Givat Shmuel, Israel – October 23, 2012 – Cimatron Limited (NASDAQ and TASE: CIMT) today announced that its integrated CimatronE CAD/CAM DieDesign solution will be profiled at the EuroBlech trade show to be held in Hanover, Germany from October 23-27, 2012.
"In recent years, the CimatronE DieDesign solution has revolutionized the die making field, offering shops a massive 25-30% improvement in their overall productivity," said Mr. Dirk Dombert, Cimatron Group's country manager for Germany.
"CimatronE has also become particularly renowned for its ability to handle all die types, no matter how complex, and to facilitate every aspect of the production process, from quoting and design right through to machining and wire EDM."
Among the praise for CimatronE DieDesign is the following from Wolfgang Faul, Director of Design & Tooling at German tool shop Saxonia-Franke: "We were looking for a die design solution and CimatronE came highly recommended to us by others in the industry. CimatronE enabled us to work quickly and accurately and perform many functions that other programs simply didn't have."
Key features of CimatronE DieDesign include:
- DieQuote generation – rapid quote generation by automatically retrieving information from the CimatronE strip design and merging it with cost information set by the user. Includes a database for storing and retrieving detailed customer information, including previous quotes.
- Die design – reliable data import from a large variety of standard and native formats; blank design and forming with automated blank calculation, springback compensation and finite element analysis tools; a dedicated strip design environment; die tool design with applicative tools for creating trimming and forming punches; a wide variety of catalog parts; collision detection and motion analysis; and drafting.
- NC and Wire EDM programming – built-in CAD functionality; background toolpath calculations; efficient roughing; high quality finishing; full 5-axis capabilities; plate machining and drilling; a rich library of post-processors; and NC Setup and tool table reports.
"I invite delegates to EuroBlech to visit our booth and see for themselves why CimatronE has become the solution of choice for so many die shops across Europe and worldwide," said Mr. Dombert.
The Cimatron display at EuroBlech will be at booth #12/A09.
For further information on CimatronE, visit 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
Phone: +972 73 237 0298
Chief Financial Officer
Phone: +972 73 237 0114