Cimatron and IMS Software donate $13.4 million in software to WMU
CIMATRON HELPS WMU BRING MANUFACTURING PROFESSIONALS UP TO SPEED WITH ADVANCED CAD/CAM SOLUTION
Kalamazoo, MI, and Novi, MI, November 17, 2004 Continuing a tradition of collaboration with educational institutions, Cimatron Technologies has donated $12.6m worth of its leading CAD/CAM software for the tooling industry to Western Michigan University. In partnership with Cimatron, Intelligent Manufacturing Software Inc. (IMS) has also donated $1m in postprocessing software.
Cimatron's software will be used primarily by students attending WMU's Industrial, Manufacturing Engineering Technology, and the Manufacturing Engineering off-campus program located in Muskegon and Battle Creek Mi. The latter program is held in multiple locations around the state, allowing full-time workers to keep their jobs while acquiring advanced education at a local facility. Students attending the program come from diverse manufacturing industries, including mold and die shops, fabricating, metal, plastics, automotive, aerospace, and heavy equipment. Program graduates hold a range of manufacturing engineering positions, with responsibilities ranging from design to manufacturing processes, quality control, and a variety of management positions.
'Having access to such advanced educational programs in a local setting helps students advance their careers and knowledge, while helping the manufacturing industry upgrade its overall employee skill level,' says John Patten, Professor and Chair of Manufacturing Engineering at Western Michigan University. 'It's a win-win situation for all involved.'
Cimatron is a leading developer of integrated CAD/CAM solutions for the tooling industry. For over twenty years, Cimatron has been helping mold, tool and die makers streamline manufacturing cycles and shorten product delivery times. As described in a recent independent review by the leading industry research firm, 'CIMdata is favorably impressed by Cimatron's focus on the tooling industry, the breadth of product offerings for toolmakers from design to manufacturing, and the continued introduction of advanced product capabilities to meet user needs.'
Cimatron E is the company's flagship product suite, providing a single integrated solution for design and NC, including data import, manufacturing modeling, core and cavity parting, mold base design, electrode design and machining, drafting, NC programming, and engineering change orders.
'We are excited for our students to have access to the Cimatron software,' says Professor Patten. 'We see it as a unifying platform that can be used throughout the curriculum with seamless integration from design to manufacturing, versus using different programs for each task.'
'Knowledgeable workers and advanced technology are the keys to success in the competitive tooling industry. Western Michigan University helps bring the two together and does an incredible job making these available to people in the industry right where they are with both on-campus and off-campus programs. We see it as a duty and a pleasure to help the Manufacturing Engineering program make our industry professionals more knowledgeable and versed in the latest technologies that can make them more productive at the tool shop.'
Media Advisory: A ceremony to honor the introduction of Cimatron into the WMU program will be held on December 14, 2004 from 11:00 am 1:00 pm EST at the Western Michigan University College of Engineering. To arrange or confirm coverage, please contact Lisa Sterling, Marketing Manager, Cimatron Technologies at 248-596-9700 ext. 234 or lsterling@cimatrontech.com.
About Cimatron Technologies Inc. Cimatron (NASDAQ: CIMT) is a leading provider of integrated CAD/CAM solutions for the tooling industry and is committed to providing mold, tool, and die makers with comprehensive, cost-effective solutions that streamline manufacturing cycles. Cimatron's solutions are installed in over 17,000 sites worldwide, supported by Cimatron's subsidiaries and extensive distributor network in over 35 countries.
For more information about Cimatron visit www.cimatrontech.com.
About IMS IMS Software, Inc., founded in 1989, is a recognized leader in providing NC postprocessing, simulation and verification solutions and services to companies seeking a competitive advantage in the manufacturing industry. With headquarters in Haverhill, Mass., IMS
Software applications are sold worldwide, addressing the needs of companies of all sizes, primarily in the automotive, aerospace and defense, general manufacturing and machinery, and electromechanical industries. Information on IMSpost, IMSverify and IMS Software, Inc. is available at www.ims.com.
This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the Company's periodic filings with the Securities and Exchange Commission.
