GIVAT SHMUEL, Israel, May 13, 2013 /PRNewswire/ --
Cimatron Limited (NASDAQ: CIMT) today announced that the new CimatronE 11, the latest version of its integrated CAD/CAM software solution, will be demonstrated at the Eastec trade show in West Springfield, MA, May 14-16, 2013.
"CimatronE 11 offers an unparalleled range of automations, analysis tools and applications that are set to boost overall productivity for mold and die shops," said Mr Bill Gibbs, Cimatron's President North America.
"Among the software's solutions for mold designers are a new ECO Manager for effective handling of engineering change orders, and enhanced automation in electrode programming. Die designers will benefit from a new flexible die design environment, a nesting tool, and springback analysis that reduces shop-floor trial-and-error. For NC programming there are major enhancements across automated drilling, 5 axis machining, and Rough and Finish.
"I am confident that CimatronE 11 will be hailed by manufacturers in North America and worldwide as the one of the smartest, most innovative and user-friendly CAD/CAM solutions on the market, able to effectively boost shop performance levels."
The CimatronE 11 display at Eastec will be held at booth #5426. Key CimatronE 11 new and enhanced capabilities that will be demonstrated at the show include:
- Lifters - Easy pocket creation for lifters during the parting design or tool design stages.
- Electrodes - Super fast electrode design and manufacturing, including greater programming automation with geometry coloring and single-color set definition, and highly automated programming in Finish.
- VoluMill - Ultra high volume material removal tool for shorter machining times and longer tool life in both Pocket and Rough.
- 5 axismilling - new strategies, including new automatic tilting, enhanced gouge and collision check, new capabilities for swarfing, improved multi-blade machining, and new machine simulation modes.
- Automated drilling - enhancements include gouge prevention while drilling and collision prevention during connections, as well as more flexible and powerful sequences for handling a wide range of holes.
For more information about CimatronE 11, visit http://launch.cimatron.com .
With more than 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, 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:
Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-73-237-0114 Email: firstname.lastname@example.org
Investor Relations contact: Ehud Helft/Kenny Green CCG Investor Relations Tel: (US) +1-646-201-9246 Email: Cimatron@ccgisrael.com Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-73-237-0298 Email: email@example.com
SOURCE Cimatron Ltd