Software Offers a Major Productivity Booster for Mold MakersGIVAT SHMUEL, Israel, November 27, 2012 — (PRNewswire) —
Cimatron Limited (NASDAQ and TASE: CIMT) today announced that its leading integrated CAD/CAM solution, CimatronE, will be showcased at the EuroMold trade show in Frankfurt/Main, Germany, from November 27-30, 2012.
"German mold makers are known for constructing highly reliable and highly sophisticated molds that are used to manufacture some of the world's finest quality products," said Mr Dirk Dombert, Cimatron's General Manager for Germany.
"Producing the best molds while remaining competitive and profitable is an ongoing challenge faced daily by all of our customers, especially as the market keeps demanding shorter and shorter deliver times.
"We are very proud that many of the leading toolmakers in Germany have selected CimatronE to support their design and manufacturing process, and we are delighted to present in Euromold the latest innovations that our product has to offer."
CimatronE offers mold makers a range of major productivity efficiencies, including:
- Quoting efficiencies: A dedicated mold quoting application uses preliminary design data to create reliable quotes that reflect tool shop costs as accurately as possible.
- Streamlined mold design: In-built mold-specific capabilities ensure the most effective, accurate and quickest parting and mold tool design process, with tailored functionality for creating the core, cavity, sliders, lifters, inserts, ejection and cooling systems, and runners.
- Fast & efficient programming: The offloading of toolpath calculations, templates, analysis tools, and many other features ensure boosted productivity in NC programming and machining.
"We invite visitors to EuroMold to pop in to our booth for a hands-on demonstration of all that CimatronE has to offer," said Mr Dombert.
The CimatronE display at EuroMold with be at Hall 8, booth F70.
For more information on CimatronE, visit http://www.cimatrone.com.
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
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Chief Financial Officer
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SOURCE Cimatron Ltd