MOORPARK, CA – January 6, 2015 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, announced today that its GibbsCAM® software will be demonstrated at the SolidWorks® World 2015 Conference with a presentation and booth demonstrations of GibbsCAM software's optimization for machining parts designed in SolidWorks. GibbsCAM is a SolidWorks Certified CAM Product that provides seamless integration with SolidWorks. Cimatron's subsidiary, Gibbs and Associates, was selected to give a presentation called "Manufacturing Complex Solid Models with GibbsCAM," to be delivered by Steve Aughinbaugh, a GibbsCAM applications engineer, on Monday, February 9, 2015 from 6:45pm-7:00pm. The presentation will highlight GibbsCAM's integration with SolidWorks, and demonstrate the use of automation features of both products to read a complex part from SolidWorks and program it for machining with GibbsCAM. Mr. Aughinbaugh will demonstrate the ease of programming turning, milling, millturning and drilling operations on a multi-task machine, and finish with full simulation of the machining process. In addition to the presentation, GibbsCAM demonstrations will be available in Booth 525 of the Partner Pavilion. The conference runs from February 8-11, 2015 at the Phoenix Convention Center in Phoenix, Arizona.
Mr. Aughinbaugh's presentation will be centered on GibbsCAM's MTM and Machine Simulation for programming, simulating and verifying multi-task machining (MTM) operations in making parts designed in SolidWorks. He will demonstrate how GibbsCAM directly reads SolidWorks part models, preserving features and attributes, and use these to identify, organize and select features for machining. The use of a complex part – a cylindrical part with flat areas, pockets, holes and compound holes – for the presentation will enable Mr. Aughinbaugh to demonstrate the ease and speed of GibbsCAM's CNC programming for various different operations required to machine parts. Use of a complex machine for programming and simulation will enable him to highlight GibbsCAM's new underlying architecture, the Universal Kinematic Machine engine, which allows programming and simulating machine tools of any configuration, simple or complex. His presentation will finish with simulation of the entire machining process, including the machine tool, its moving components, tool blocks and cutting tools as they make the part.
Inherent to the presentation will be GibbsCAM's optimization for SolidWorks, which includes the integration of GibbsCAM's Hole Manager with SolidWorks' Hole Wizard to identify, categorize, and machine simple and compound holes, and GibbsCAM's Automatic Feature Recognition and Feature Manager, to read and preserve features from the SolidWorks Feature Tree to easily identify and select areas for machining. This integration, in combination with many other GibbsCAM automation features, greatly simplifies solids machining and provides huge time savings for the SolidWorks user. With a short learning curve, GibbsCAM's unique user interface enables additional productivity from ease of use and speed of programming.
The combination of GibbsCAM 2015 and SolidWorks 2015 provides a complete CAD/CAM solution for most manufacturing environments. Whether parts have simple geometry needing only 2.5-axis milling or 2-axis turning, or complex geometry requiring use of 5-axis machining, MTM or Swiss-style turning centers, the SolidWorks-GibbsCAM combination accommodates and optimizes the machining process. GibbsCAM verifies the toolpaths with gouge detection and interference checking, dynamically and visually simulates them on virtual machine tools, and accurately post-processes them to generate optimal NC programs. GibbsCAM features help users eliminate scrap and reduce cycle times, while they maximize efficiency, safety and profits.
With 30 years of experience and more than 40,000 installations worldwide, Cimatron Ltd., or 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, 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's shares are publicly traded on the NASDAQ under the symbol CIMT. For more information, please visit Cimatron's web site at: www.cimatron.com.
About Gibbs and Associates and GibbsCAM
For over thirty 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 that 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 is Compatible with Windows 7, Windows 8 and Certified for Windows Vista. 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 Program, is a Siemens Solution Partner Program-PLM for Solid Edge product, is a Gold Tier Partner within the PTC Partner Advantage Program 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, DMG MORI, Haas, Index, MAG, Mazak, Mitsubishi, Okuma 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, visit its web site (www.GibbsCAM.com) or call 1-800-654-9399 (outside of North America, call +1-805-523-0004).
The Gibbs logo, GibbsCAM, GibbsCAM logo, Virtual Gibbs, and "Powerfully Simple. Simply Powerful." are either trademark(s) or registered trademark(s) of Gibbs and Associates in the United States and/or other countries. Microsoft, Windows and the Windows logo are trademarks of the Microsoft group of companies. All other brand or product names are trademarks or registered trademarks of their respective owners.
Safe Harbor Statement
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 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 Gibbs and Associates or 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 its filings with the Securities and Exchange Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Gibbs and Associates and Cimatron undertake 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
Gibbs and Associates
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) 1 646 201 9246