Novi, MI - May 2, 2007 - Cimatron Technologies Inc., a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that in an initiative to help local schools offer high level advanced manufacturing and production processes training, it has donated 160 seats of its leading CAD/CAM software for tooling and manufacturing to Oakland County Schools in Michigan.
Cimatron's software is used primarily by 11th and 12th grade students attending the Engineering and Emerging Technologies program at the Oakland Schools' Technical Campuses. Close to four hundred students attend the program at four campuses, located in Clarkston, Pontiac, Royal Oak, and Wixom, MI.
Enrolled students receive hands-on technical training in multiple facets of manufacturing, production, engineering and design, taught by certified instructors with significant industry experience. Students acquire a range of skills that enable them to either continue their technical education at a college-level engineering program or find a technical job.
"Our emphasis is on the most modern and advanced engineering and technology training," explains Bill W. Williams, Ph.D., Instructional Resources Consultant at the Oakland Schools. "We are training our students on core foundational skills of engineering technologies, with the goal of moving towards high level advanced manufacturing and production processes."
"Students use the Cimatron CAD software to design parts and assemblies, and then use the CAM software to run the part on the CNC machine," says Williams. "In the short time since we started using the software, these young students are doing terrific things with the Cimatron software, even though we haven't given them much training on it yet."
"The support we are receiving from Cimatron has been exceptional," says Williams. "Cimatron's focus on the tooling industry, the breadth of product offerings from design to manufacturing, and the continued introduction of advanced product capabilities has made the Cimatron software a perfect match for students at Oakland Schools."
Cimatron Technologies has a longstanding tradition of supporting educational initiatives with generous software donations. "We are happy to collaborate with the Oakland Schools on such an outstanding program," says Sam Golan, CEO and President of Cimatron Technologies, Inc. "To stay competitive, local manufacturers will need highly skilled workers. These students are the future of our industry, and the program at Oakland Schools Technical Campuses provides them with a unique opportunity to build a strong foundation of advanced technical education."
For more information about Cimatron's support of educational programs, please see the Education page on the Cimatron Technologies website.
The Oakland Schools Technical Campuses offer unique learning environments that provide students with the best structure possible to receive the technical, academic, and workplace skills necessary to pursue successful careers. The curriculum, equipment, technology and staffing at the campuses are designed to meet the current and emerging needs and training requirements of industry. For more information, visit: http://www.oakland.k12.mi.us/Departments/CareerFocusedEducation/OaklandSchoolsTechnicalCampuses/tabid/842/Default.aspx.
With more than 20,000 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. Cimatron's cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries. For more information, please visit http://www.cimatrontech.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.