MOORPARK, CA – May 21, 2008 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that GibbsCAM®, CAM software for programming CNC machine tools and controls, has been certified for Autodesk Inventor® 2009 under the Autodesk Inventor Certified Applications Program. Certification is granted only after a product has been thoroughly tested by internal staff at Autodesk. Certified applications meet certain implementation guidelines and have demonstrated the highest levels of robustness, quality, and interoperability with Autodesk Inventor software.
"We are extremely pleased to once again be certified under the Autodesk Inventor Certified Applications Program. This clearly demonstrates the two companies' joint dedication to providing effective solutions for our customers," says Bill Gibbs, founder and president of Gibbs and Associates. "GibbsCAM's powerful, yet easy to use, capabilities can take Autodesk Inventor designs and put them into production quickly and easily. The Autodesk Inventor/GibbsCAM combination continues to offer Autodesk Inventor users incredible value and performance."
"The ever expanding capabilities of GibbsCAM offer Inventor users a broad range of functionality, covering 2-axis turning, 2 & 2.5D milling, 3-axis multi-surface machining with high-speed machining support, 5-axis simultaneous machining through complex multi-task machining," comments Robb Weinstein, Gibbs' Senior Vice President of Sales and Strategic Planning. "In addition, to its industry leading ease-of-use, the number of languages which GibbsCAM supports continues to expand keeping pace with Autodesk's broad distribution. Of course, our worldwide organization of professional CAM resellers continues to be key in the success of our customers and in our working relationships with our strategic partners."
GibbsCAM is able to directly read in native Autodesk Inventor model files for process planning and toolpath generation. The Inventor-to-GibbsCAM add-in also allows Autodesk Inventor models to be directly transferred from within Autodesk Inventor to GibbsCAM. Updates to either part geometry or process parameters are easily accommodated by GibbsCAM's full associativity across geometry, process and toolpath. GibbsCAM's industry leading ease-of-use allows users to quickly take advantage of its powerful capabilities – from minimizing how long it takes to learn how to use the software, to efficiently addressing day-to-day manufacturing engineering tasks with extremely intuitive capabilities.
About Gibbs and Associates and GibbsCAM
For over twenty years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support successful customers require.
The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM has received Microsoft's "Designed for Windows XP/2000" and "Works with Windows Vista" certifications. GibbsCAM's data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Application Program, is a Solid Edge Certified Select Product, and is a SolidWorks Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, and Tornos. Gibbs and Associates distributes its products worldwide through a network of international Resellers.
In January 2008, Gibbs and Associates merged with Cimatron Ltd, and is now operating as a wholly owned subsidiary. For more information about Gibbs and Associates and its CAM software packages, call 1-800-654-9399, or visit the company on-line at www.GibbsCAM.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.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.