Cimatron to Showcase Die Design Enhancements at INTERMOLD KOREA
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CimatronE's 3D Die Making Solution Maintains Winning Streak
GIVAT SHMUEL, Israel, March 15, 2011 -- Cimatron Limited (Nasdaq and TASE: CIMT) announced today that it will showcase new enhancements for die making at the INTERMOLD KOREA Tradeshow for the Die and Mold Industry.
CimatronE's Die Design solution has received a very positive reception in Korea since its release five years ago. Last month, Cimatron announced that many of Samsung's tier one manufacturers significantly shortened their delivery times using CimatronE's 3D Die Design solution. Additionally, Cimatron Korea achieved its highest revenue to date in 2010, largely as a result of its success with the CimatronE Die Design solution.
CimatronE's integrated 3D CAD/CAM solution for die design and manufacturing allows users to visualize the vertical axis from the outset, avoiding interference and other errors in the early stages of design. This eliminates most of the expensive, time-heavy "trial and error" work in the finishing stages of projects, allowing die shops to cut their delivery times dramatically.
New enhancements to the Die Design solution offer a far more flexible strip design process. Among the enhancements that simplify the process is the new "insert forming shape" feature, which allows users to insert additional forming shapes at any point during design, while maintaining complete associativity.
There are also enhancements in die tool design, with faster, more automated trimming punch creation. CimatronE's trimming punch feature, which allows users to design trimming punches in one click, can now create multiple trimming punches in the same operation. Additionally the system now supports split matrixes (used to simplify the manufacturing process) and several new types of fasteners.
Intermold will take place in Seoul, March 16(th)-20(th). Cimatron will demonstrate CimatronE's latest Mold, Die and NC Programming solutions, as well as GibbsCAM's solution for Production, in Booth 334.
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, 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'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: www.cimatron.com
SOURCE Cimatron Ltd
CONTACT: Idit Pass Lagziel, Marketing Manager, Cimatron Ltd., +972 73 237 0298, iditp@cimatron.com, or Ilan Erez, Chief Financial Officer, Cimatron Ltd., +972 73 237 0114, ilane@cimatron.com
Web Site: www.cimatron.com
