Givat Shmuel, Israel - January 21, 2009 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced that its CimatronE software will be used to program top of the line milling machines at the prestigious Indian Metal-Cutting Machine Tool Exhibition (IMTEX).
Participants at the trade show will see, first hand, the precision cutting and efficient production that CimatronE software facilitates. CimatronE provides NC programming solutions both for toolmaking and discrete part production. Various parts, programmed by CimatronE, will be cut on several 3-Axis and 5-Axis machines at the booths of machine tool builders BFW (Booth: A102, Hall: 1A), DMG (Booth: B103, Hall: 2A), SEC (Booth: A117, Hall: 2A) and Mitsubishi Electric (Booth: N102, Hall: 3A).
BFW will display the cutting of an aerospace joystick on the BMV 5AX machine. CimatronE makes full use of 5-Axis technology, allowing for production of the complete part in one set-up with a high level of accuracy and an impressive polish-free surface quality.
Visitors to the BFW booth will also see a football trophy cut by the HMC 540 5AX machine and a blade for the aerospace engine industry created by the BMV 65 machine. CimatronE allows for the accurate production of the 100mm long blade with a maximum thickness of 3mm, without the use of a tailstock.
Visitors to the DMG booth will see the cutting of a hardened steel (57Hrc) dental implant using the Ultrasonic 20 5-Axis machine, programmed by CimatronE.
Examples of CimatronE 3-Axis programming capabilities for toolmaking will be on display at DMG (on the DMC 635 V eco Vertical Machining Center), BFW (on the BMV 35 machine), Mitsubishi Electric and SEC (with the K23-S machine). Parts of molds will be produced using 3-Axis machines, and are powerful examples of accuracy and high surface quality required for toolmaking.
With over 40,000 installations worldwide, Cimatron is a leading provider of CAD/CAM solutions for toolmaking and manufacturing. CimatronE’s NC solutions include powerful built-in CAD capabilities that help prepare the geometry for best machining results.
Cimatron NC 3-Axis and 3+2 positioning milling solution provides a toolpath for the milling of complex mold and die components, utilizing HSM technology with efficient rough operations that will reduce machining cycle time and elongate tooling & machine life by keeping constant chip load as much as possible. Finish toolpath operations will create superb surface quality to minimize the need for hand polish with the usage of toolpath extension, sharp edge milling and contour as touch points.
Cimatron NC 5-Axis Production supports continuous milling, providing full control over the tilt and lead angles as well as complete gouge and collision prevention. Touch-of-a-button 5-Axis tilting solution is especially suitable for parts with deep cavities, narrow ribs, and tight corners, allowing the use of shorter and more rigid tools for rapid machining and superb surface quality.
Cimatron’s 5-Axis solution includes a rich set of solutions to streamline 5-Axis machining of common applications such as impellers, turbine blades, inlets, human implants, electrodes, and engraving. To simplify the integration of the application into the 5-Axis manufacturing environment, an extensive selection of post-processors is provided by Cimatron.
"We are very excited about partnering with leading machine tool builders." said Danny Haran, Cimatron's President and CEO. "Cimatron has worked in the Indian market for almost 20 years and intends to continue expanding its presence in this part of Asia. At the trade fair, visitors will see how CimatronE effectively programs some of the most advanced machines available. This will show that our software not only looks good on the computer screen, it also produces a stellar finished product."
The 14th Indian Metal-Cutting Machine Tool Exhibition is taking place January 22-28 at the Bangalore International Exhibition Centre (BIEC). IMTEX fair, organized by Indian Machine Tool Manufacturers' Association (IMTMA), has been the single-most important international fair for showcasing the latest in metal working machine tools and manufacturing solutions as well as for trade promotion in South and South-East Asia for the last four decades. Additional details are available at http://www.imtex.in/.
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.
For More Information Contact:
Idit Pass Lagziel
Phone: +972 3 5312098
Chief Financial Officer
Phone: +972 3 531 2121
Phone: +972 3 611 4466
+972 50 762 6215