Cimatron's Int'l Sales Conference Celebrates Record Sales
GIVAT SHMUEL, Israel, May 27, 2014
GIVAT SHMUEL, Israel, May 27, 2014 /PRNewswire/ --
Cimatron Limited (NASDAQ: CIMT) announced today that dozens of delegates from
all continents attended the recent CimatronE Sales Conference in Tel Aviv.
"Cimatron has enjoyed both revenue and profit growth over the past years and
this success is largely attributed to our international sales network
comprised of both wholly owned subsidiaries as well as independent resellers,"
said Ira Bareket, Corporate Vice President of Sales and Marketing.
"We have been blessed by an excellent team of professionals around the world
who are both friendly and experienced, providing the highest level of service
and support to our growing customer base.
"It was overwhelming to witness customer testimonials from all around the
world, serving a variety of industries and manufacturing state of the art
products - all produced with molds and press tools designed and manufactured
"The conference presented a great opportunity to expose the new version of our
integrated CAD/CAM software, CimatronE 12, which is scheduled for release
within a few weeks.
"The conference also gave us the opportunity to update the delegates about
Cimatron's current and future development plans, including developments in
support of 3D Printing technology."
With over 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
Cimatron's shares are publicly traded on the NASDAQ under the symbol CIMT. For
more information, visit 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:
Chief Financial Officer
Idit Pass Lagziel
Investor Relations contact:
Ehud Helft/Kenny Green
GK Investor Relations
Tel: (US) +1-646-201-9246
SOURCE Cimatron Ltd
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