Givat Shmuel, Israel, – January 18, 2007– Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced that the newest version of its flagship product, CimatronE, will feature built-in NC-Preview functionality, graphically presenting NC procedure input data and approximated results within only seconds.
Iterations in NC programming are a natural part of the process, typically involving lengthy calculations and simulations that could waste hours of precious programming time.
Cimatron's new NC Preview technology dramatically reduces long iteration cycles. Activated before the procedure is calculated, Cimatron's NC-Preview visualizes the effects of changing various input parameters such as machining strategy, tool size and length – in only seconds, instead of hours. It also visualizes the expected stock after machining and analyzes anticipated remaining material. NC-Preview enables NC programmers to quickly optimize machining strategy and parameters - eliminating small errors before they become large ones, and making on-the-fly changes for "get it right the first time" productivity, without time-intensive trial-and-error iterations.
"Cimatron is constantly focused on improving our clients' productivity," noted Danny Haran, President and CEO of Cimatron. "NC-Preview is an excellent example for Cimatron's innovative built-in productivity tools that meet real-world toolmaker and manufacturers' needs," he concluded.
Cimatron is a leading provider of integrated, CAD/CAM solutions for toolmaking and manufacturing. Cimatron is committed to providing mold, tool and die makers with comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time. With more than 20,000 installations worldwide, Cimatron's customers employ Cimatron's cutting-edge CAD/CAM solutions for manufacturing in the automotive, consumer plastics, medical, electronics, and other industries.
Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron's subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, please visit 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 the company'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 the future performance and involve risks and uncertainties, many of which are beyond the company'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 cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company 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:
Mrs. Idit Pass Lagziel
Phone: +972 3 5312098