Cimatron noch im Dornröschenschlaf ?

Das Israelische Software Unternehemn Cimatron Ltd. sorgte vor einigen Wochen zum ersten mal für Aufsehen,weil diese bis dato unbekannte Firma nach einem ersten kleinen Gewinn direkt mit einem 100 % Kurssprung auf sich aufmerksam machte.
Aber leider: Außer einer kurzen Schlagzeile war danach erneut Funkstille,scheinbar niemand schien sich für diesen Wert zu interessieren und auch jetzt noch fristet Cimatron ein Schattendasein,was die diversen Börsen Foren betrifft.
Mittlerweile ist der Kurs noch weiter nach oben geklettert,steht akzuell beu 4,50 USD, bekam aus den USA auch eine erste Empfehlung,die auch hierzulande publik wiurde.
Der aktuelle Kura an der Börse Berlin - Bremen,nur dort ist Cimatron leider gelistet, liegt bereits bei 3,10 €.
Fast schon etwas teuer,aber neue Investoren als Partner künden von der Möglichkeit nach den ersten 150 % Plus,daß Cimatron weitere 100 % - 200 % Potential hat.
Schade,daß erstens nur an dieser kleinen Börse gehandelt wird,das Papier also Risiko behaftet nicht eben "liquide" gehandelt wird und vorallem,was mich irritiert,daß so gar niemand diesen Wert auf der Watch-List zu haben scheint,das Bedürfnis nach Diskussion scheinbatr nicht vorhanden ist.
Also gibts es hier Leute, die bei Cimatron investiert sind ? - Evtl. in den USA direkt ihre Aktien ordern, und auch auf dem laufenden sind bzgl. des Newsflows ?
Wenn ja,ich fände es prima,von solchen investoren etwas über Cimatron zu lesen zu bekommen bzw. regelmäßiger über den Wert zu diskutieren.
Derweil versuche ich erneut an ein paar Aktien hierzulande heran zu kommen...  

10.01.2008 16:43
Cimatron and MetalForming Magazine Attract Hundreds of Die Makers to Online Seminar

GIVAT SHMUEL, Israel, January 10 /PRNewswire-FirstCall/ -- - The topic: 'Keeping the Die Industry Competitive'; Recording Now Available Online

Over 450 tooling and manufacturing executives registered to view an online web seminar (webinar) focused on keeping the die industry competitive. The webinar was held in collaboration between Cimatron, (News) MetalForming Magazine, and the Precision Metalforming Association (PMA). Over 200 attended the live broadcast, and hundreds more are expected to view the recording, which is now available on the Cimatron website at http://www.cimatrontech.com/

The hour-long webinar was moderated by MetalForming Magazine editor Brad Kuvin, and included three presentations:

- Sam Golan, CEO and President of Cimatron Technologies, Inc., explored how practical lean manufacturing can help the die industry;

- Peter Ulintz of Anchor Manufacturing Group discussed the evolving role of die engineering in the new millennium;

- The session was concluded with a case study of die maker Cam Tool&Die presented by Cimatron's Alan Zielinski.

"The die maker as a profession is becoming obsolete. It is replaced by die engineers, die assemblers, and metalforming specialists-each responsible for a specific function that requires specialized knowledge," said Ulintz in his presentation.

"The hundreds of webinar attendees indicate the need for the industry to share knowledge and adopt best practices to stay competitive," said MetalForming editor Kuvin. "Thank you for a job well done," commented Victor Bodi of Accurate Machine and Tool and one of the tooling executives in attendance following the webinar. "The presentation was highly relevant to our business and stimulated a lively internal discussion on what we should do next."

"Our goal is to help the tooling industry stay competitive. This is the ninth webinar in our Tool Shop Optimization series, and the level of interest continues to grow," said Sam Golan, CEO and President of Cimatron Technologies Inc. "Like any manufacturing operation, die makers can benefit from process improvement and elimination of inefficiencies, whether using lean manufacturing or another methodology."

Industry executives that are interested in learning more about die shop optimization can view a recording of the webinar by signing up on the Cimatron website at http://www.cimatrontech.com/.

About Cimatron

With more than 25 years of experience and over 20,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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. Cimatron's cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.

Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron's subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, please 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 the company'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 the 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 Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company 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: Idit Pass Lagziel Ilan Erez Yael Nevat Marketing Manager Chief Financial Officer Commitment-IR.com Cimatron Ltd. Cimatron Ltd. Phone: +972-3-611-4466 Phone: +972-3-5312098 Phone: +972-3-531-2121 +972-50-762-6215 Email: Email: Email: iditp@cimatron.com ilane@cimatron.com yael@commitment-IR.com

21.01.2008 19:40

Cimatron and American Machinist Magazine Continue Online Seminar Series on Tool Shop Optimization  

GIVAT SHMUEL, Israel, January 21 

Cimatron Limited, a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufaturers of discrete parts, announced the continuation of its Tool Shop Optimization online seminar series, in partnership with American Machinist Magazine.

This particular session will focus on optimizing the design and manufacturing process.

The webinar was on the internet on Wednesday, January 23rd, at 2:00pm EDT.

Keynote speakers include Bruce Vernyi, Editor-in-Chief of American Machinist, Sam Golan, CEO&President, Cimatron Technologies, Inc., and Len Graham, Founder of Len Graham Consulting, and Acting Director of Mold Manufacturing/Engineering, Omega Plastics, Inc.

"Looking at design and manufacturing as an integrated process can help toolmakers and manufacturers accelerate delivery times and improve product quality, while operating in silos can hurt productivity and slow things down," said Golan.

Topics for discussion in this education webcast include:

- Why tool design is different from part design

- How to optimize your process from design to manufacturing

- How to find the right software for your design and manufacturing needs

"Our goal is to help the tooling industry stay competitive. This is the tenth webinar in our Tool Shop Optimization series, and the level of interest continues to grow," continued Golan.

Attending the webinar was free but requires prior registration.

Cimatron  

With more than 25 years of experience and over 20,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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.

Cimatron's cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.

Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT.

Cimatron's subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support.

 

For more information, please 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 the company'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 the 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 Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition.

For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission.

The company 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:

Lisa Sterling Director of Marketing Cimatron Technologies, Inc.

Phone: +1-248-596-9700 ext. 224

Email: lsterling@cimatrontech.com

 

 

Nun also; Schönredner oder gar Pusher sind sie nicht bei CIMATRON,ein sympathischer Nebenaspekt.

Ansonsten gilt CIMATRON für mich immer noch als eine Art Geheimtip,eine kleine innovative Firma,die es demnächst wohl noch sehr viel preiswerter an der Börse zu kaufen gibt...

Cimatron's Fourth Quarter and Full Year 2007 Results Release Scheduled for February 27th
Feb. 19, 2008
- Conference Call Scheduled for February 27th, 2008 at 9:00 EST –
                
§
Givat Shmuel, Israel , February 19th, 2008 - Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that it will be releasing its fourth quarter and full year 2007 financial results on Wednesday, February 27th, 2008, before the US market opens.

Cimatron's management will host a conference call that same day, at 9:00 EST, 16:00 Israel time. On the call, management will review and discuss the results, and will also be available to answer questions by investors.

To participate, please call one of the following teleconferencing numbers. Please begin placing your call at least 5 minutes before the conference call commences.

USA: +1-888-668-9141
Israel: 03-9180609

For those unable to listen to the live call, a replay of the call will be available from the day after the call under the investor relations section of Cimatron's website, at: http://www.cimatron.com/

About Cimatron
With more than 25 years of experience and over 20,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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. Cimatron’s cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.
Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron’s subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, please visit http://www.cimatron.com/

Cimatron Reports Record Revenues of $28.7M and Ten Year Record Net Income of $1.9M in 2007
Feb. 27, 2008
• Record quarterly revenues of $9.9 million in Q4 2007, up 63.9% compared to Q4 2006. Annual revenues up 33.5%.
• Net Income in Q4 2007 was $965 thousand, up 73.2% over Q4 2006. Annual net income up 274%.
• $0.12 EPS in Q4 2007, $0.24 EPS in 2007
                
§
Givat Shmuel, Israel, – February 27, 2008– Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the fourth quarter and full year ended December 31, 2007.
2007 was a record year for Cimatron. Strong year-over-year revenue growth, both for Q4/2007 and for the entire year, translated into strong operating and net income. The growth is attributed to growing acceptance of the CimatronE product line and to the positive contribution of Microsystem's results which, as of Q3/2007, are fully consolidated.

Financial Highlights:

Revenues for the fourth quarter of 2007 were $9.9 million, representing 63.9% growth compared to $6.0 million recorded in the fourth quarter of 2006. Revenues for the year ended December 31, 2007 increased 33.5% to $28.7 million, compared to $21.5 million in 2006.

Gross Income for the fourth quarter of 2007 increased 49.7% to $7.7 million as compared to $5.1 million in the same period in 2006. Gross Income in 2007 increased 30% to $23.2 million as compared to $17.8 million in 2006. Gross margin in 2007 was 81%.

