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Celeritive Technologies Signs VoluMill(TM) License Agreement with Cimatron

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Celeritive Technologies, Inc.
28248 N. Tatum Blvd.
Cave Creek, AZ, 85331
USA





Press release date: September 27, 2011

CAVE CREEK, AZ - Celeritive Technologies, Inc., developers of VoluMill(TM), announced that it has signed a license agreement with Cimatron (NASDAQ and TASE:CIMT), headquartered in Israel, for its VoluMill technology. Under terms of the agreement, Cimatron will integrate Celeritive's ultra high-performance toolpath engine VoluMill into CimatronE, Cimatron's fully integrated CAD/CAM software, and intends to offer it as an upgrade option in its next release. Cimatron will offer VoluMill for both 2-axis and 3-axis roughing applications, which is expected to provide users with dramatically improved rough milling productivity.

VoluMill's patent-pending technology generates toolpaths that produce a consistent material removal rate. Their smooth, flowing motion establishes and maintains ideal milling conditions in any part shape. Reduced forces on the spindle and cutting tool enable machining hardware to be safely utilized to its full capabilities. Uniform chip formation and excellent heat dissipation result in the previously unachievable combination of dramatically reduced cycle times and significantly extended cutting-tool life.

"Our partnership with Cimatron's GibbsCAM product line for the past several years has been a tremendous benefit for not only both companies, but to our respective customers throughout the world as well. VoluMill's integration with CimatronE is a natural progression that I believe will ultimately continue our legacy of success with Cimatron and our customers," says Terry Sorensen, CEO for Celeritive.

About Cimatron:
Cimatron develops and distributes CAD/CAM software for the manufacturing industry. With two major product lines, GibbsCAM and CimatronE, Cimatron caters to all manufacturing sectors, offering specialized solutions for mold and die makers, as well as solutions for 2.5-5 Axis production milling and turning. Ranked among the top ten CAD/CAM suppliers in every global region, Cimatron has subsidiaries in Asia, North America and Europe, and works with certified independent service providers in over 40 countries worldwide. For additional information, visit http://www.cimatron.com

About Celeritive Technologies:
Celeritive Technologies, developers of VoluMill, is one of the world's leading CAD/CAM technology innovators specializing in ultra high-performance toolpath solutions for the manufacturing industry. The guiding philosophy at Celeritive is to develop and supply economical and simple to implement toolpath generation solutions that allow CNC machine tools and cutting tools to operate at peak performance. Through dramatically reduced cycle times, manufacturing operations become more profitable, flexible, competitive, and maximize return on their capital investments. Located in Cave Creek, AZ, Celeritive Technologies was founded by industry leading experts highly proficient in machining, programming and software development. For additional information, visit www.volumill.com.

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