GIVAT SHMUEL, Israel, July 10, 2013 /PRNewswire/ --
Cimatron Limited (NASDAQ: CIMT) has announced the integration of Celeritive's proven ultra high-performance toolpath technology, VoluMill, into CimatronE 11, the latest version of its acclaimed integrated CAD/CAM solution.
"Cimatron is committed to providing the very best technology available to promote reliability, accuracy and speed throughout the production process," said Mr Ira Bareket, Cimatron's VP Sales and Marketing.
"One of the most outstanding technologies that we have integrated into the latest version of our CimatronE solution is VoluMill, which provides shorter machining times while reducing tool wear.
"Operating in tandem with other CimatronE functionality, VoluMill maximizes material removal rates, offering up to three times faster machining, as well as prolonging the life of the tool."
The technology is available for two separate strategies in CimatronE:
- Pocket VoluMill- supports open pockets, 2D rest milling, and slotting or side-mill.
- Rough VoluMill - supports holder collision prevention, 3D stock update, and advanced between layers calculations.
The technology uses a high performance algorithm generating a high volume, yet constant material removal rate toolpath with smooth, stress-free moves between cuts, and cutting in sweet zones throughout, regardless of part shape. This results in dramatically shorter machining time and longer tool life.
"Cimatron's other leading machining solution, GibbsCAM, also features a VoluMill option, and GibbsCAM customers have seen tremendous gains as a result," said Mr Bareket.
CimatronE 11 also features a large range of enhanced and new functionalities across CAD and NC programming for mold and die makers and discrete part manufacturers. Further information is available at http://launch.cimatron.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 under the symbol CIMT. For more information, visit 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.
About Celeritive Technologies
Celeritive Technologies, developers of VoluMill, is one of the world's leading CAD/CAM technology innovators specializing in ultra high-performance toolpath solutions for the manufacturing industry. The guiding philosophy at Celeritive is to develop and supply economical and simple to implement toolpath generation solutions that allow CNC machine tools and cutting tools to operate at peak performance. Through dramatically reduced cycle times, manufacturing operations become more profitable, flexible, competitive, and maximize return on their capital investments. Located in Moorpark, California, Celeritive Technologies was founded by industry leading experts highly proficient in machining, programming and software development. For additional information, visit http://www.volumill.com.
For more information, contact:
Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-73-237-0114 email@example.com
Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-73-237-0298 firstname.lastname@example.org
Investor Relations contact: Ehud Helft/Kenny Green CCG Investor Relations Tel: (US) +1-646-201-9246 Cimatron@ccgisrael.com
SOURCE Cimatron Ltd