MOORPARK, California, April 17, 2014 /PRNewswire/ --
Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, announced today that its GibbsCAM® software has been certified for Autodesk Inventor 2015 3D mechanical design software under the Autodesk Certified Apps Program. This marks the fourteenth consecutive year that GibbsCAM has been certified under the program.
Digital prototyping with Autodesk Inventor software helps manufacturers to digitally design, visualize and simulate how a product will work under real world conditions before it is built. GibbsCAM directly opens Autodesk Inventor part models, allowing CNC programmers and machinists to easily and readily program machine tools from the models, extending cost reduction and efficiency through the programming and machining processes. Certification demonstrates that the product is of high quality and up to date, and that it provides the highest level of interoperability with Autodesk Inventor software.
"We are gratified for our continuing partnership with Autodesk and for Autodesk's recognition of GibbsCAM interoperability with Autodesk Inventor," said Robb Weinstein, Senior Vice President of Sales and Strategic Planning of Gibbs and Associates, a Cimatron subsidiary. "Our commitment to joint customers around the world remains unchanged, despite changing marketplace dynamics, as we continue to optimize the CNC-programming power and flexibility GibbsCAM provides Autodesk users."
"We are very pleased to have Gibbs and Associates affirm their continuing dedication to interoperability with Autodesk Inventor through Inventor certification for GibbsCAM," said Carl White, Senior Director, Manufacturing Engineering, Autodesk. "Having companies like Gibbs and Associates as partners is highly beneficial to our manufacturing customers."
GibbsCAM offers seamless integration with Autodesk Inventor, by directly reading Autodesk Inventor IPT (part model) files, preserving all color information, CAD and hole features and attributes assigned within Inventor to provide continuity in recognizing and communicating part and feature attributes. Alternatively, with the GibbsCAM Autodesk Inventor Add-in, the Inventor user can transfer files directly into GibbsCAM with the "Transfer to GibbsCAM" menu option of Inventor software running on the same workstation. Once machining processes are defined in GibbsCAM, they are automatically updated when the Inventor model is revised.
In addition to its perennial certification of GibbsCAM for Autodesk Inventor, Gibbs and Associates offers a GibbsCAM Plug-in for Autodesk Vault to allow interaction between GibbsCAM and the Autodesk data management software, is an authorized member of the Autodesk Developer Network and is an Autodesk Authorized Independent Software Vendor.
Autodesk, the Autodesk logo, Inventor are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries.
About Gibbs and Associates and GibbsCAM
For over 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, 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 http://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 Ltd., or 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, electrode 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:
Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-73-237-0114 firstname.lastname@example.org
Yvonne Anderson MarCom Manager Gibbs and Associates +1(805)523-0004 YvonneA@GibbsCAM.com
Investor Relations contact: Ehud Helft/Kenny Green CCG Investor Relations Tel: (US) +1-646-201-9246 Cimatron@ccgisrael.com
SOURCE Cimatron Ltd