GIVAT SHMUEL, Israel, September 4, 2012 /PRNewswire/ --
Cimatron Limited (NASDAQ and TASE: CIMT) today announced that CimatronE 11, the newest version of its integrated CAD/CAM software solution, will be unveiled at the IMTS trade show (Chicago, September 10-15, 2012).
"CimatronE 11 is by far our most powerful version to date and is expected to transform our users' productivity levels like never before," said Mr Ira Bareket, Cimatron's VP Sales and Marketing. "Its enhancements and new capabilities make CimatronE 11 a 'must have' for any tool shop and machining facility looking to achieve success in a tough competitive market."
Key productivity improvements offered by the new version include:
- Streamlined Engineering Change Order (ECO) management
A new ECO application enables mold designers to manage an unlimited number of Engineering Change Orders while maintaining the integrity of previous design modifications. The application will dramatically shorten overall mold design time, particularly for parts that require significant mending to meet manufacturing requirements.
- Advanced analysis capabilities
New advanced analysis capabilities have been added to multiple functions. These capabilities, such as Springback Deform and Wall Thickness analysis, allow toolmakers to identify issues on the screen before moving to the expensive production phase.
- Ultra-fast high volume material removal
Integration of the acclaimed VoluMill technology into Cimatron's 2.5-Axis and Rough applications enables ultra-fast removal of high volumes of material, resulting in shorter machining times and reduced tool wear.
- Quick & efficient NC process programming
The new landmark Quick NC Process is a programming productivity application that employs a range of capabilities for rapid batch-style definition and replication of the entire machining process, whether for single or multiple parts.
- Rapid electrode design and machining
CimatronE 11 provides greater centralized control over visibility, enhanced set definition, and Quick NC Process for the super-fast programming and machining of single or multiple electrodes.
- Flexible and intuitive die design
A new framework for the creation of Progressive and Transfer dies offers more informed die selection and concurrent work by die designers. In addition, the new Transfer Shapes nesting tool optimizes material usage for Transfer dies.
Additional performance and usability improvements throughout all modules of CimatronE 11 deliver additional productivity gains and an enhanced user experience.
"I invite all tool makers and manufacturers attending IMTS to visit the Cimatron booth and see firsthand the many benefits of CimatronE 11," said Mr Bareket.
The Cimatron display at IMTS will be at booth # E-3310
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