Givat Shmuel, Israel – February 18, 2010 – 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 will showcase GibbsCAM 2010 and CimatronE 9.0 at the METAV exhibition Feb 23rd to 27th, in Dusseldorf.
The new version of GibbsCAM (marketed in Germany as Virtual Gibbs) includes major enhancements to 5-Axis Milling and 3D solids machining, as well as new plunge roughing. GibbsCAM 2010 is fully compatible with Windows 7 and can operate at 64 bits, allowing users to make full use of RAM and program larger, more complex parts.
GibbsCAM 2010 also features VoluMill; VoluMill high speed roughing maximizes material removal rate and steadies tool load, reducing cycle times and extending tool life. VoluMill works on all solid, surface, and wireframe models, and any combination of part and stock boundaries. It supports an unlimited number of islands, tapered walls, variable pocket depths, and variable island heights.
"With the new version of GibbsCAM and many important enhancements to CimatronE, we are excited to present all of our manufacturing solutions at METAV," said Dirk Dombert, General Manager of Cimatron GmbH. "As the manufacturing industry begins to recover from the continuing crisis, ensuring maximum productivity is essential for survival and success, and our enhancements will help customers maintain high standards with shorter delivery times."
Recent enhancements to CimatronE, for mold and die makers, include the addition of the Moldex eXplorer. With Moldex, mold designers can now simulate and analyze the injection molding process from within CimatronE. This will enable users to ensure optimal placement of injection points, increasing the quality of the manufactured part. A free trial of Moldex is available to all CimatronE customers.
CimatronE can now operate at 64-bits, making full use of available memory, and is compatible with the Windows 7 Operating System.
In addition, those who work with both Cimatron product lines will now be able to transfer parts from CimatronE to GibbsCAM in one easy click.
The Cimatron GmbH booth is located in Hall 9, Booth E56.
680 top-ranking exhibitors from 26 different countries will be present at METAV 2010 from 23 to 27 February. As the year's first comprehensive trade fair for the entire metalworking sector, METAV will showcase innovations in terms of both products and services for industrial manufacture, on a net exhibition area of around 32,000 m2. Trade show visitors are offered the ideal opportunity to make their investment decisions right at the beginning of the year, on a well-informed footing. A good number of events supplement exhibitors' offers and provide visitors with additional information.
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's shares are 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.
For More Information Contact:
Idit Pass Lagziel
Phone: +972 3 5312098
Chief Financial Officer
Phone: +972 3 531 2121