Givat Shmuel, Israel – September 15, 2011 – Cimatron Limited (NASDAQ and TASE: CIMT) announced today that it will demonstrate the recently released version of CimatronE— CimatronE 10 — at EMO Hannover 2011.
CimatronE is a CAD/CAM software solution for mold, tool and die makers as well as manufacturers of discrete parts. CimatronE 10, includes enhancements to all aspects of the solution. Enhancements to machining strategies enable users to achieve a higher surface quality, shorter machining times and longer tool life.
CimatronE 10 offers a new Helical Milling strategy, which is especially useful for milling all around steep cavities or cores, especially in electrodes. Helical Milling offers considerable surface quality advantages, providing a continuous toolpath with only one entry and exit point.
Tool makers will also achieve a higher surface quality with new improvements to CimatronE's touch of a button 5-Axis Tilting strategy, which now automatically creates smoother machine motions that also ensure a longer tool life. The Tilting strategy offers easy-to-program simultaneous milling, which is especially suitable for robust machining of parts with deep cavities, narrow ribs and tiny corner radiuses, using shorter and more rigid tools to achieve the best surface quality and reduce machining time.
CimatronE 10 also offers a new, easy-to-program 5-Axis Swarf Milling strategy for ruled surfaces (surfaces defined by a line driven along two curves). This is the second of two swarf milling strategies available in CimatronE; swarfing increases surface smoothness and shortens machining time by cutting with the side of the tool, rather than with the tip.
The Background Calculations capability, which allows users to continue working on a project as usual while toolpath calculations are processed in the background, will also be demonstrated at EMO. To further shorten NC programming time, Cimatron offers the patent pending SuperBox, a combined hardware/software device that greatly reduces the load on individual workstations, while increasing NC calculation speed to instantly boost NC productivity.
EMO will take place in Hannover on September 19-24, 2011. Cimatron GmbH will display CimatronE and GibbsCAM, Cimatron's software for production, in Hall 25, Stand H30.
With over 28 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