Thursday, Oct 11, 2012 5:00 AM
Givat Shmuel, Israel – October 11, 2012 – Cimatron Limited (NASDAQ and TASE: CIMT) today announced that CimatronE's 5-Axis solution will be showcased at the Fakuma trade show to be held in Friedrichshafen, Germany, from October 16-20, 2012.
"Tool shops across Germany are continuing to profit from CimatronE's 5-Axis solution, which is one of the most effective and advanced products on the market today," said Mr Dirk Dombert, Cimatron Group's General Manager for Germany.
"The CimatronE 5-Axis solution offers dramatically reduced setup times, and its powerful tilting functionality enables the use of shorter cutting tools, resulting in better surface quality and optimized machining times. These capabilities also support the ‘direct milling' technology that shortens production time by reducing the need for electrodes."
The CimatronE 5-Axis display at Fakuma will showcase:
- Direct milling of narrow slots and tiny corner radiuses, reducing the need for electrodes.
- Using a single setup for multi-side operations.
- A rich selection of machining strategies and support for a complete range of cutters (including tapered cutters, lollipop tools, and slot mill cutters).
- Positioning and continuous milling, with full control over the tilt and lead angles, and gouge and collision check of the tool shank and holder against the part.
- Generating 5-Axis tilting toolpaths at the click of a button (especially useful for rapid machining of parts with deep cavities, narrow ribs and tiny corner radiuses).
- Advanced post-processor-based simulation for toolpath verification.
The CimatronE display at Fakuma will be at booth #A5-5206.
For further information on CimatronE, visit www.cimatrone.com.
With 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 exchange and the Tel Aviv Stock Exchange 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