Operating Income in the fourth quarter of 2007 was $831 thousand, compared to an operating income of $366 thousand in the fourth quarter of 2006. In 2007 the company recorded operating income of $1.68 million, compared to an operating income of $48 thousand in 2006. The significant improvement in the operating income results mostly from the increase in revenues.

Net Income for the forth quarter of 2007 increased 73.2% to $965 thousand, or $0.12 per diluted share, compared to a net income of $557 thousand, or $0.07 per diluted share recorded in the same quarter of 2006. For 2007, net income increased 274% to $1.9 million, or $0.24 per diluted share, compared to a net income of $514 thousand, or $0.07 per diluted share in 2006.

Commenting on the results, Danny Haran, President and Chief Executive Officer of Cimatron, said, “We are very pleased to report a strong year of improved top and bottom lines. Cimatron's results for 2007 are attributed to our efforts to develop and launch competitive products to the entire toolmaking and manufacturing industry, as well as to the positive contribution of the Microsystem acquisition.

During the last two months, since we have merged Gibbs and Associates, we are working closely with Mr. Bill Gibbs, our new President North America, and his team to leverage the potential synergy from the merger, pushing additional products to the joint distribution network. Gibbs System’s estimated non-GAAP revenues in 2007 were approximately $12M and estimated non-GAAP pre-tax profit was above 10% of revenues. We expect to see benefits from the merger unfolding throughout 2008 and beyond.”

Mr. Rimon Ben-Shaoul, Chairman of the Board of Directors of Cimatron said, “The 2007 financial results reflect good execution of our long term product and marketing strategy.  The Microsystem and Gibbs and Associates merger transactions create additional economies of scale for the coming years.”

Conference Call

Cimatron's management will host a conference call today, at 9:00 EST, 16:00 Israel time. On the call, management will review and discuss the results, and will also be available to answer questions by investors.

To participate, please call one of the following teleconferencing numbers. Please begin placing your call at least 5 minutes before the conference call commences.

USA: +1-888-668-9141
Israel: 03-9180609

For those unable to listen to the live call, a replay of the call will be available from the day after the call under the investor relations section of Cimatron's website, at: www.cimatron.com

About Cimatron
With more than 25 years of experience and over 20,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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. Cimatron’s cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.
Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron’s subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, please visit  http://www.cimatron.com.

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 the company’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 the 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 Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company’s filings with the Securities and Exchanges Commission. The company 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 3 531 2121
Email: ilane@cimatron.com

Yael Nevat
Commitment-IR.com
Phone: +972 3 611 4466, +972 50 762 6215
Email: yael@commitment-IR.com


Cimatron Limited
Consolidated Balance Sheets
(US Dollars in thousands)
                
§
December 31,
2007
                
§
December 31,
2006
ASSETS
Current Assets
Total cash, cash equivalents and short-terms investments $ 9,026 $ 5,597
Trade receivables $ 7,308 $ 4,848
Other current assets 1,467 980
Total current assets 17,801 11,425
 
Deposits with insurance companies and severance pay fund 2,703 2,653
 
Long-Term Investments
Marketable investments 1,158 1,287
Investments in affiliated companies - 748
Total long-term investements 1,158 2,035
 
Net property and equipment 1,337   1,010
 
Total other assets 4,328   784
Total assets $ 27,327 $ 17,907
 
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Short-term bank credit $ 791 $ 500
Trade payables 2,258 828
Accrued expenses and other liabilities 7,889 4,330
Deferred revenues 742 425
Total current liabilities 11,680 6,083
 
Long-term Liabilities  
Accrued severance pay 3,929 3,003
Long-term loan 403 -
Other 282 -
Total long-term liabilities 4,614 3,003
 
Minority interest 63 (24)
 
Total shareholders'equity 10,970 8,845
 
Total liabilities and shareholders' equity $ 27,327 $ 17,907





< TR>
Cimatron Limited
Consolidated statements of income

(US Dollars in thousands)
                
§
Three months
ended
December 31,
                
§
Twelve months
ended
December 31,
          §2007 2006 2007 2006
          §  
Total revenue 9,881 6,028 28,640 21,459
Total cost of revenue 2,230   917 5,440   3,623
Gross profit 7,651 5,111 23,200 17,836
Research and development expenses,net 1,137 1,093 4,281 4,426
Selling, general and administrative expenses 5,683 3,652 17,243 13,362
 
Operating Income 831   366   1,676   48
 
Net Income $ 965 $ 557 $ 1,923 $ 514
 
Net Income per share - basic and diluted $ 0.12 $ 0.07 $ 0.24 $ 0.07

18.03.2008 14:37
Cimatron Helps Speed Up Tool Design With CADENAS PARTsolutions

GIVAT SHMUEL, Israel, March 18 /PRNewswire-FirstCall/ -- Cimatron, (News) a leading provider of design and manufacturing software for the tooling industry, is announcing a new partnership with leading part catalog provider CADENAS. The integration of CADENAS PARTsolutions into version 8.5 of Cimatron enables tool makers to shorten design cycles by incorporating ready-made CADENAS catalog parts into their mold and die assemblies.

