Givat Shmuel, Israel – October 19, 2009 – 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, announced that it will exhibit the latest version of CimatronE at the Canadian Manufacturing Technology Show.
At the show, Cimatron will display its new machine simulator and emphasize enhancements to NC programming capabilities, many of which cater to the specific machining requirements of toolmakers. These enhancements are included in the recently released CimatronE version 9.0, which contains a wide range of improved functions and new capabilities, upgrading the manufacturing process from quoting to delivery.
CimatronE 9.0 provides a new machine simulator, using a more advanced method to accurately and reliably verify the machining process. The simulator displays material removal within the machine environment for both 3-Axis and 5-Axis machines.
CimatronE 9.0 will also provide NC programmers with increased machining efficiency, better surface quality and improved performance. Version 9.0 also includes a Product Manufacturing Information (PMI) display.
Machining efficiency is increased at every level. Roughing is now more efficient because of greater awareness of remaining stock. This eliminates air cutting, ensures greater safety in the machining process and extends machine life and tool life. Multi-axis roughing is now more effective due to automatic transformation of the stock, saving time during roughing and at later stages. The multi-Axis Automated Drill now includes full stock recognition to speed up the drilling process and save time.
New programming functions facilitate a higher surface quality. Finishing functions include features that increase accuracy and smoothness. Among these is a new "Cleanup - All Along" strategy which enables users to machine the area left by the previous cutter with long, uninterrupted tool passes. The new version also includes enhancements to maintain the sharpness of external and embedded edges.
Version 9.0 of CimatronE provides dedicated functions needed to accomplish better manufacturing in a broader range of industries, including the medical and dental industries, as well as the aerospace and other high precision industries. Enhancements include further adaption of the interface to work with STL free form files and improvements in high speed machining and micro milling capabilities. Enhancements for 5-Axis tilting include new machining strategies to significantly speed up the calculation process.
The new version of CimatronE offers higher performance. Calculation times have been reduced in most areas and performance of the software in general has improved, with full support of dual core and quad core processors.
Version 9.0 allows manufacturers to store Product Manufacturing Information (PMI); annotations and notes are passed on through the different stages of the project from design to the shop floor. Product Manufacturing Information is also transferable to and from other standard CAD systems.
"We are excited to showcase the newest version of CimatronE at the Canadian Manufacturing Technology Show" said Bill Gibbs, President of Cimatron Technologies Inc. "While the manufacturing industry continues to feel the strain of the current economic crisis, we hope that technology can lend a hand. The new version of CimatronE is equipped with the capabilities necessary to lower costs, eliminate wasted time and increase productivity."
In addition to NC programming related updates, CimatronE 9.0 also offers enhancements including a new quoting application for die makers, new automation for tool design and electrode design as well as enhancements for 5-Axis manufacturing of discrete parts.
The CimatronE solutions will be presented at booth 25005, October 19–22, 2009 at the Direct Energy Center, Toronto, Ontario. For information and registration, visit http://www.sme.org/cmts.
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's shares are 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
Phone: +972 3 5312098
Chief Financial Officer
Phone: +972 3 531 2121