GIVAT SHMUEL, Israel,
March 31, 2014 /PRNewswire/ --
Cimatron Limited (NASDAQ: CIMT) announced today that its
acclaimed integrated CAD/CAM software, CimatronE, will be
demonstrated at the booth of reseller NTI CADcenter at the VTM
trade show in Denmark,
April 1-4, 2014, booth #5107.
CimatronE is used by many Danish manufacturers with great
success. Among local customers is the foundry company, Dansk
Skalform, a fabricator of small and complex molded thin-walled
castings. The shop recently performed a cutting job using CimatronE
with the integrated VoluMill ultra-high performance machining
technology. The cutting was performed onsite together with tool
vendor KJV and NTI CADcenter on the shop's CNC machine.
"CimatronE with VoluMill and the sidemilling tool from KJV gave
us a fantastic new setup for efficient roughing," said Peter Dissing, Dansk Skalform's CEO.
"It was amazing to see the amount of chips being cut from the
stock in record time. Cutting time was reduced by some 49% with the
VoluMill technology and it was even possible to increase the feed
rate to 150% without pushing the machine or the cutting tool to its
limits."
Dansk Skalform started using CimatronE's new VoluMill at the end
of 2013, but Mr. Dissing says that the company has already
benefitted from the decision: "We use CimatronE with VoluMill as
much as possible when performing rough operations. It sounds
efficient, runs effectively, and continues to help us reduce our
costs."
CimatronE's VoluMill functionality will be demonstrated at VTM
at the booth of NTI CADcenter. CimatronE's other mold design and NC
programming capabilities will also be shown, including: parting,
electrode, automated drilling, and 2.5-5 axis milling.
About Cimatron
With over 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, visit
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
ilane@cimatron.com
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
iditp@cimatron.com
Investor Relations contact:
Ehud Helft/Kenny Green
GK Investor Relations
Tel: (US) +1-646-201-9246
cimatron@gkir.com
SOURCE Cimatron Ltd