Cimatron Announces TASE Delisting Date; Shares to Continue Listing and Trading on the NASDAQ Capital Market

Cimatron Announces TASE Delisting Date; Shares to Continue Listing and Trading
                         on the NASDAQ Capital Market

PR Newswire

GIVAT SHMUEL, Israel, January 2, 2013

GIVAT SHMUEL, Israel, January 2, 2013 /PRNewswire/ --

Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated
CAD/CAM software solutions for the toolmaking and manufacturing industries,
today announced that following its announcement of December 27, 2012 that it
was seeking the delisting of its shares from the Tel Aviv Stock Exchange
(TASE), it was informed that such delisting will be effective as of April 4,
2013 with the last trading date on the TASE being April 2, 2013.

The delisting in Israel will not affect Cimatron's continued listing and
trading on the NASDAQ Capital Market in the United States.

About Cimatron

With 30 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
software 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 and the TASE
under the symbol CIMT. For more information, please visit Cimatron's web site
at: http://www.cimatron.com

Safe Harbor Statement

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

SOURCE Cimatron Ltd
 
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