Cimatron to Feature New Version at MoldMaking Expo 2009
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CimatronE Version 9 Streamlines Processes and Shortens Delivery Times
GIVAT SHMUEL, Israel, June 16 /PRNewswire-FirstCall/ -- Cimatron Limited
(Nasdaq: CIMT), a leading provider of integrated CAD/CAM solutions for mold,
tool and die makers as well as manufacturers of discrete parts, today
announced that its latest release of CimatronE, Version 9, will be
demonstrated at the 2009 NPE/MoldMaking Expo. The exhibition will take place
June 22-26, 2009 at the McCormick Place Convention Center in Chicago, IL.
Helping tool makers and manufacturers deliver higher quality tools and
products at lower costs and shorter cycle times, the CimatronE CAD/CAM
solution suite addresses the entire process from quoting through design,
engineering changes, NC, and EDM programming to delivery. Highlights of the
new and enhanced capabilities in CimatronE 9.0 include:
- Greater mold design automation
- A new application for defining electrode measuring points
and probe path
- New machining strategies for High Speed Machining (HSM) and
5-Axis milling
- New capabilities for handling Product Manufacturing
Information (PMI) throughout the design and manufacturing process
- A new application for transfer die design
- A new die quote generator
"We are proud to present the latest enhancements to the CimatronE product
line at the NPE/MoldMaking Expo," said Bill Gibbs, President of Cimatron
Technologies Inc. and Gibbs and Associates. "Cimatron is dedicated to
providing the industry with the tools needed to increase efficiency and do
more with less. Our integrated solution suite provides mold, tool and die
makers with a unique opportunity to get ahead despite the sluggish economy."
The CimatronE solutions will be presented at booth #W103009, June 22-26,
2009 at the McCormick Place in Chicago, IL. For information and registration,
visit http://www.moldmakingexpo.com.
About Cimatron
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.
For More Information Contact:
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-3-5312098
Email: iditp@cimatron.com
Ilan Erez
Chief Financial Officer
Cimatron Ltd.
Phone: +972-3-531-2121
Email: ilane@cimatron.com
Yael Nevat
Commitment-IR.com
Phone: +972-3-611-4466
+972-50-762-6215
Email: yael@commitment-IR.com
SOURCE Cimatron Ltd
For More Information Contact: Idit Pass Lagziel, Marketing Manager, Cimatron
Ltd., Phone: +972-3-5312098, Email: iditp@cimatron.com; Ilan Erez, Chief
Financial Officer, Cimatron Ltd., Phone: +972-3-531-2121, Email:
ilane@cimatron.com; Yael Nevat, Commitment-IR.com, Phone: +972-3-611-4466,
+972-50-762-6215, Email: yael@commitment-IR.com
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