Thursday, Jun 11, 2009 5:00 AM
Givat Shmuel, Israel – June 11, 2009 – Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced that it has officially released version 9.0 of CimatronE.
According to customers' reports, CimatronE 9.0, complete with brand new features and capabilities, is the most productive version of the software to date, cutting down significantly on design, programming and machining times.
"CimatronE 9.0 has vastly improved current functions, and added many new functions which help get projects through design and fabrication faster and more efficiently." said Jose Barreto, Die Design Engineer at Weiss-Aug, USA.
"CimatronE 9.0 not only increases our accuracy and speed, it also makes us more confident than ever that the finished product will be right to the numbers as well as giving us a great finish." stated Tom Neeb, CAD/CAM Department Manager at Apollo Tool Co., USA.
There are productivity enhancements in tool design, NC for tooling and 5-Axis solutions, covering the whole spectrum from quoting to delivery. CimatronE's most productive attribute remains it's integrated CAD/CAM; design and NC programming take place in the same environment eliminating the need for data translation, preventing errors and saving time wasted transferring files from one application to another.
CimatronE 9.0 includes major enhancements to mold and die designers, including new capabilities for transfer die makers, and more automation for tool design. Automatic Features are in line with CimatronE's winning formula of Flexible Automation, prioritizing the user's ability to control and override all automatic functions. The CimatronE Electrode solution now includes a new CMM application for defining measuring points and probe paths.
Programming and Machining times have been significantly shortened with new NC for tooling capabilities. These capabilities have been developed not only to speed things up but also to ensure safe machining with no gouges and collisions, and support polish-free surface quality. New NC capabilities include significant improvements to the drilling application, with added safety measures and increased efficiency.
Additionally, new machining strategies are available for HSM and 5-Axis Milling, providing more benefits to the medical and other industries performing high precision jobs. A new impeller cutting application speeds up production for aerospace users. Cimatron 9.0 includes a new, more powerful and more accurate machine simulator with improved interaction and functionality.
"This is the fastest, most advanced version of CimatronE we have ever released," said Danny Haran, Cimatron's CEO. "At a point in time when toolmakers and manufacturers are thirsting for ways to cut costs and speed up all their processes, we are providing a serious upgrade to our software which will dramatically increase our customers' productivity".
With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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, enable collaboration with outside vendors, 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 is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company 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 the company'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 the future performance and involve risks and uncertainties, many of which are beyond the company'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 cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company 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.