Tuesday, Jan 21, 2014 4:00 AM
Givat Shmuel, Israel – January 21, 2014 – Cimatron Limited (NASDAQ: CIMT) today announced that its next software release planned for mid-2014, CimatronE version 12, will support the Additive Manufacturing File (AMF) format – the new standard for converting 3D models into digital files for 3D printing and additive manufacturing.
Explained Mr. Terry Wohlers, principal consultant and president of Wohlers Associates and member of Cimatron's 3D Printing Advisory Board: "Since the late 1980s, the STL file format has been the de facto industry standard for transferring CAD data to additive manufacturing equipment (3D printers). However, the STL format has no provisions for representing color, textures, materials, lattice/mesh structures, units, and other properties of the finished printed part.
"The new XML-based AMF standard was developed to bridge the gap between CAD and modern additive manufacturing technology. This file format contains all relevant information required for making a 3D printed part, including the final part's material, color and internal structure.
"The AMF format was jointly adopted as an industry standard by both ASTM International and the International Organization for Standardization (ISO) last year, and I am glad to see that Cimatron has completed development for supporting this capability in its next software release."
Mr. Danny Haran, Cimatron's President and CEO, noted: "As we've previously stated, we keep looking at solutions that Cimatron can offer to the growing market for additive and hybrid manufacturing. We are pleased to be among the first CAD vendors to offer direct support of AMF. We believe more market participants will adopt AMF as their preferred method of 3D printing file interface in the coming years."
With over 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 under the symbol CIMT. For more information, visit 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:
Chief Financial Officer
Phone: +972 73 237 0114
Idit Pass Lagziel
Phone: +972 73 237 0298
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) 1 646 201 9246