Cimatron Grows Stronger in Turkey CimatronE 11 to be previewed at Tekyaz booth at Maktek
GIVAT SHMUEL, Israel, October 3, 2012 /PRNewswire/ --
Cimatron Limited (NASDAQ and TASE: CIMT) is continuing its promotion of the acclaimed integrated CimatronE CAD/CAM solution among Turkish tool shops and manufacturers with a display at the Maktek Eurasia trade show in Istanbul, October 2-7, 2012.
"Turkey hosts one of Europe's fastest growing manufacturing sectors, and we are proud to see an impressive growth in the demand for our CimatronE solution in this incredible market," said Mr Ira Bareket, Cimatron's VP Sales and Marketing.
"Hundreds of Turkish toolmakers have already found CimatronE critical to their ability to gain a competitive edge and deliver high quality tools much faster. We've just added over a dozen new customers in Turkey in a space of only one month, and Maktek will likely present us with opportunities for further growth.
"One of the highlights of the CimatronE display at Maktek will be the opportunity for delegates to preview the key capabilities to be featured in our forthcoming software release - CimatronE 11. Containing an impressive range of enhancements and new functionalities, CimatronE 11 offers customers an unprecedented level of speed, efficiency and quality in the production of molds, dies and discrete parts."
CimatronE offers a fully integrated CAD/CAM experience, covering all aspects of the design and manufacturing process:
For mold shops, CimatronE provides: reliable data import and quoting; flawless parting; mold base creation; core, cavity and slider design; lifter and insert placement; ejection and cooling system creation; runner design; motion analysis and collision detection; and drafting. Among CimatronE 11's mold making capabilities to be previewed at Maktek is the enhanced Assembly Mirror application, offering dramatic time savings with the ability to mirror entire assemblies while maintaining their structure.
For die shops, CimatronE features advanced functionality for: blank design and forming; die strip layout; tool design (die sets, punches, catalog parts); and motion analysis and collision detection. Maktek will showcase the new Springback Analysis, an analysis tool for dies that estimates the springback effect after forming operations, reducing the need for costly trial and error on the shop floor.
CimatronE's NC programming capabilities include: CAD for NC functionality; efficient roughing; high quality finishing; 2.5-5-axis milling; plate machining and drilling; advanced micro-milling; simulation and post-processor support; and NC setup and tool table reports; and error-free electrode burning and manufacturing. One of the outstanding NC programming features in CimatronE 11 is the VoluMill strategy for ultra-high volume material removal in both 2.5-Axis and 3-Axis Rough.
The CimatronE display at Maktek is hosted by reseller Tekyaz at booth #403.
For further information on CimatronE, visit http://www.cimatrone.com.
With 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 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 and the Tel Aviv Stock Exchange under the symbol CIMT. For more information, please visit Cimatron's 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 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 Cimatron'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 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 Cimatron's filings with the Securities and Exchange Commission. Cimatron 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
Chief Financial Officer
SOURCE Cimatron Ltd