Givat Shmuel, Israel – June 22, 2011 – Cimatron Limited (NASDAQ and TASE: CIMT) announced today that its reseller Saeilo Japan will demonstrate the latest CimatronE CAD/CAM suite at the Design Engineering & Manufacturing Solutions Expo (DMS), highlighting new capabilities including background calculations, motion simulation and PMI enhancements.
CimatronE is a CAD/CAM software solution for mold, tool and die makers as well as manufacturers of discrete parts that covers the entire manufacturing process from quoting to delivery.
The newest version of CimatronE (version 10) introduces powerful enhancements for mold makers, die makers, and manufacturers, providing exceptional value for current customers as well as extensive competitive benefits for new customers in a single integrated solution. The new version delivers new functionality and improvements across the entire CimatronE suite, in the areas of quoting, tool design, drawing, and NC programming.
The release of CimatronE 10 will introduce background calculations. This means that there will be no need to wait for toolpath processing to finish, as users will be able to continue normal work on a project while the computer calculates procedures in the background.
As a result of this capability, users will experience an immediate increase in productivity. While a rough calculation for an area is being calculated, users will be able to start work on a second rough, or on a procedure for a different area of the part. Users will also be able to verify, simulate and generate G-code for existing procedures and make changes to geometry in the CAD environment. Users will also be able, as before, to open several different sessions of CimatronE simultaneously.
The new version also includes built in motion simulation and analysis. Identifying errors before any machining or tryouts take place is one of the ways in which CimatronE's 3D solution shortens delivery times and reduces costs. The new motion simulator will allow CimatronE tool designers to test the efficacy of their tool design, isolating collisions and other problems at an early stage.
Product Manufacturing Information capabilities were introduced in an earlier version of CimatronE, allowing users to store Product Manufacturing Information (PMI) annotations including dimensions and other details. In this version, users will also be able to read PMI information from a larger selection of CAD systems and will be able to store a larger range of information as PMI annotations.
The DMS tradeshow will take place in Tokyo, Japan, starting June 22nd. CimatronE will be showcased in Saeilo Japan's booth, which is located in hall 2, booth 8-20.
With over 28 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
Phone: +972 73 237 0298
Chief Financial Officer
Phone: +972 73 237 0114