Wednesday, May 9, 2012 5:00 AM
CimatronE to feature at Mfg4 & MMTS trade shows in May, 2012
Givat Shmuel, Israel – May 9, 2012 – Cimatron Limited (NASDAQ and TASE: CIMT) will be participating in leading trade shows on the North American east coast in May – Mfg4 in Hartford, Connecticut (May 8-10), and the Montreal Manufacturing Technology Show (MMTS), Canada (May 14-16).
"CimatronE is one of the most powerful, integrated CAD/CAM offerings on the market today," said Mr. Bill Gibbs, Cimatron's President North America.
"It is one of the very few integrated solutions that was designed specifically with the tool maker and discrete manufacturer in mind. As a result, its built-in features are specifically geared towards addressing the evolving needs of the tooling and manufacturing industry."
CimatronE's wide array of functionalities includes:
- Tool design – strong data import capabilities, quote and BOM generation, parting and core and cavity design (for molds), blank design and forming (for dies), a wide array of tool catalogs, generation and placement of tooling-specific features (e.g. runners, lifters, sliders, ejection, cooling, punches, matrices), motion analysis and collision detection, drafting, and electrode generation.
- NC – built-in CAD functionality, efficient roughing, superior finishing, 5-axis milling, plate machining and drilling, advanced micro-milling, and Wire EDM.
- Discrete manufacturing – full 5-axis milling capabilities, including built-in CAD tools, a rich machining strategies library, flexible manual/automated control, collision avoidance, machining simulations, and post processers for any machines and controls.
"We encourage anyone planning to attend Mfg4 and MMTS to visit our booths and see why CimatronE is the software solution of choice for so many thousands of manufacturers across the globe."
Cimatron's booth at Mfg4 – #2140.
Cimatron's booth at MMTS – #306.
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
Phone: +972 73 237 0298
Chief Financial Officer
Phone: +972 73 237 0114