Novi, MI – January 18 2011 - Cimatron Technologies Inc., a subsidiary of 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, has signed a partnership and distribution agreement with Atometric Inc., a provider of CNC micro-machining centers and contract micro-machining solutions.
As part of the collaborative relationship between the two companies, Cimatron has developed custom post-processors for Atometric's machines. In addition, Atometric is now authorized to bundle CimatronE with its micro-machining centers as well as use the software in its micro-machining contract manufacturing operations.
Cimatron Micro-Milling Software
The Cimatron micro-milling software enables efficient milling of jobs, using very small tools and working at tolerances as tight as 0.0001 mm, and using cutting tools as small as 10 micron (.00039"). Featuring exceptionally precise calculation of remaining stock that is accurate enough for micro-scale parts, the software enables the creation of safe and highly efficient micro-machining toolpaths, supporting high spindle speeds while producing superb surface quality. In addition, the Cimatron software enables toolmakers and manufacturers to take full advantage of 5-Axis capabilities to machine complex parts in the micro-milling environment.
Atometric's Micro-Precision Machining
Atometric delivers sub-micro precision machining centers that are factory-rugged, yet operable in an office, and range from 3-Axis to 4- and 5-Axis machines. Atometric's machines support spindle speeds of up to 200,000 rpm and feature an automatic tool changer with up to 35 tools per cartridge, maximizing productivity and minimizing idle time. The result is an efficient manufacturing solution suitable to a wide range of micro-machining applications and a variety of materials, including:
- Implantable devices machined in titanium and zirconia ceramics
- Stainless steel surgical components produced in a single setting
- Tool steel micro-mold machining
- EDM electrodes with complex blended curves machined in copper and graphite
- Bio-individual zirconia implantable devices with a steel or aluminum support structure built on the same machine
Stepping Up to the Micro-Manufacturing Opportunity
"Micro-milling is one of the most promising frontiers in manufacturing these days, opening up great opportunities for companies that are able to master the technology," said Ira Bareket, Vice President of Sales and Marketing for Cimatron. "Being the first vendor to bring to market a specialized NC application for the milling of micro-components, we are excited to partner with a company such as Atometric that is entirely focused on delivering advanced micro-machining solutions."
"Producing high-quality micro-parts demands a combination of micro-precision machines and software. Cimatron's micro-milling software has a demonstrable advantage in accuracy and speed compared to other leading software packages we have worked with," said Atometric's President, Thomas Lindem. "The Cimatron software helps our customers achieve the full capabilities of the Atometric machines. Together, Cimatron and Atometric will be able to help more customers step up to the requirements of micro-manufacturing."
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 under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com
Atometric incorporated in 2003 by career macro machine tool designers for the purpose of creating appropriately scaled production micro machining centers. The Atometric team, used to building huge machining systems, knew that controlling micron level tolerances is best done with stiff structures scaled to the task.
Atometric's product line of micro machining centers provide a 100 mm x 100 mm x 100 mm 5-axis contouring work envelop in a machine within a 1 m x 1 m footprint, drawing less than 1 kW power. The fifth generation product platform, new for 2011, can be packaged in three, four, or five axis configurations, with full contouring machining, sub-micron positioning, 2G acceleration, and high speed turn milling capability. Systems are backed by Atometric's extensive micro machining processing capability.
Atometric, Inc. is privately held. For more information, please visit its company website at Atometric.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:
Director of Marketing
Cimatron Technologies Inc.
Phone: +1 248 596 9700
Chief Financial Officer
Phone: +972 73 237 2114
Phone: +1 815 986 7352