Thursday, Apr 14, 2011 5:00 AM
Givat Shmuel, Israel – April 14, 2011 – Cimatron Limited (NASDAQ and TASE: CIMT), announced today that the newest version of CimatronE will offer Background Calculations, enabling NC programmers to complete projects a lot faster and be more responsive to changes and urgent shop floor needs.
The introduction of Background Calculations means that there will be no need to wait for toolpath processing to finish, as users will be able to continue normal work on a project while the computer calculates procedures in the background.
This will allow users to be far more productive. While a rough calculation for an area is being calculated, users will be able to start work on a second rough, or on a procedure for a different area of the part. Users will also be able to verify, simulate and generate G-code for existing procedures and make changes to geometry in the CAD environment. Users will also be able, as before, to open several different sessions of CimatronE simultaneously.
"We make sure that our customers always have a competitive edge by empowering them to take advantage of the most advanced technologies as soon as they become available." Said Roy Sterenthal, Cimatron's VP of research and development. "Recently, we have introduced Multi-core Processing and 64-Bit Support to CimatronE. These introductions, together with the new Background Calculation capability, make our users more productive and help them to handle their jobs better."
Cimatron also recently announced that its new Productivity Acceleration Device for NC Programmers – The SuperBox - will be released in parallel with CimatronE 10.0. The SuperBox, a combined hardware/software solution, greatly reduces the load on individual workstations, while increasing NC calculation speed to instantly boost NC productivity.
"CimatronE 10.0's background calculations and the SuperBox have reduced the time that our workstations are occupied with toolpath calculations by 50%. This has allowed us to increase the efficiency of our NC programming," said Mr. Christian Stolle of the NC programming department at Pakulla GmbH. Pakulla is an experienced tool shop located in Bergisch Gladbach, Germany (www.pakulla.de).
With over 28 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 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 TASE 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