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Cimatron Solutions Powering Milling, Mill-Turn & Multi-Tasking Machines in India

Poster: SySAdmin
Posted on November 9, 2011 at 11:56:01 AM
Cimatron Solutions Powering Milling, Mill-Turn & Multi-Tasking Machines in India

CimatronE and GibbsCAM capabilities to be displayed at Bharat Fritz Werner technical seminar in Rudrapor, India, on November 11, 2011

GIVAT SHMUEL, Israel, November 9, 2011/PRNewswire-FirstCall/ --

    Cimatron Limited [http://www.cimatron.com ] (NASDAQ and TASE: CIMT)
announced today that the leading Indian machine tool manufacturer, Bharat
Fritz Werner Ltd (BFW), will be featuring Cimatron at its forthcoming
evening seminar in Rudrapur, India.

    "I am delighted that Cimatron again has the opportunity to work with
BFW," said Edsel Vaz, Cimatron's country manager for India. "Cimatron
believes in forging strong relationships with machine tool builders as a way
of maximizing returns to our customers."

    Mr Vaz will be presenting a session on Cimatron at the seminar,
addressing the functionality of the company's signature products, CimatronE
and GibbsCAM. He will discuss the role CimatronE plays for both toolmakers
and manufacturers of discrete parts, especially the turbine blade segment,
as well as outlining GibbsCAM's powerful capabilities for lathe, mill-turn
and MTM.

    "CimatronE and GibbsCAM play an important role in Indian machining,
offering comprehensive CAD/CAM solutions for both milling and turning that
help organizations achieve quicker ROI from their machines," said Mr Vaz.

    CimatronE is an integrated CAD/CAM solution for both toolmakers and
manufacturers of discrete parts, which provides full associativity across
the manufacturing process, from quoting through design and delivery. Its
applications include: mold design, electrode design, die design, 2.5 to
5-axis NC programming and 5-axis discrete part production.

    GibbsCAM supports 2- through 5-Axis milling, turning, mill/turning,
multi-task simultaneous machining and wire-EDM. It also provides integrated
manufacturing modeling, including 2D, 2.5D, 3D wireframe, surface and solid
modeling.

    "I encourage the invitees to make full use of the presentation," said Mr
Vaz. "They should also feel free to contact us for an exclusive display on
how Cimatron can meet their machining needs."

    For further information on the seminar or to speak to Mr Vaz, email
info@cimatronindia.com.

    About Cimatron

    With over 28 years of experience and more than 40,000 installations
worldwide, Cimatron is a leading provider of integrated, CAD/CAM software
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
[http://www.cimatron.com/Main/general.aspx?FolderID)97&lang=EN ], die
design [http://www.cimatron.com/Main/general.aspx?FolderIDD70&lang=EN ],
electrodes design
[http://www.cimatron.com/Main/general.aspx?FolderIDE15&lang=EN ], 2.5 to 5
axes milling
[http://www.cimatron.com/Main/general.aspx?FolderIDD71&lang=EN ], wire EDM
[http://www.gibbscam.com/solutions/index.php?soX ], turn
[http://www.gibbscam.com/solutions/index.php?so=2 ], mill-turn
[http://www.gibbscam.com/solutions/index.php?page=modules-overview ], rotary
milling
[http://www.gibbscam.com/solutions/index.php?page=modules-overview ],
multi-task machining [http://www.gibbscam.com/solutions/index.php?so=2 ], and
tombstone machining
[http://www.gibbscam.com/solutions/index.php?page=modules-overview ].
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 and the Tel
Aviv Stock Exchange under the symbol CIMT. For more information, please
visit Cimatron's web site at: http://www.cimatron.com

    About BFW

    BFW is India's leading machine tool manufacturer. It recently acquired
majority stakes in the German machine tool company Matec, and entered into a
strategic alliance with Spinner, offering greater choice for material
removal with reduced set-ups through a much broader product base of high
technology turning machines, turn-mill and machining centers. BFW is
spearheading a project to plant 50,000 trees to propagate environment
protection, and is instituting scholarships for engineering students. The
company has also donated more than ten million Rupees to ensure better
healthcare for Indian citizens.

    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:

    Idit Pass Lagziel
    Marketing Manager
    Cimatron Ltd.
    Phone: +972-73-237-0298
    Email:  iditp@cimatron.com

    Ilan Erez
    Chief Financial Officer
    Cimatron Ltd.
    Phone: +972-73-237-0114
    Email:  ilane@cimatron.com

Source: Cimatron Ltd

.
 
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