Wednesday, Aug 6, 2014 5:00 AM
Givat Shmuel, Israel – August 6, 2014 – Cimatron Limited (NASDAQ: CIMT) announced today the official release of CimatronE 12, the latest version of its integrated CAD/CAM software. CimatronE 12 provides new and enhanced tools that can dramatically ramp up productivity and minimize overheads in the design and manufacturing of molds, dies and discrete parts.
"More than ever, tool shops are under growing pressure to stay competitive," said Mr. Ira Bareket, Cimatron's VP Sales and Marketing. "While high quality is a given, delivery deadlines get shorter and shorter. In addition, tool shops may find themselves in situations where they are forced to slash delivery times after a project has already started. This presents them with serious challenges, particularly in managing their workflow and remaining profitable. CimatronE's newest version addresses these challenges with significant improvements in design automation, process management, machine utilization and ease of use, and helps our customers achieve success."
On the CAM side, CimatronE 12 has raised the bar with programming efficiency, roughing productivity and finishing quality.
The new NC Setup tool lets users define materials, machines and part setup, offering better process management. The new Machine Preview shortens programming cycles by enabling optimization of multi-axis machine orientation before the toolpath is calculated. Another new capability enables users to visualize the remaining stock in color and on the fly, for better decision-making at any point of the process.
Roughing productivity is dramatically enhanced in CimatronE 12 with a new, highly accurate 3D stock for 3+2 Axis positioning and 5 Axis, resulting in safe roughing and reduced machining time.
Additionally, better surface quality and longer tool life are obtained thanks to the more uniform toolpath, which provides smoother machine motion, and reduced vibrations.
A new Rest Milling strategy for handling complex geometry with any cutter combinations delivers a more efficient toolpath and less machining time.
One of the outstanding features in CimatronE 12 is the powerful new EDM Setup environment that can fully control the electrode burning process on any EDM machine as well as enable safe, "lights-out" operation. It can be easily adapted to any customers' in-house methodology and standards, supporting both direct and indirect output file formats.
Mold and die designers will enjoy a wholly revamped insert design application that automatically creates all standard aspects of the design, saving a lot of time and manual operations. Additionally, Motion Simulation was greatly enhanced with the ability to conduct valuable dynamic analysis at the very start of a project.
To top things off, new cooling design and analysis capabilities support both traditionally drilled cooling channels as well as conformal cooling channels that are typically manufactured using 3D printing technologies. CimatronE 12 also supports the AMF (Additive Manufacturing File) format – the new standard for converting 3D models into digital files.
For more information about the newly launched CimatronE 12, visit the new CimatronE 12 Website.
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