GIVAT SHMUEL, Israel,
March 28, 2012 /PRNewswire/ --
Cimatron Limited (NASDAQ and TASE: CIMT) will be marking 30
years of CAD/CAM leadership and showcasing its current software
offerings at the forthcoming Eurostampi trade show in Italy.
"Cimatron's software solutions have played an integral role in
Italian manufacturing since the 1980s when CAD/CAM technology was
still in its infancy," said Mr Gianluca
Renzi, CEO of Microsystem, Cimatron's Italian
subsidiary.
"Our many customers across the country have been benefiting from
our innovative CAD/CAM solutions over these many years, and
continue to achieve an impressive array of results with our current
product offerings, CimatronE and GibbsCAM.
"These two products not only meet manufacturers' evolving
CAD/CAM needs, but also serve as business accelerators, offering
manufacturers a wealth of strategies and functionalities that can
increase productivity, enhance product quality, and reduce
costs."
CimatronE is an integrated CAD/CAM software that can perform the
full range of tasks needed in mold and die making and in the
creation of discrete parts. Capabilities include: reliable data
import; a quote generator; a variety of applicative tools for the
design of the mold, die or part, and the tool; electrode creation;
NC programming (including background toolpath calculation);
2.5-5-axis milling; and Wire EDM.
GibbsCAM offers solutions for machining that include 2-5-axis
milling, turning, mill/turn, rotary milling, high speed machining,
Swiss, wire EDM, tombstone machining and multi-task machining. Key
functionalities of the latest GibbsCAM version include automatic
color and hole feature recognition; 5-Axis drill cycle options;
support for 5-Axis tilting live tooling (B-axis) on lathes and
multi-task machines; and HSM capabilities, such as plunge roughing
and VoluMill.
"Join us at our booth at Eurostampi in celebrating these 30
years of achievement, and for an opportunity to experience
first-hand the latest and greatest in CAD/CAM innovation," said Mr
Renzi.
The Cimatron booth will be in Hall 6, Booth K37.
About Cimatron
With 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 exchange and
the Tel Aviv Stock Exchange under the symbol CIMT. For more
information, please visit Cimatron's 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 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:
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
Email: iditp@cimatron.com
Ilan Erez
Chief Financial Officer
Cimatron Ltd.
Phone: +972-73-237-0114
Email: ilane@cimatron.com
SOURCE Cimatron Ltd