Company Overview of Cimatron Ltd.
Cimatron Ltd., together with its subsidiaries, designs, develops, manufactures, markets, and supports computer-aided design/computer aided manufacturing (CAD/CAM) software products. The company offers CimatronE, a CAD/CAM solution, which provides tools, applications, and process-automation solutions for the tooling and manufacturing industries. The CimatronE product family includes various basic modules, such as Designer Solution, NC Solution, Master Solution, Electrode Solution, Electrode Pro Solution, Student Package, and View Only System; and various vertical applications consisting of Mold Design, Die Design, Quick Electrode, ECO Manager, 5 Axes Production, Micro-Milling, and Die Quote G...
11 Gush Etzion Street
Givat Shmuel, 54030
Founded in 1982
Key Executives for Cimatron Ltd.
Cimatron Ltd. does not have any Key Executives recorded.
Cimatron Ltd. Key Developments
Cimatron Limited Profiles New and Enhanced Capabilities of CimatronE 11
Dec 11 13
Cimatron Limited profiled the new and enhanced capabilities of CimatronE 11, the latest version of its integrated CAD/CAM software, in supporting all major gun drilling needs. Longtime CimatronE customer, Drilling Co., based in Castelvetro (Modena), Italy, has successfully deployed CimatronE 11 across its various gun drilling operations, such as deep drilling in molds, plates, rods, shafts, and gears. New and enhanced functionality available to Drilling Co. includes full user control over all gun drilling sequences (such as the drill's spindle speed, spindle direction, feed rate and distances), and safer machining with collision prevention during connecting motions and holder collision check against the part, actual remaining stock and clamps. Additional new and enhanced gun and automated drilling capabilities in CimatronE 11 include: actual drilling order for intersected holes and machined pockets-prevention against tool strain and faster machining with the drill slowing automatically when arriving at an intersection of cooling channels or pockets; Increased drilling productivity - includes: a new helical profile cycle; additional control for optimizing the drilling order when drilling several holes; and automatic re-grouping after stock or geometry changes; Simplified programming - offers an enhanced selection of drilling area and sequences that fit more hole variations.
Cimatron and DMG MORI Expand Cooperation on Post Processing
Dec 4 13
Cimatron Limited announced that its integrated CAD/CAM software CimatronE now enables safe connectivity to DMG MORI machines and controls without the need for custom post processors or machine simulations. The development is the result of cooperation between Cimatron and DMG MORI that enables CimatronE customers to use the company's machines with MAPPS controls without the need for custom post-processors or machine simulation models. CimatronE users continue to program parts in the way they are used to but, rather than running a standard Cimatron post-processor, a DMG MORI-specific APT-CL file is generated in CimatronE. This will then be imported into the Manufacturing Suite product from DMG MORI, outputting a G-code that is loaded into the MAPPS controller of the machine. The development is expected to result in improved overall tool shop productivity across the board given the much simpler and quicker experience it offers to NC programmers sending data for machining.
Cimatron Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 12 13
Cimatron Ltd. announced consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total revenue was $10.3 million against $9.46 million a year ago. Operating income was $1.21 million against $0.714 million a year ago. Net income attributable to the company’s shareholders was $0.955 million against $0.523 million a year ago. Basic and diluted earnings per share were $0.10 against $0.06 a year ago. Non-GAAP operating income was $1.39 million against $0.960 million a year ago. Non-GAAP net income attributable to the company’s shareholders was $1.1 million against $0.679 million a year ago. Non-GAAP basic and diluted earnings per share were $0.11 against $0.07 a year ago.
For the nine months, the company reported total revenue was $31.5 million against $29.96 million a year ago. Operating income was $3.41 million against $3.43 million a year ago. Net income attributable to the company’s shareholders was $2.56 million against $2.35 million a year ago. Basic and diluted earnings per share were $0.27 against $0.25 a year ago. Non-GAAP operating income was $3.97 million against $3.75 million a year ago. Non-GAAP net income attributable to the company’s shareholders was $2.99 million against $2.7 million a year ago. Non-GAAP basic and diluted earnings per share were $0.32 against $0.29 a year ago. Net cash provided by operating activities was $3.29 million against $2.57 million a year ago. Purchase of property and equipment was $0.346 million against $0.243 million a year ago.
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