Cimatron Solving Canadian Die Shop Needs

GIVAT SHMUEL, Israel, March 19, 2012 /PRNewswire/ --

Cimatron Limited (NASDAQ and TASE: CIMT) has announced that it will be featuring its integrated CimatronE DieDesign solution at the FabTech Canada trade show.

"With hundreds of customers across Canada, our CimatronE integrated CAD/CAM solution remains front and center in meeting Canadian tool shops' evolving needs," said Mr. Bill Gibbs, Cimatron's President North America.

Designed with the die maker in mind, the integrated CimatronE DieDesign software handles all types of die production, no matter the die type or the level of complexity involved. It covers all steps in the production process, from quoting to design, machining, and wire EDM.

Key features of the software include:

• DieQuote generator - quick quote generation by automatically retrieving information from the CimatronE strip design and merging it with cost information set by the user. Includes a database for storing and retrieving detailed customer information, including previous quotes.

• Die design - data import from a large variety of standard and native formats; blank design and forming with automated blank calculation, springback compensation and finite element analysis tools; a dedicated strip design environment; die tool design with applicative tools for creating trimming and forming punches; a wide variety of catalog parts; collision detection and motion analysis; and drafting.

• NC and Wire EDM programming - built-in CAD functionality; background toolpath calculations; efficient roughing; high quality finishing; 5-axis capabilities; plate machining and drilling; a rich library of post-processors; and NC Setup and tool table reports.

The most recent version of CimatronE DieDesign includes notable enhancements such as a new "insert forming shape" feature that creates a far more flexible strip design process, allowing users to insert additional forming shapes (stations) at any point during design, while maintaining complete associativity. There is also faster, more automated trimming punch creation, and the system now supports split matrixes (used to simplify the manufacturing process) and several new types of fasteners.

"Our CimatronE DieDesign solution is a surefire way to boost your shop's productivity levels while ensuring a high level of product quality and reliability, and I invite anyone considering attending FabTech Canada to check out our booth and see how powerful a solution CimatronE really is," said Mr. Gibbs.

The Cimatron display at FabTech Canada will be at booth #1234.

Visit the Cimatron website to view videos of CimatronE's DieDesign capabilities.

About Cimatron

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 exchange and the Tel Aviv Stock Exchange 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:
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
Email: [email protected]
Ilan Erez
Chief Financial Officer  
Cimatron Ltd.    
Phone: +972-73-237-0114
Email: [email protected]

SOURCE Cimatron Ltd

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