GIVAT SHMUEL, Israel, February 28, 2013 /PRNewswire/ --
CimatronE, the integrated CAD/CAM tooling solution offered by Cimatron Limited (NASDAQ and TASE: CIMT), has helped streamline operations at Kentucky-based Quality Tooling, one of the most reputable tooling and engineering providers to the leading automotive and appliance OEMs and suppliers.
Quality Tooling became a Cimatron customer after looking for ways to maximize the speed at which its machines operated. In many cases, several runs were required to complete a project and costly cutters needed to be replaced often due to the multiple runs and inconsistent feed rates and chip loads.
After a review of various CAD/CAM solutions on the market, Quality Tooling selected CimatronE as its software of choice. Since the business switched to CimatronE, the speed of production has more than doubled and cutters now last longer, resulting in significant cost savings.
Said Brian Alvey, Quality Tooling's Vice President: "Making the investment in Cimatron was a big move for us because we are a small company, but the investment was well worth it and has probably been one of the best we ever made. Whenever you go looking at what you are gaining, that investment is very minor because you will save thousands of dollars just in cutters alone."
"Cimatron keeps a fairly constant chip load and feed rate. Therefore, it maintains cutter sharpness. Parts are produced quicker because you don't have to go back and rerun things. If you cut one job in Cimatron, you may use two cutters. If you cut that same job with one of the lower-end software you may use eight cutters. That translates into major savings."
CimatronE has also provided Quality Tooling with a closed loop system to streamline the electrode process. Using the electrode templates saves programming time, and the simulation capabilities eliminate the need for double setups and the risk of electrodes hitting parts. If a change is made to the NC file, it automatically updates the electrodes, leaving less chance for error.
According to Alvey, the addition of CimatronE has brought in more repeat business, as customers have noticed that delivery times have improved: "We have to compete with the overseas market and anything we can do to make our products look better is important. Cimatron has helped us tremendously."
For more information on CimatronE, visit http://www.cimatrone.com.
With 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 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
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:
Idit Pass Lagziel
Chief Financial Officer
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) +1-646-201-9246
SOURCE Cimatron Ltd