MOORPARK, CA – August 25, 2008 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today of a new enhancement in its GibbsCAM® product that will be showcased at IMTS 2008. The enhancement introduces a complete range of advanced 3-axis milling functionality for the GibbsCAM SolidSurfacer with support for high-speed machining (HSM). IMTS is being held at the McCormick Place in Chicago, Illinois on September 8th – 13th, 2008.
“The new 3-axis surface machining capabilities provide more control and flexibility in toolpath generation with integral high-speed machining support,” states Bill Gibbs, founder and president of Gibbs and Associates. “We continue to expand on GibbsCAM’s world class production machining capabilities. The new functionality is in keeping with GibbsCAM’s tradition of uniquely blending ease-of-use and powerful capabilities, a combination that can’t be beaten in production machining.”
Advanced 3D with HSM enhancement for SolidSurfacer® includes:
- Toolpath strategies optimized for high speed and hard material machining
- 3D rest or material-only machining
- Support for tapered tool shapes
- New types of finishing processes including constant step-over and steep-shallow combination
- Multi-surface flowline machining
- Improved toolpath quality with smooth corners, stepovers and arc fitting
- Improved use of boundaries and precise control of machining area
- Enhanced entry/exit control with blends and optimized clearance moves
- Direct machining of imported STL files
- Automatic Core/Cavity detection for inside out or outside in milling
- Operation splitting for tool wear and for optimal length out of holder
- Multi-threaded for multi-CPU machines and to support batch toolpath generation
- Automatic filleting of a surface to avoid sharp concave corners
Enhancements introduced across the entire product line with the latest release of GibbsCAM will also be demonstrated at IMTS 2008.
For more information about GibbsCAM, GibbsCAM’s production machining capabilities or to see the capabilities introduced with GibbsCAM 2008, go to the GibbsCAM booth, #D-3001. Information about GibbsCAM is also available at the company’s website, http://www.gibbscam.com/. For information about CimatronE, Cimatron’s solution for tooling manufacturing, please visit the Cimatron booth at IMTS, D-3037, or go to the company’s website, http://www.cimatron.com/.
About Gibbs and Associates and GibbsCAM
For over twenty years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs’ goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support successful customers require.
The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM has received Microsoft’s “Designed for Windows XP/2000” and “Works with Windows Vista” certifications. GibbsCAM’s data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Application Program, is a Solid Edge Certified Select Product, and is a SolidWorks Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, and Tornos. Gibbs and Associates distributes its products worldwide through a network of international Resellers.
In January 2008, Gibbs and Associates merged with Cimatron Ltd, and is now operating as a wholly owned subsidiary. For more information about Gibbs and Associates and its CAM software packages, call 1-800-654-9399, or visit the company on-line at http://www.gibbscam.com/.
With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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, enable collaboration with outside vendors, 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 is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company 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 the company’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 the future performance and involve risks and uncertainties, many of which are beyond the company’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 cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company’s filings with the Securities and Exchanges Commission. The company 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.
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EDITOR’S NOTE: Electronic image and caption available upon request.
For More Information Contact:
Marketing Communications Manager
Gibbs and Associates
Phone: +805 523-0004
Fax: +805 523-0006
Chief Financial Officer
Phone: +972 3 531 2121
Phone: +972 3 611 4466
+972 50 762 6215