Wednesday, Dec 4, 2013 4:00 AM
Givat Shmuel, Israel – December 4, 2013 – Cimatron Limited (NASDAQ: CIMT) today announced that its integrated CAD/CAM software CimatronE now enables safe connectivity to DMG MORI machines and controls without the need for custom post processors or machine simulations.
"CimatronE has long offered one of the largest, error-free libraries of post-processors for practically all 3-axis and 5-axis machines and all leading controllers, and we are happy to now go one step further in providing safe connectivity to all DMG MORI machines," said Mr Ira Bareket, Cimatron's VP Sales and Marketing.
The development is the result of cooperation between Cimatron and DMG MORI that enables CimatronE customers to use the company's machines with MAPPS controls without the need for custom post-processors or machine simulation models. CimatronE users continue to program parts in the way they are used to but, rather than running a standard Cimatron post-processor, a DMG MORI-specific APT-CL file is generated in CimatronE. This will then be imported into the Manufacturing Suite product from DMG MORI, outputting a G-code that is loaded into the MAPPS controller of the machine.
The development is expected to result in improved overall tool shop productivity across the board given the much simpler and quicker experience it offers to NC programmers sending data for machining.
"Cimatron is pleased to have partnered with DMG MORI on this important initiative, which will help to promote seamless, confident and error-free machining among our customers worldwide," said Mr Bareket.
With over 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 under the symbol CIMT. For more information, visit 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:
Chief Financial Officer
Phone: +972 73 237 0114
Idit Pass Lagziel
Phone: +972 73 237 0298
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) 1 646 201 9246