GIVAT SHMUEL, Israel, September 20 /PRNewswire-FirstCall/ -- Cimatron (NASDAQ: CIMT - News), a leading provider of integrated CAD/CAM solutions for tooling and manufacturing, continues to demonstrate strong presence in the Asian market with participation in the first ever Asiamold trade fair, to be held September 27-29 in Guangzhou, China.
"Cimatron has been enjoying significant growth in Asia," said Danny Haran, Cimatron''s President and Chief Executive Officer. "The establishment of the Asiamold venue provides us with an excellent opportunity to showcase our best-in-class integrated mold making solution suite."
Cimatron''s CAD/CAM solutions address the entire mold making process-from quoting to design, engineering changes, NC programming and EDM -enabling mold makers to deliver higher quality tools at lower costs and shorter cycle times.
A recent independent study by the Aberdeen Group confirms that Cimatron customers are able to achieve significantly faster delivery times than those generally offered in the industry.
With a one-stop dedicated mold design solution, mold makers no longer need to spend valuable time attempting to construct the unique features of a mold using general-purpose CAD applications. Utilizing powerful mold-specific design functions, the entire design work is done in a single environment, allowing mold makers to complete even the largest and most complex molds with unprecedented speed and quality.
Cimatron NC programming is tightly integrated with the design functionality, providing the full range of NC technologies needed to machine any mold, from simple 2.5-axis milling and drilling to complex 5-axis and micro milling.
"We selected Cimatron to replace our previously-used software because it satisfies our functional requirements for the entire mold making process from design to machining," said Mr. Nishibori Tsutomu General Manager of the Kuni-Stars Mechatronics R&D Co. facility in Xiangfan, China. "The software has specialized mold making capabilities that enables us to be more efficient and contributes to faster development time for high quality molds."
"Mold makers that use disparate systems that are not suitable for mold making are finding it tough to meet customer demands for quality and delivery times," said Lang Yan, General Manager, Cimatron China. "We continue to see a strong demand for solutions that provide specific mold making functionality and support the entire design and manufacturing process. It is important for us to show local mold makers how they can leverage Cimatron''s solutions in order to be more successful."
Visit Cimatron at Asiamold, September 27-29, 2007
Hall A, Stand #E17
About Cimatron
With more than 20,000 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. Cimatron''s cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, 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 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 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: Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-3-5312098 Email: iditp@cimatron.com Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-3-531-2121 Email: ilane@cimatron.com Yael Nevat Commitment-IR.com Phone: +972-3-611-4466 +972-50-762-6215 Email: yael@commitment-IR.com
Source: Cimatron Ltd
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