Novi, MI – February 25, 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 a new web seminar will be held on February 26, covering the topic of "Doing More with Less in a Sluggish Economy."
Toolmakers and manufacturers are searching for ways to weather the current financial storm and economic crisis. To help them in this quest, Cimatron and American Machinist are holding an educational online seminar exploring how Lean strategies can be used by tooling and manufacturing shops to keep their businesses afloat in this tough economy.
Attending the web seminar (webinar) is at no charge but registration is required and available online now at www.cimatrontech.com.
"Doing more with less is now a matter of survival," said Bruce Vernyi, American Machinist's Editor In Chief and the session's moderator.
"Whether you are already using Lean strategies or not, now is the time to revisit Lean and make sure you make the most out of it."
"While many books have been written about Lean, this will be a practical ‘how-to' session tailored specifically to the tooling and manufacturing shop environment," added Hari Sridharan, VP of Engineering at Cimatron Technologies Inc. and the webinar keynote speaker.
Topics to be covered in the webinar include:
- How to eliminate wasted time and effort in your shop
- How to get more productivity out of your existing resources
- How you can deliver every job faster and at lower cost
- A Lean case study
The online presentation will take place Thursday, February 26, 2009 at 2pm EST. Registration is available now at www.cimatrontech.com.
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.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.