Cimatron limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, announced today that Gibbs and Associates, developer of GibbsCAM®, its CAM software for programming CNC machine tools and a Cimatron company, will be demonstrating the next generation of its MTM programming solution and Automated Programming capabilities at the International Manufacturing Technology Show (IMTS 2012), September 10-15, 2012, at McCormick Place, Chicago, in Booth # E-3310.
A leader in the area of MTM (Multi-Task Machining) programming, Gibbs will be demonstrating its latest developments in this area of complex machine programming. Always focusing on helping customers program parts quickly, accurately and efficiently, the next generation of GibbsCAM's MTM solution helps customers utilize the full capabilities of complex MTM machines, including 5-axis rotary head and Swiss-style machines. MTM machines pose special challenges to users, including programming machines with multiple spindles and turrets cutting multiple parts simultaneously. GibbsCAM's signature easy-to-learn and use interface walks customers through such complex part programming. Stunning graphics enable users to see an accurate simulation of the part being machined, providing full visualization of errors like tool interference and gouges long before the part gets to the shop floor, preventing costly mistakes.
Also highlighted at IMTS will be GibbsCAM's newest improvements in Automated Programming, including the introduction of "smart features." Smart features help users program parts faster by retaining data about the feature itself, including depths, clearances and feature types (pocket, boss, slot, etc.). Customers can create automatic processes for different features, which will quickly and automatically create programs to customer specifications. Improvements to the Knowledge-Based Programming capabilities continue to enable customers to automatically program families of parts and parts with similar features.
Demonstrating recently released GibbsCAM 2012+, Gibbs will be showcasing tremendous speed gains made possible by utilizing multi-core and multi-threading technology. Speed gains of up to 30 times enable customers to realistically render complex parts with startling speed. A leading, best-in-class CAM system, GibbsCAM 2012+ boasts new features and improvements throughout its broad product line.
About Gibbs and Associates and GibbsCAM
For 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 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 ( http://www.GibbsCAM.com) or call 1-800-654-9399 (outside of North America, call +1-805-523-0004).
With 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, 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. Autodesk, Autodesk Inventor, and Inventor are registered trademarks or trademarks of Autodesk, Inc., in the USA and/or other countries. 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.
Gibbs and Associates
SOURCE Cimatron Ltd