Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,388.53 -36.32 -0.22%
S&P 500 1,858.34 -3.97 -0.21%
NASDAQ 4,076.09 -10.14 -0.25%
Ticker Volume Price Price Delta
STOXX 50 3,148.76 9.50 0.30%
FTSE 100 6,608.22 24.05 0.37%
DAX 9,385.17 67.35 0.72%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

Cimatron Presents: Molding Parts to Specs on First Shot



           Cimatron Presents: Molding Parts to Specs on First Shot

Webinar, Wednesday, March 20, 2013, 2PM EDT

PR Newswire

GIVAT SHMUEL, Israel, March 17, 2013

GIVAT SHMUEL, Israel, March 17, 2013 /PRNewswire/ --

Cimatron Limited (NASDAQ and TASE: CIMT) announced today that it will be
hosting a webinar with MoldMaking Technology magazine on cost-effective
approaches to simulating and modifying mold geometry.

Many plastic parts are challenging to mold within tolerance on the first,
second and sometimes third shot. A variety of factors affect the shrink and
warp of the part. Owing to the traditionally high cost of simulation, many
shops still opt for machining the cavity to a steel-safe condition, molding
the part and then reworking the mold according to the deformation.

The webinar will explore how some tool shops have found a cost-effective means
of simulation and easy modification of the mold geometry.

In particular, the webinar will demonstrate how successful tool shops can:

  o utilize cost-effective CAE tools;
  o employ advanced warping tools to modify geometry with a deformation
    compensation percentage;
  o use efficient toolpaths with multiple surface offset groups to minimize
    CAD work;
  o provide shorter lead times to their customers; and
  o advertise this capability as a value added service.

The webinar will include a demonstration of key CimatronE functionality that
can assist tool shops, including the new advanced warping tools that feature
in the latest version of the software, CimatronE 11.

To register, click here.

About Cimatron

With more than 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
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: 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 Contact:

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

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

Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) +1-646-201-9246
Email: Cimatron@ccgisrael.com

SOURCE Cimatron Ltd
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement