GIVAT SHMUEL, Israel, June 10, 2013 /PRNewswire/ --
Cimatron Limited (NASDAQ: CIMT) today announced the successful deployment of 400 seats of its integrated CAD/CAM solution CimatronE at the Ju Teng Group, which is one of the world's largest mold makers, claiming a third of the global market for notebook casings.
"Our adoption of CimatronE for our mold design, electrode and NC programming has enabled us to reduce costs and double our work capacity while maintaining our existing staff levels, and we can now provide our customers better quality molds delivered much more quickly," said Mr Luorongde, Vice President of the Ju Teng Group.
Ju Teng International Holdings is one of the world's largest producers of casings for electronic goods, claiming over 30% of the international market for the manufacture of notebook casings. With factories across mainland China and Taiwan, its tier-one customers include Acer, Asus, Apple, Dell, HP, Lenovo, Sony and Toshiba.
Ju Teng began working with CimatronE in 2004 for electrode design and NC programming. Following a company-wide review, in 2010 Ju Teng decided to shift its mold design operations to CimatronE, and today the company hosts over 400 seats of the software.
"The benefits of shifting over our entire design and production to CimatronE were obvious," said Mr Luorongde.
"CimatronE offered strong capabilities for our mold making needs and allowed all of our CAD and CAM processes to be performed with the one software. Working in a 3D environment and using CimatronE's analysis tools, our staff has been able to accurately design molds for production, practically eliminating the need for trial-and-error on the shop floor. We've even been able to close one of our departments that was responsible for repairing mistakes in machined molds."
"It's always a risk for a company of our size to move all of our operations to a new software, particularly given the burden of implementation and training. However, Cimatron China provided an outstanding level of support during the process, with onsite training and technical assistance, as well as a willingness to work closely with us at all stages to ensure that the transition was as smooth as possible."
The deployment of CimatronE has provided Ju Teng with results such as the following:
- As a single solution for both design and NC programming, CimatronE has eliminated the need for datatranslation between the CAD and NC departments. No data is lost and programmers no longer need to fix design errors, leading to major time savings and drastically reducing the number of mistakes.
- CimatronE files can contain product manufacturing information, further improving collaboration between departments.
- CimatronE's concurrent engineering capabilities mean that two or more designers can work on the same mold on different sub-assemblies, or one designer can work on the parting while the other works on the mold design. NC programming can begin while a mold is still being designed.
- As a 3D software with dedicated mold design tools,a rich set ofanalysis tools, and simulation, CimatronE has enabled the design and manufacturing of molds of the highest quality.
- The CimatronE ECO application has greatly improved Ju Teng's ability to manage the many ECOs it receives from customers.
- A hybrid solid surface environment for mending and parting has also helped to speed up the design process and ensured optimal quality.
"Our move to CimatronE was the best business decision we have ever made," said Mr Luorongde.
About Cimatron
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 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:
Ilan Erez
Chief Financial Officer
Cimatron Ltd.
Phone: +972-73-237-0114
Email: ilane@cimatron.com
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
Email: iditp@cimatron.com
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) +1-646-201-9246
Email: Cimatron@ccgisrael.com
SOURCE Cimatron Ltd