CimatronE to be Showcased at Major Brazilian Trade Show FMU, March 20-23, 2012GIVAT SHMUEL, Israel, March 15, 2012 — (PRNewswire) —
Cimatron Limited (NASDAQ and TASE: CIMT) today announced that independent Brazilian reseller CimaCAD will be showcasing leading CAD/CAM software solution CimatronE at FMU, Brazil's premier tooling, modeling and machining fair.
"Brazil hosts one of the world's largest manufacturing industries and Cimatron is continuing its push into this thriving market," said Alexandre Censi, Cimatron's country manager for Brazil.
"As one of the largest trade shows in South America, FMU offers us yet another opportunity to demonstrate how our integrated CimatronE solution can meet Brazilian manufacturers' evolving CAD/CAM needs."
CimaCAD is based in Joinville where FMU will be held. Its operations cover the Santa Catherina state area in southern Brazil. It is one of several CimatronE resellers across the country.
CimatronE's acclaimed mold making capabilities will be the focus of the CimaCAD booth at FMU. In particular, experts will be showcasing the software's strength as an integrated solution, from quoting to design and NC programming. CimatronE's acclaimed functionality includes data import, quoting, parting analysis, tool design, drafting, NC programming for 2.5 to 5-axis, and electrode creation.
The latest version of CimatronE offers powerful new features, including: analysis tools to establish parting directions and the parting line; location analysis for sliders and lifters; automated lifter and insert tools and early machining capabilities. In NC programming, CimatronE 10 offers background toolpath calculations, higher quality toolpaths for second rough operations, a new finishing strategy, and a new cutter library.
"Attendees at FMU will have the opportunity to see for themselves CimatronE's array of benefits, particularly how it improves project design and programming times, enhances product quality, and reduces production costs," said Mr. Censi.
FMU will be held from March 20-23, 2012. CimaCAD's CimatronE display will be at booth #63.
With 30 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 and ultimately shorten product delivery time.
The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrode design, 2.5 to 5 Axis 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 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
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Chief Financial Officer
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For more information on Cimatron's activities in Brazil, contact:
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SOURCE Cimatron Ltd