Founder Bill Gibbs serves in CAD/CAM discussion panels – Gibbs Application Engineer conducts hands-on session – GibbsCAM demonstrated in exhibit hall
MOORPARK, CA – December 19, 2013 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced that its subsidiary, Gibbs and Associates, developer of GibbsCAM® software for programming CNC machine tools, participated in two sessions within the manufacturing track at Autodesk University 2013. Bill Gibbs, founder and president of Gibbs and Associates, was a member of panel discussions on the future of CAD/CAM. Andy Heffner, Gibbs' application engineer, conducted a hands-on demonstration of a GibbsCAM workflow for making and programming parts for CNC machining.
"We were pleased and excited to be invited to support Autodesk in its industry education and forum for discussing topics important to business, design, engineering and manufacturing," said Bill Gibbs. "Aside from helping manufacturers plan for the future and make critical decisions today, Autodesk University provides us a great opportunity to demonstrate GibbsCAM interoperability with Autodesk Inventor, and GibbsCAM's superiority in ease of use, flexibility and efficiency in programming CNCs of all types, even the most complex multi-axis, multi-task machines, using models created with Autodesk Inventor."
Early this year, GibbsCAM was certified for Autodesk Inventor 2014, marking the thirteenth consecutive year that the software has been certified for Autodesk Inventor, and Gibbs and Associates continues to be an authorized member of the Autodesk Developer Network and an Autodesk Authorized Independent Software Vendor. GibbsCAM offers seamless integration with Inventor, directly reading Autodesk Inventor IPT (part model) files, preserving all color information assigned within Inventor to provide continuity in recognizing and communicating part and feature attributes.
"We are very pleased to have Gibbs and Associates renew Inventor certification for GibbsCAM," said Carl White, Senior Director of Manufacturing Engineering Products at Autodesk. "GibbsCAM has supported Autodesk Inventor with direct reading of Inventor models and assemblies since the beginning of our certification program, with constant dedication to interoperability and ease of use. We are proud to have companies like Gibbs and Associates as partners in delivering extensible, flexible and easy-to-use applications to our manufacturing customers."i
GibbsCAM's full associativity of geometry, processes and toolpaths easily accommodates updates to Autodesk Inventor part geometry and process parameters. CNC programmers can quickly optimize parts and define the process for machining the parts, whether they have simple geometry needing only 2-axis turning or 2.5-axis milling, or complex geometry requiring the latest 5-axis machining centers, multi-task machines or Swiss-style turning centers. Once machining processes are defined in GibbsCAM, they are automatically updated when the Inventor model is revised. GibbsCAM also directly reads AutoCAD DXF and DWG files, enabling use of part geometry to program machining processes.
About Gibbs and Associates and GibbsCAM
For 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, 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 SEIKI, 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 www.GibbsCAM.com or call 1-800-654-9399 (outside of North America, call +1-805-523-0004).
With over 30 years of experience and more than 40,000 installations worldwide, 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 traded on the NASDAQ under the symbol CIMT. For more information, visit http://www.cimatron.com.
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