MOORPARK, CA – September 4, 2008 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that, in addition to demonstrations within Gibbs and Associates exhibit at IMTS 2008, D-3001, it will demonstrate the GibbsCAM software in the Mazak Corporation exhibit, A-8101. Featured functionality include the enhancements within the forthcoming GibbsCAM 2009 release, MTM software, and post processors for the Mazak product line, including the Integrex series, Integrex e-series, Multiplex series, Quick Turn series, Hyper Quadrex Model 150 MSY, and the VariAxis series.
"We are always excited to collaborate with our long-time partner in presenting the latest technology," explains Robb Weinstein, Gibbs' Senior VP, Sales and Strategic Planning. "Working with Mazak Technical Centers around the world enables us to support the full range of capability offered by Mazak CNC machines, from the simplest lathes to the most complex 5-axis machining centers and multi-axis, multi-spindle, multi-turret MTM machines. Participation in the Mazak exhibit affords us the opportunity to demonstrate to Mazak customers that GibbsCAM provides the productivity tools that allow them to optimize the efficiency and throughput of their Mazak machines."
The latest GibbsCAM features include advanced 3D high speed machining, a unique array of MTM functions, and post processors for Mazak machine tools. Key post processor and other functions for Mazak MTM include:
- Synchronization with GibbsCAM MTM Synch Manager to optimize turret utilization and cycle times,
- Pinch or balanced turning, to work simultaneously with upper and lower turrets on the same spindle,
- Double or synchronized milling, for simultaneous milling and drilling with upper and lower turrets on the same spindle,
- Y-axis support on all turrets,
- Simultaneous 4 and 5-axis machining,
- Machine simulation for visual verification and collision detection and avoidance,
- Flash Tool support, multiple tools in one for fast index, and
- Gang style tool-holder-block support for fixed and live tools in machine simulation.
For more information about GibbsCAM, go to www.GibbsCAM.com, call 1-800-654-9399, or email [email protected]. For more information about Mazak Corporation and their line of machine tools, visit www.Mazak.com.
About Gibbs and Associates and GibbsCAM
For over twenty years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support successful customers require.
The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM has received Microsoft's "Designed for Windows XP/2000" and "Works with Windows Vista" certifications. GibbsCAM's data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Application Program, is a Solid Edge Certified Select Product, and is a SolidWorks Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, and Tornos. Gibbs and Associates distributes its products worldwide through a network of international Resellers.
In January 2008, Gibbs and Associates merged with Cimatron Ltd, and is now operating as a wholly owned subsidiary. For more information about Gibbs and Associates and its CAM software packages, call 1-800-654-9399, or visit the company on-line at www.GibbsCAM.com.
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 www.cimatron.com.
The Gibbs logo, GibbsCAM, GibbsCAM logo, Virtual Gibbs, Gibbs SFP, SolidSurfacer, MTM and "Powerfully Simple. Simply Powerful." are either trademark(s) or registered trademark(s) of Gibbs and Associates in the United States and/or other countries. Microsoft, Windows, and the Windows logo are trademarks, or registered trademarks of Microsoft Corporation in the United States and/or other countries. All other brand or product names are trademarks or registered trademarks of their respective owners.
Safe Harbor Statement
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 Gibbs and Associates or 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 Cimatron'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. Gibbs and Associates and Cimatron undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.