MOORPARK, CA – September 09, 2009 – Gibbs and Associates, developer of GibbsCAM® software for maximizing programming efficiency of CNC machine tools and a Cimatron company, announced today that it will demonstrate its complete GibbsCAM MTM (multi-task machining) solutions at EMO, the world's largest trade show dedicated to metalworking equipment and productivity, this year held in Milan, Italy, from October 5-10, 2009. GibbsCAM, will be showcased in Cimatron Group's booth (Hall 9, Booths A10 and A12).
MTM machining solutions are expected to generate the most interest at this year's EMO due to the productivity improvements gained by machines able to execute multiple operations in a single set-up on one CNC machine and the ability to optimize profitability during the current worldwide recession. The GibbsCAM solutions will also be demonstrated at exhibits of several machine tool partners who build both "standard" and Swiss style MTM machines.
GibbsCAM MTM software fully supports all the functions available on standard multi-task machines and Swiss style machines, including subspindles, live tooling, Y-axis on all turrets, multiple turrets doing simultaneous machining, synchronization to optimize turret utilization and cycle times, and full 4- and 5-axis simultaneous machining, through its standard programming features and over 750 MTM postprocessors. GibbsCAM MTM also includes Cut Part Rendering, an integrated toolpath verification module. Furthermore, toolpaths generated with GibbsCAM MTM can be fully simulated, dynamically, with GibbsCAM Machine Simulation for visual verification and collision detection and avoidance.
In addition, the company will demonstrate the new 64-bit architecture of GibbsCAM. The 64-bit version of GibbsCAM will enable users to work with much larger files and to achieve faster and more accurate results with certain graphic, toolpath generation and postprocessing functions. It will also provide higher efficiency and accuracy in evaluating machining operations with toolpath rendering and machine simulation, and provide full compatibility with 64-bit CAD systems, such as SolidWorks, Solid Edge and Autodesk Inventor.
About Gibbs and Associates and GibbsCAM
For over twenty five 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 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 certified for Microsoft's 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 Application Program, is a Solid Edge Certified Select 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, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, 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, call 1-800-654-9399, or visit the company on-line at http://www.gibbscam.com/.
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/.
The Gibbs logo, GibbsCAM, GibbsCAM logo, Virtual Gibbs, Gibbs SFP, SolidSurfacer, MTM 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, or registered trademarks of Microsoft Corporation in the United States and/or other countries. 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 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 Gibbs and Associates or 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 Cimatron'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. 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.
EDITOR'S NOTE: Electronic image available upon request.