GibbsCAM Demonstrated at HaasTec 2011 Successful Worldwide Partnership Continues in India

MOORPARK, CA, U.S.A. – October 24, 2011 Gibbs and Associates, developer of GibbsCAM® software for programming CNC machine tools and a Cimatron company, announced that its participation at Haas Automation India’s open house event, HaasTec 2011, held in October at the Chennai Trade Centre in Chennai, India, was a complete success. The open house was part of Haas India’s continuing effort to provide a forum for customer interaction with Haas and providers of other manufacturing technologies. Gibbs demonstrated its extensive capabilities in programming Haas’ latest lathes, mills and multi-task machines (MTMs).

Participation in Haas India’s HaasTec 2011 demonstrates Gibbs’ continuing cooperation with Haas, worldwide, in support of Haas’ technology, machine tools and customers. In the United States, where Haas application engineers at Haas headquarters use GibbsCAM to support customers, Gibbs recently participated in Haas Demo Day events, at multiple Haas Factory Outlets across the United States, as it has for many years. At each event, Gibbs demonstrated how the GibbsCAM-Haas combination provides an ideal solution for customers who need to increase output, quality, productivity and profits, whether by maximizing material removal, optimizing surface finish, reducing cycle times, or minimizing errors through single-setup MTM machining.

“We were pleased to participate at Haas India’s HaasTec 2011, after great acceptance at the multiple Haas Demo Day events in the United States, in our continuing support of Haas and our mutual customers worldwide,” said Robb Weinstein, Senior Vice President of Sales and Strategic Planning of Gibbs and Associates. “We are in a unique position in supporting Haas. With over 10,000 postprocessors, including over 1,000 unique MTM postprocessors, we provide easy-to-use programming, machine simulation and postprocessors for all Haas machines, and we look forward to extending our cooperative effort across the globe.”

Terrence Miranda, Director of Haas Automation India, added, “We were extremely pleased to have GibbsCAM participating in the first ever HaasTec event in Chennai, India, on October 11-13, 2011. Our team and our HFOs (Haas Factory Outlets) look forward to continuing to work with GibbsCAM engineers in India, as we do with many of our allied industry associates, with the sole purpose of ensuring our customers’ best interests.”

GibbsCAM will be used to program some of the demos on display at the Haas Automation booth, at Engimach 2011 in Ahmedabad, India, from November 23-27, 2011.

 

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 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 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, 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, visit its web site (www.GibbsCAM.com) or call 1-800-654-9399 (outside of North America, call +1-805-523-0004).

 

About Cimatron

With over 28 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, 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.

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.

Contact:         

Yvonne Anderson

 Gibbs and Associates

(805) 523-0004

(805) 523-0006 (Fax)

Email Contact

 

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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.




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