Cimatron Appoints Yossi Ben Shalom as New Chairman of the Board

    GIVAT SHMUEL, Israel, May 12 /PRNewswire-FirstCall/ - Cimatron Ltd.
 (Nasdaq:   CIMT), a leading developer of CAD/CAM solutions for the tooling
 industry, is pleased to announce the recent appointment of Yossi Ben Shalom as
 the Company's Chairman of the Board of Directors, replacing Rimon Ben Shaoul.
     Ben Shalom is currently a partner in DBSI, one of Cimatron's major
 shareholders. He was formerly VP Finance of Koor Industries, and currently
 serves as the Chairman of the Board of Nexus Telocation Systems Ltd. (NXUS).
     Ben Shaoul, CEO of Koonras Technologies, served as Chairman of the Board
 of Cimatron Ltd. since 2002. "We have great challenges ahead of us, but we are
 confident that we will reach our business objectives and maintain Cimatron as
 a market leader," comments Ben Shalom. "We thank Rimon for his two years of
 dedicated service and for his many contributions to Cimatron." Ben Shaoul will
 remain on as a member of the Board of Directors of Cimatron Ltd.
     Cimatron Ltd.'s major shareholders are Koonras Technologies, a subsidiary
 of Polar Investments, and the DBSI Investment group.
 
     About Cimatron
     Cimatron Ltd. (Nasdaq:   CIMT) is a leading developer of integrated CAD/CAM
 solutions for the tooling industry. Through its Data-to-Steel product
 philosophy, Cimatron is committed to providing mold, tool and die makers with
 comprehensive, cost-effective solutions that streamline manufacturing cycles,
 enable collaboration with outside vendors, and ultimately shorten product
 delivery time. Worldwide, more than 8,500 customers, with over 17,000
 installations in the automotive, consumer plastics, and electronics
 industries, employ Cimatron's leading CAD/CAM solutions for manufacturing.
 Founded in 1982, Cimatron Ltd. is publicly traded on the NASDAQ exchange under
 the symbol CIMT. Cimatron's subsidiaries and extensive distributor network are
 located in over 35 countries to serve customers worldwide with complete
 pre- and post-sales support. For more information, visit our web site at
 http://www.cimatron.com.
 
     This release contains certain forward-looking statements which involve
 known and unknown risks, uncertainties or other factors not under the
 Company's control which may cause actual results, performance or achievements
 of the Company to be materially different from the results, performance or
 other expectations implied by these forward-looking statements. These factors
 include, but are not limited to, those detailed in the Company's periodic
 filings with the Securities and Exchange Commission.
 
     For More Information Contact:
     Rose Malichi
     Phone: +972-3-531-2095
     Email: rosem@cimatron.com
 
 

SOURCE Cimatron Ltd.

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