines available."
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 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