MOORPARK, CA – September 28, 2009 – Cimatron Limited (Nasdaq: CIMT), a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced that it will partner with Machine Tool Vendor Willemin-Macodel to demonstrate 5-Axis and Multi-Task machining of sophisticated medical parts live at EMO, using its GibbsCAM product.
GibbsCAM will program two separate components of a part for the medical industry on a Willemin-Macodel MTM (Multi-Task-Machining) machine in the Willemin-Macodel booth (Hall 7, Booth G16/H13). Additionally, GibbsCAM 2009 will be displayed in Cimatron Group's booth (Hall 9, Booth (A10/A12) and in the booths of other machine tool vendors.
Willemin-Macodel will be using the 508MT 5-Axis MTM (Multi Task Machining) machine, with two spindles, to cut a cervical plate and bone screw together in the same production cycle. A cervical plate is a type of medical implant used to hold the vertebrae in alignment during the process of bone fusion.
The cuttings will demonstrate the high speed capabilities of this machine as well as the high accuracy that is required for complex medical parts.
GibbsCAM's advanced MTM (Multi Task Machining) capabilities will be used for milling and turning of one of the parts, thus taking advantage of the machine's most sophisticated capabilities. The machine will employ a bar feed mechanism and will automatically transfer the part from one station to the next.
GibbsCAM is one of the few solutions on the market with the advanced technology necessary to use MTM machines to their full capacity and offers one of the widest selections of post processors on the market for MTM machines.
While programming the cutting, GibbsCAM provides automatic recognition of holes (which decreases programming time), automatic stock recognition (which avoids unnecessary air cutting and increases tool life and machine life) and accurate machine simulation. Another key component is a unique post processor for the machine which fully utilizes the machine's capabilities.
"GibbsCAM's software, with it's ability to harness the full power of MTM machines, is strongly suited to manufacturing in the medical industry", said Robb Weinstein, Gibbs' Senior Vice President of Sales and Strategic Planning. "In the current financial climate, many manufacturers are widening their operations in order to cater to the medical industry, which has been less affected by the global downturn. We are pleased to show that GibbsCAM is equipped to provide impressive results in the medical industry, as it does in every other manufacturing industry."
GibbsCAM's collaboration with Machine Vendors has been facilitated by Italian Cimatron Group subsidiary Microsystem and Productec, GibbsCAM distributor for Switzerland and France. EMO will take place in Milan starting October 5th.
About Gibbs and Associates and GibbsCAM
For over twenty five 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 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 certified for Microsoft's 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 Application Program, is a Solid Edge Certified Select 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, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, 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, call 1-800-654-9399, or visit the company on-line at http://www.gibbscam.com/.
With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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, 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 is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: http://www.cimatron.com/
Located in the heart of the Swiss Jura area, which is historically known for high precision mechanics and micro-technology industries, Willemin-Macodel Ltd has acquired more than 35 years experience in developing high precision machines tools in order to meet customers' requirements.
Their position among the leaders in manufacturing of multi-axis high precision machine tools (machining and mill/turning centers) is built on the strong willingness to deliver very high quality machines to customers with advanced technology, thus ensuring productivity, very high precision and reliability.
Willemin-Macodel's distribution network includes several worldwide subsidiaries and sales representatives, assuring top quality services to international customers.
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 the company'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 the 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 Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company 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.
EDITOR'S NOTE: Electronic image and caption available upon request.
For More Information Contact:
Marketing Communications Manager
Gibbs and Associates
Phone: +805 523-0004
Chief Financial Officer
Phone: +972 3 531 2121