While powerful catalog functionality has long been available in Cimatron's software, the CADENAS catalogs place thousands of additional standard components at the disposal of Cimatron's users, eliminating many of the manual and time consuming steps in the tool design process.

CADENAS catalogs can be downloaded from the Internet, and automatic updates are provided on an ongoing basis, ensuring that changes to parts are immediately reflected in the catalog.

"Whether through our own research and development or by partnering with best-of-breed solution providers, our mission is to help toolmakers be more competitive by reducing costs and shortening delivery times," said Ira Bareket, Cimatron's VP Sales and Marketing. "The addition of the CADENAS catalog interface is another step in this ongoing effort. We are excited to make the rich collection of their catalogs readily available to our customers."

"Cimatron is well-regarded in the industry for its innovative solutions, providing mold and tool makers with the most advanced functionality and utmost usability to help them deliver high quality results at the shortest possible time," said CADENAS executive Jurgen Heimbach. "We are honored to have our part management be part of the Cimatron solution."

About Cimatron

With more than 25 years of experience and over 20,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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. Cimatron's cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.

Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron's subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, visit http://www.cimatron.com/.

About CADENAS GmbH

Since 1992, the name CADENAS stands for innovation, success and creativity, both in software development and advice on parts management and catalog projects. As an independent software deliverer, CADENAS develops customized company solutions for clients around the globe. Its success is attributed to the high quality of the products as well as the long-time experience and the know-how of its 200 employees.

The main focus of CADENAS GmbH lies in the area of process optimization with parts management and parts consolidation, and optimizing marketing strategies through the creation and marketing of electronic product catalogs. CADENAS has made it its business to optimize product development processes and company activity with intelligent software solutions. Some assignments, which the software solutions take over, lie in data preparation, marketing, data appropriation, data exchange, parts reduction - administration and connection with internal systems that significantly contribute to the clients' efficiency.

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 the company'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 the 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 Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company 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: Idit Pass Lagziel, Marketing Manager, Cimatron Ltd., +972-3-5312098, iditp@cimatron.com; Ilan Erez, Chief Financial Officer, Cimatron Ltd., +972-3-531-2121, ilane@cimatron.com; Yael Nevat, Commitment-IR.com, +972-3-611-4466, +972-50-762-6215, yael@commitment-IR.com.

Was erwartest du von dieser aktie ? Der umsatz von Cimatron ist seit Jahren auf 20 mio. "festgetackert"! Kein wachstum,nothing !

Kleiner tipp von mir:

Schau dir mal Ansys (ANSS) an,habe auch einen Thrad dazu aufgemacht unter "Neue microsoft",denn Ansys kann das packen,imho!

Viel erfolg!

Chalifmann  

Cimatron im "Dornröschenschlaf",so hieß er nun mal mein erster Thread.
Eine kleine Firma,kein Zwefel,aber für solche unbeachteten Werte interessiere ich und setzte sie auf WATCH,wenn sie durch innovative Ideen oder auch angewandte Technologien mehr Aufmerksamkeit verdient haben.

Und so werde ich diesen,"meinen" Thread weiter pflegen.

Thanx für den Hinweis,werde in deinem ANSS Thread natürlich vorbei schauen...

14.04.2008 15:59
Cimatron Continues Focus on Helping Toolmakers and Manufacturers Shorten Product Delivery Times With CimatronE Version 8.5

GIVAT SHMUEL, Israel, April 14 /PRNewswire-FirstCall/ -- Cimatron Limited (News) a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced the general availability of the newly released CimatronE 8.5.

Cimatron's CAD/CAM solutions address the entire process-from quoting through design, engineering changes, NC, and EDM programming to delivery-helping tool makers and manufacturers deliver higher quality tools and products at lower costs and shorter cycle times.

"The new version of CimatronE is another step in our ongoing effort to help toolmakers and manufacturers become more competitive by shortening production cycles and reducing manufacturing costs," said Danny Haran, Cimatron's CEO and President.

