Page All:
Page 1
Cimatron Announces Third Reseller in Brazil
The Appointment is Part of an Aggressive Growth Plan in the Brazilian Market
GIVAT SHMUEL, Israel, January 24, 2011/PRNewswire-FirstCall/ -- Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM
solutions for mold, tool and die makers as well as manufacturers of discrete
parts, announced today that Fitso Solucoes em Tecnologia Ltda. has been
appointed to serve as a reseller of Cimatron's products in the Sorocaba
region and parts of Sao Paulo city, Brazil.
Fitso is based in Sorocaba city, a large industrial region around 100 km
from Sao Paulo city. The company was founded by Davi Assaf, a CAD/CAM expert
with several years of experience in CimatronE. Assaf and his team will
provide tool makers and manufacturers in the region with full sales and
support services, and help customers to shorten delivery times and reduce
costs.
The appointment of Fitso as reseller is part of an aggressive growth plan
in Brazil, which is one of the largest industrial centers in the global
community. Last December, Cimatron announced two new resellers for Brazil:
CimCAD, based in Joinville city, which covers the Santa Catherina state area
in southern Brazil, and MTC, located in Indaiatuba city, which serves the
Campinas region of Brazil.
"We are happy to welcome Fitso as Cimatron's third Reseller in Brazil",
said Alexandre Censi, Cimatron's country manager for Brazil. "Our efforts to
expand our presence through Resellers are proving successful, and we are
getting the word out that Cimatron is now stronger and more established in
Brazil."
About Cimatron
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, electrode design, 2.5 to 5 Axis
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, 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 on CimatronE's activities in Brazil please contact:
Alexandre Censi
Email: AlexC@Cimatron.com
Phone: +55-11-8272-8512
For More Information Contact:
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
Email: iditp@cimatron.com
Ilan Erez
Chief Financial Officer
Cimatron Ltd.
Phone: +972-73-237-2114
Email: ilane@cimatron.com
Source: Cimatron Ltd
For more information on CimatronE's activities in Brazil please contact: Alexandre Censi, Email: AlexC@Cimatron.com, Phone: +55-11-8272-8512; Idit Pass Lagziel, Marketing Manager, Cimatron Ltd., Phone: +972-73-237-0298, Email: iditp@cimatron.com; Ilan Erez, Chief Financial Officer, Cimatron Ltd., Phone: +972-73-237-2114, Email: ilane@cimatron.com
Cimatron Announces Third Reseller in Brazil
The Appointment is Part of an Aggressive Growth Plan in the Brazilian Market
GIVAT SHMUEL, Israel, January 24, 2011/PRNewswire-FirstCall/ -- Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM
solutions for mold, tool and die makers as well as manufacturers of discrete
parts, announced today that Fitso Solucoes em Tecnologia Ltda. has been
appointed to serve as a reseller of Cimatron's products in the Sorocaba
region and parts of Sao Paulo city, Brazil.
Fitso is based in Sorocaba city, a large industrial region around 100 km
from Sao Paulo city. The company was founded by Davi Assaf, a CAD/CAM expert
with several years of experience in CimatronE. Assaf and his team will
provide tool makers and manufacturers in the region with full sales and
support services, and help customers to shorten delivery times and reduce
costs.
The appointment of Fitso as reseller is part of an aggressive growth plan
in Brazil, which is one of the largest industrial centers in the global
community. Last December, Cimatron announced two new resellers for Brazil:
CimCAD, based in Joinville city, which covers the Santa Catherina state area
in southern Brazil, and MTC, located in Indaiatuba city, which serves the
Campinas region of Brazil.
"We are happy to welcome Fitso as Cimatron's third Reseller in Brazil",
said Alexandre Censi, Cimatron's country manager for Brazil. "Our efforts to
expand our presence through Resellers are proving successful, and we are
getting the word out that Cimatron is now stronger and more established in
Brazil."
About Cimatron
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, electrode design, 2.5 to 5 Axis
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, 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 on CimatronE's activities in Brazil please contact:
Alexandre Censi
Email: AlexC@Cimatron.com
Phone: +55-11-8272-8512
For More Information Contact:
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
Email: iditp@cimatron.com
Ilan Erez
Chief Financial Officer
Cimatron Ltd.
Phone: +972-73-237-2114
Email: ilane@cimatron.com
Source: Cimatron Ltd
For more information on CimatronE's activities in Brazil please contact: Alexandre Censi, Email: AlexC@Cimatron.com, Phone: +55-11-8272-8512; Idit Pass Lagziel, Marketing Manager, Cimatron Ltd., Phone: +972-73-237-0298, Email: iditp@cimatron.com; Ilan Erez, Chief Financial Officer, Cimatron Ltd., Phone: +972-73-237-2114, Email: ilane@cimatron.com