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TMCNet:  GibbsCAM Selected for Membership in Okuma Partners in THINC

[December 03, 2012]

GibbsCAM Selected for Membership in Okuma Partners in THINC

MOORPARK, California, December 3, 2012 /PRNewswire via COMTEX/ -- ï" Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, announced today that its subsidiary, Gibbs and Associates, has been selected for membership in Okuma America's Partners in THINC.


THINC is a collaborative network of over 40 companies that service the metal-cutting and manufacturing industry with specialized software, equipment, expertise and a commitment to solve problems and increase productivity for end users. With Okuma's open architecture, PC-based THINC®-OSP control as its nucleus, Partners in THINC strive to provide the best possible integrated solutions to end users.

"We are pleased to be recognized for our expertise in providing a highly efficient, productive, and easy-to-use CAM system to industry, and for the service and support we provide our customers," said Bill Gibbs, founder and president of Gibbs and Associates. "We have been supporting Okuma machinery for over thirty years, and the THINC-OSP controls since their introduction in 2004. We look forward to participating in the delivery of integrated solutions that help manufacturers increase efficiency and profitability with the latest and most sophisticated machine tools from Okuma." GibbsCAM is well known in the industry for its easy-to-use graphic interface, and its extensive capabilities, providing a modular solution for programming all Okuma machine tools, from their 3-axis mills and 2-axis lathes, to their multi-axis and multi-task machines (MTMs). GibbsCAM is especially renowned for its support of Okuma MTMs, because it programs turning and milling operations from a single interface, and provides error-free postprocessing that results in machine-ready programs that require no editing. These capabilities extend to all of Okuma's machine tools. With a library of over 11,000 postprocessors, including over 1,000 for MTM machines, Gibbs has many postprocessors for Okuma CNCs, including the MU, Millac, Multus and Macturn series.

Mr. Gibbs was recently the speaker at the Okuma "Go Beyond Productivity to Profitability" open house, in Houston, Texas, on November 15, where machine-tool distributor Hartwig used GibbsCAM to program all of the Okuma machine tools on display and in operation, including four 4-axis, double-turret vertical and horizontal lathes, three 4-axis vertical and horizontal mills, plus the Okuma LB3000 EX, a double spindle, single turret, Y-axis lathe, and the MULTUS B400, a multi-function horizontal lathe with B-axis head.

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, DMG/Mori Seiki, Okuma, 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).

About Cimatron 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.

Contact: Yvonne Anderson Gibbs and Associates +1(805)523-0004 +1(805)523-0006 (Fax) YvonneA@GibbsCAM.com SOURCE Cimatron Ltd

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