Cimatron Donates Leading CAD/CAM Software to North Iowa Area Community College
NOVI, Michigan, April 18, 2013
NOVI, Michigan, April 18, 2013 /PRNewswire/ --
Cimatron Technologies Inc., a subsidiary of Cimatron Limited (NASDAQ: CIMT),
today announced that it will provide 25 seats of its leading CAD/CAM software
CimatronE to the North Iowa Area Community College (NIACC) at no cost.
Working together to address one of the largest crises facing the manufacturing
industry - the lack of skilled workers, Cimatron and NIACC's CAD/CAM
educational courses will give students the fundamentals needed for success in
"We are pleased to be able to give back to the community in such a way that
directly impacts the manufacturing industry," said Mr Bill Gibbs, Cimatron's
President North America.
"We appreciate what Cimatron is doing to help colleges like ours offer the
highest levels of technology to our students," said Dr. Debra A Derr,
President of NIACC.
"Students coming out of this program will be ready to assume a productive role
in the manufacturing sector and fill some critical skills gaps that are
challenging manufacturers today."
NIACC tool and die instructor Kevin Losee is excited to be trained on the new
software so it can be used in classes this fall: "We partner with many
businesses in the area and we are always grateful for those partnerships. We
are eager to begin this new partnership with Cimatron. The software we will be
using from Cimatron is another tool we can use in training our students in the
ever changing world of manufacturing."
Continuing education opportunities for existing businesses that utilize the
software will also be explored in the future.
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
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
Cimatron's shares are publicly traded on the NASDAQ 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:
SOURCE Cimatron Ltd
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