GIVAT SHMUEL, Israel, April 17, 2012 /PRNewswire/ --
Cimatron Limited (NASDAQ and TASE: CIMT) has announced that its leading software products for machining and tooling will be featured at the forthcoming Seoul International Manufacturing Technology Show (SIMTOS), Korea.
"The modern manufacturer faces so many challenges, especially in trying to reduce product turnaround times while maximizing quality and minimizing costs," said Mr. SK Lee, Cimatron's General Manager for Korea.
"This is where CimatronE and GibbsCAM come in, offering a powerful array of capabilities that have the potential to meet these challenges head on, giving manufacturers a significant boost to their overall levels of performance."
In addition to powerful CAD tools for NC, CimatronE provides solutions that include 2.5- to 5-axis milling for any job type, a rich machining strategies library, advanced collision detection and machining simulations, and post-processors for any machine and controller.
"Among the many recent enhancements to CimatronE is the groundbreaking NC SuperBox, the world's first toolpath acceleration device," said Mr. Lee.
"NC programmers find that their ability to work on concurrent tasks is significantly enhanced with the offloading of background toolpath calculations to the SuperBox, leading to increased tool shop productivity."
GibbsCAM caters to a diverse range of machining needs, offering 2- to 5-Axis milling, turning, mill/turn, rotary milling, high speed machining, Swiss, wire EDM, tombstone machining and multi-task machining.
"Popular for the variety of solutions it offers, GibbsCAM has become particularly renowned as one of the very few CAM products capable of powering Multi Tasking Machines," said Mr. Lee.
"While MTM machines increase accuracy and productivity, they are notoriously extremely complex to efficiently program and run. GibbsCAM is proud to be the conduit for the effective use of these machines throughout Korea, with years of experience in the industry and a library of over 12,000 post processors supporting even the most complex machine."
The Cimatron booth at SIMTOS will feature customer stories, video simulations and data sheets depicting the success and speed at which CimatronE and GibbsCAM power the manufacturing process.
"I invite SIMTOS delegates to visit our booth to see why CimatronE and GibbsCAM have become the solutions of choice for so many manufacturers in Korea and across the world," said Mr. Lee.
The Cimatron booth will be in Hall 8, stand 8B439.
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
Email: [email protected]
Chief Financial Officer
Email: [email protected]
SOURCE Cimatron Ltd