Novi, MI – January 27 2011 - Cimatron Technologies Inc., a subsidiary of Cimatron Limited (Nasdaq: CIMT), announced today that it will host a webinar offering practical tips on how to meet the challenges of the micro-milling industry on Feb 17th 2011.
Cimatron is a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts.
More and more industries (medical, optics, computer equipment, etc.) depend on the ability to cost-effectively manufacture very small, high-precision molds and parts. The increasing demand provides attractive opportunities for mold makers and manufacturers who are able to fulfill the quality and delivery time requirements of such jobs.
Micro-scale components and products also present toolmakers with new and diverse challenges; micro-molders often work with new materials, they utilize special mold coatings, machine with very small tools and must reach sub-micron-level accuracy.
The Feb 17th webinar will provide practical tips to help manufacturers overcome these challenges and make the most out of the micro-milling opportunity.
The webinar will be led by Ralph Picklo, VP Sales at Cimatron Technologies. Picklo works closely with customers in the micro-molding and micro-production fields to increase quality and reduce delivery times in cost effective ways. He has over 20 years of experience in the manufacturing industry.
"Micro-milling is a hot topic right now," said Picklo. "Cimatron was the first to release a CAM solution dedicated to micro milling several years ago, and has gathered a wealth of experience regarding all aspects of micro-production. We're looking forward to the opportunity to share our knowledge with customers and other manufacturers that will attend this webinar."
To sign up for the webinar, which takes place on Thursday, February 17 @ 2:00pm EDT, please go to https://www2.gotomeeting.com/register/335165058.
With over 28 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, 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 about Cimatron and its micro-milling solutions, 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:
Director of Marketing
Cimatron Technologies Inc.
Phone: +1 248 596 9700
Chief Financial Officer
Phone: +972 73 237 2114