Cimatron Incorporates Largest GibbsCAM Reseller in Germany Into Cimatron and Adds a Sixth Office to its Nationwide Network
According to the new arrangement, Mr. Andreas Reitz, the founder and General Manager of DTR, has joined Cimatron along with DTR's employees. DTR's office in Breidenstein will now be added to the established Cimatron network already present in Ettlingen, Hamm, Ismaning, Cologne, and Nuremberg. The Virtual Gibbs product is now actively sold and supported through all the Cimatron GmbH offices.
"We are very excited to join the highly regarded network of Cimatron Group in Germany," said Andreas Reitz, founder and General Manager of DTR. "Cimatron provides a well established technical and commercial infrastructure that will provide Virtual Gibbs a platform for growth and expansion in Germany."
"We are very happy to welcome the DTR team and their customers into the Cimatron Family," said Dirk Dombert, Managing Director of Cimatron GmbH. "Mr. Reitz and his team have been very successful introducing Virtual Gibbs into the German market. It is now time to capitalize on this success and take the Virtual Gibbs business in Germany to the next level. Virtual Gibbs is an excellent product that allows us to widen the spectrum of our offering into additional manufacturing segments of the German market. The addition of the DTR team into Cimatron GmbH enables us to expand without affecting the success we have with CimatronE."
"When Cimatron and Gibbs first merged just over a year ago, we envisioned the potential of leveraging these two complementary solutions and their respective distribution channels to grow our overall market share," said Ira Bareket, Vice President of Sales and Marketing of Cimatron Group. "The incorporation of the DTR team into Cimatron is an example of the unleashing of this potential in one of our leading territories. I am thrilled by the instant expansion of our German operation that will help us achieve maximum customer satisfaction and potential revenue growth in Germany in the shortest possible time."
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
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