Will focus on the advantages of 5-Axis milling for mold makers
Givat Shmuel, Israel, December 9, 2014 – Cimatron Limited (NASDAQ: CIMT) is pleased to announce that the company will collaborate with Gardner Publications' Modern Machine Shop to present a free webinar - "Stepping up to 5-axis", on Thursday, December 11, 2014 2:00 - 3:00 PM EST.
5-axis technology is currently used in a variety of applications, including the production of deep cavity molds and rubber molds as well as for impellers, turbine blades, cutting tools, ports and inlets, aerospace structural parts and medical implants.
Although 5-axis technology has been in use since the 1980's, several market trends are driving an increasing number of manufacturers to step up and adopt and improve the technology these days. These include; increasing productivity, shortening delivery time and improving surface quality.
While adopting 5-axis technology can bring operational advantages and new business opportunities, stepping up to 5-axis carries its own set of challenges.
During the live webinar Eng. Alon Leuchter, Cimatron's NC Technology Expert will cover:
- How tool shops are taking advantage of 5-Axis in real-life
- Software solution requirements to support 5-axis operations
- Implementation considerations when stepping up to 5-Axis
- How 5-Axis capabilities can address the specific needs of mold making
- How manufacturers can smoothly step up to 5-Axis
- How 5-Axis can help manufacturers stay ahead of the competition
The live webinar will enable participants to ask questions and get answers in real-time.
Registration information and system requirements are on the Modern Machine Shop webinar page at: https://www1.gotomeeting.com/register/633548217. Webinar recordings can be found on our website: http://resources.cimatron.com/webinars/.
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
GK Investor Relations
Tel: (US) 1 646 201 9246