Cimatron Offers Free Trial of Injection Molding Simulation

USA - English

• USA - English

GIVAT SHMUEL, Israel, February 8 /PRNewswire-FirstCall/ -- Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM solutions for mold, tool and die makers, as well as manufacturers of discrete parts, announced a new partnership with Coretech System, a leading provider of advanced 3D flow simulation for injection molding.

As a result of this new partnership, mold designers can now simulate and analyze the injection molding process from within CimatronE. This will enable users to ensure optimal placement of injection points, increasing the quality of the manufactured part.

Coretech's Moldex3D eXplorer analysis tool displays a full 3D visualization of the molding process, providing the inner temperature and pressure of the cavity. CimatronE users will be able to evaluate the welding line, air traps, flow balance, cooling time, the number of gates needed, and the location of the gates.

"The new integration of CimatronE with Moldex3D applications is an important step in the direction of strengthening our offering to cover not only quoting, mold design, electrode design and NC programming, but also flow analysis," said Ira Bareket, vice president of sales and marketing at Cimatron. "The advanced 3D flow analysis, that is now available to CimatronE customers, will help them maintain high standards, to stay ahead of the competition."

The Moldex3D eXplorer add-on is activated with only a few clicks in CimatronE and requires no additional training or CAD conversion. A report generator enables users to provide relevant feedback to their customers.

"We're very excited to announce the immediate availability of Moldex3D eXplorer for CimatronE." said Dr. Venny Yang, president of CoreTech System. "Moldex3D's professional true 3D parallel computing capability is now extended to support CimatronE users directly. Upfront molding CAE analysis becomes straightforward for every CimatronE user."

A free trial of the Moldex3D eXplorer can be obtained from CimatronE service providers worldwide; please log on to http://www.cimatron.com to find your local branch.

About Cimatron

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's shares are publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: http://www.cimatron.com

About CoreTech System Co., Ltd. & Moldex3D

CoreTech System Co., Ltd develops and markets Moldex3D CAE software. Founded in 1995, CoreTech's mission is to provide software, services, and solutions to the injection molding industry. Moldex3D is the world leading CAE product for the plastics injection molding industry. With the best-in-class true 3D analysis technology, Moldex3D can help plastic part and mold designers to in-depth simulate the widest application range of injection molding processes, to optimize product design and manufacturability, shorten time-to-market, and maximize product return-on-investment. In 20 years of development, CoreTech has successfully won the support of hundreds of customers through more than 4,000 case studies. Committed to provide the advanced technologies and solution for industrial demands, CoreTech has extended the worldwide sales and service network to provide local, immediate, and professional service. For the latest news and information, please visit our website at www.moldex3d.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            Ilan Erez
    Marketing Manager            Chief Financial Officer
    Cimatron Ltd.                Cimatron Ltd.
    Phone: +972-3-5312098        Phone: +972-3-531-2121
    Email: [email protected]    Email: [email protected]

SOURCE Cimatron Ltd