MOORPARK, CA – January 22, 2014 – Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, announced today that its GibbsCAM® software will be demonstrated at the Dassault Systèmes' SOLIDWORKS World 2014 Conference. Cimatron's subsidiary, Gibbs and Associates, has also been selected to give a presentation called "Productivity and Efficiency in Machining SOLIDWORKS Features," using GibbsCAM, a SOLIDWORKS® certified CAM product that provides seamless integration with SOLIDWORKS. The brief presentation will be delivered by Steve Aughinbaugh, GibbsCAM applications engineer, from 6:30PM-6:45PM, Monday, January 27, 2014. Mr. Aughinbaugh will highlight GibbsCAM's optimal integration between SOLIDWORKS and GibbsCAM, focusing on the greatest simplification of 3D solids machining available for SOLIDWORKS. He will demonstrate how GibbsCAM uses Knowledge Based Machining to automatically read SOLIDWORKS part features and machine them with a single mouse click. In addition to the presentation, GibbsCAM demonstrations will be available in Booth 629 of the Partner Pavilion. The conference is being held from January 26-29, 2014, at the San Diego Convention Center, in San Diego, California.
Mr. Aughinbaugh's presentation will be centered on GibbsCAM's Feature Manager, which reads and preserves features from SOLIDWORKS files, and enables the NC programmer to read features from the SOLIDWORKS Feature Tree, such as extrusions, patterns, and revolved features, then easily identify and select areas for machining and apply machining processes required to make the part. Perhaps of greatest benefit to users is GibbsCAM's unique ability to handle the inevitable engineering change order that requires modifying a part. When an updated part file is transferred into GibbsCAM, it automatically identifies changed features and updates all machining processes with one or two clicks of the mouse. The result is faster programming and more accurate parts produced more quickly. GibbsCAM's unique user interface, which is easy to learn, provides SOLIDWORKS users additional productivity with the speed its ease of use enables for every job.
For the demonstration, Mr. Aughinbaugh will open a SOLIDWORKS part with pockets and other features, load the part into GibbsCAM and machine it, demonstrating the ease, speed and efficiency of reading and programming features from the Feature Tree. To demonstrate how GibbsCAM saves valuable time with an updated part, he will show how GibbsCAM reads the revised part, automatically recognizes changes, updates the machining processes and generates a new NC program. Attendees will immediately recognize the value of this dynamic integration between SOLIDWORKS and GibbsCAM in family-of-parts programming and in providing quick response to engineering change orders.
Other great time savers for SOLIDWORKS users are GibbsCAM's Automatic Feature Recognition (AFR) and its Hole Manager, which integrates with the SOLIDWORKS Hole Wizard to automatically read, recognize, and machine holes. Hole Manager reads all attributes applied to holes created by the SOLIDWORKS Hole Wizard, and automatically generates tool lists and processes right down to the finished operations. GibbsCAM also preserves colors applied to SOLIDWORKS models. Since colors applied in the design process often convey information about manufacturing processes, preserving these colors improves communication between design and manufacturing, reducing errors and speeding up programming time. In combination with Feature Manager's reading of solid features from the Feature Tree, GibbsCAM AFR and Hole Manager greatly simplify solids machining and provide huge time savings for the SOLIDWORKS user.
The combination of GibbsCAM 2014 and SOLIDWORKS 2014 provides a complete CAD/CAM solution for most manufacturing environments. Whether parts have simple geometry needing only 2.5-axis milling or 2-axis turning, or complex geometry requiring use of 5-axis machining, MTM or Swiss-style turning centers, the SOLIDWORKS-GibbsCAM combination accommodates and optimizes the machining process. GibbsCAM verifies the toolpaths with gouge detection and interference checking, then dynamically and visually simulates them on virtual machine tools, and accurately post-processes them to generate optimal NC programs. GibbsCAM features help users eliminate scrap, reduce cycle times, and maximize efficiency, safety and profits.
About Gibbs and Associates and GibbsCAM
For over thirty years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support that successful customers require.
The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM is Compatible with Windows 7, Windows 8 and Certified for Windows Vista. GibbsCAM's data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Program, is a Siemens Solution Partner Program-PLM for Solid Edge product, and is a SOLIDWORKS Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including GE Fanuc, Infimatic, Siemens, Doosan Infracore, DMG MORI, Haas, Index, MAG, Mazak, Mitsubishi, Okuma and Tornos. Gibbs and Associates distributes its products worldwide through a network of international Resellers.
In January 2008, Gibbs and Associates merged with Cimatron Ltd., and is now operating as a wholly owned subsidiary. For more information about Gibbs and Associates and its CAM software packages, visit www.GibbsCAM.com or call 1-800-654-9399 (outside of North America, call +1-805-523-0004).
With over 30 years of experience and more than 40,000 installations worldwide, Cimatron Ltd., or 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, enable collaboration with outside vendors, and ultimately shorten product delivery time.
The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrode 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 traded on the NASDAQ under the symbol CIMT. For more information, visit http://www.cimatron.com.
The Gibbs logo, GibbsCAM, GibbsCAM logo, Virtual Gibbs, and "Powerfully Simple. Simply Powerful." are either trademark(s) or registered trademark(s) of Gibbs and Associates in the United States and/or other countries. Microsoft, Windows and the Windows logo are trademarks of the Microsoft group of companies. All other brand or product names are trademarks or registered trademarks of their respective owners.
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 the company'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 Gibbs and Associates or 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 its filings with the Securities and Exchange Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Gibbs and Associates and Cimatron undertake 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
Phone: +972 73 237 0114
Gibbs and Associates
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) 1 646 201 9246