CimatronE Version 8.5 incorporates over one thousand product enhancements, including:

Concurrent Engineering

Cimatron's concurrent engineering capabilities improve productivity and collaboration and significantly compress product delivery times.

Concurrent design capabilities are built into Cimatron's CAD applications, enabling multiple users to simultaneously work on the same assembly and shorten the design cycle. Starting with version 8.5, these concurrent design capabilities are available throughout the entire Cimatron CAD product line.

Cimatron's support for concurrent engineering extends beyond the design phase. The integrated end-to-end design-to-manufacturing solution uses a single database that provides complete associatively and enables multiple steps of the design and manufacturing process to be performed in parallel.

Streamlined Numerical Control

Modified NC Setup Reports: Automatically-generated NC reports facilitate the information flow between NC programmers and the shop floor, providing machine operators with detailed information that includes the tool paths, procedures, tools, and parameters for each job. Images and user-specific information can be added to the reports, which can be presented either online or in print.

Automated Drill: New operations added to the Automated Drill application include profiling of holes and threading cycles, as well as pocketing for pre-drill preparation of difficult to drill areas such as slanted surfaces. These operations can be integrated into the automated drill sequence and reused from libraries to increase efficiency and accuracy.

5-Axis Production: CimatronE version 8.5 features new enhancements to the 5-Axis Production application, including spiral cut milling, 3-5 Axis transformations, and advances in impeller roughing.

Integrated CADENAS Catalogs

CADENAS PARTsolutions is now integrated into CimatronE 8.5, enabling tool makers to shorten design cycles by incorporating ready-made CADENAS catalog parts into Cimatron tool assemblies.

While the catalog functionality has long been available in Cimatron's software, the CADENAS catalogs place thousands of new standard components at the disposal of Cimatron users, eliminating many of the manual and time-consuming steps in the tool design process.

New Advanced Die Design Capabilities

Creating intermediate binder blanking surfaces and unfolding the part on these faces is one of the most challenging tasks in the die design process. In most cases, accurate results can only be achieved after a laborious and expensive trial and error process.

Based on a finite element analysis, Cimatron's "blank on binder" enables the user to perform this task and unfold freeform shapes onto a 3D geometry with unprecedented speed and accuracy.

Cimatron Brings Mold Making Solutions That Enable Faster Delivery to MoldMaking Expo 2008

Datum: 17/04/2008 17h38

Quelle: PR Newswire

Name: Cimatron, Limited (MM) (CIMT)

Kurs: 2.75  0.05 (1.85%)  22h40

Advanced CAD/CAM and Concurrent Engineering Capabilities Proven to Shorten Cycle Times

GIVAT SHMUEL, Israel, April 17 /PRNewswire-FirstCall/ --

Visitors to the upcoming MoldMaking Expo tradeshow (April 23 - 24, 2008, Novi, Michigan) will be able to see Cimatron's (NASDAQ:CIMT) suite of integrated CAD/CAM solutions that are proven to help mold makers deliver higher quality tools at lower costs and shorter cycle times.

Cimatron's CAD/CAM solutions address the entire process-from quoting through design, engineering changes, NC, and EDM programming to delivery. On display at the show will be Cimatron's solution for concurrent design and manufacturing, as well as exciting CAD/CAM enhancements recently released by Cimatron.

Concurrent Engineering

Cimatron's concurrent engineering capabilities improve productivity and collaboration and significantly compress product delivery times.  Concurrent design capabilities are built into Cimatron's CAD applications, enabling multiple users to simultaneously work on the same assembly and shortening the design cycle. Starting with the new release of CimatronE version 8.5, these concurrent design capabilities are available throughout the entire CAD product line.

Cimatron's support for concurrent engineering extends beyond the design phase. The integrated end-to-end design-to-manufacturing solution uses a single database that provides complete associatively and enables multiple steps of the design and manufacturing process to be performed in parallel.

These concurrent engineering capabilities and more will be demonstrated at Cimatron's booth #323 at the 2008 MoldMaking Expo.  "Looking at design and manufacturing as an integrated process can help mold makers accelerate delivery times and improve product quality,"  said Bill Gibbs, CEO and President, Cimatron Technologies, Inc.   "We are excited to share with MoldMaking Expo attendees these solutions for success."  

Also on display at the show will be new capabilities recently released in CimatronE version 8.5. These include modified NC reports, enhancements to the Automated Drill application, spiral cut milling and 3-5 Axis transformations in 5-Axis Production, and integrated CADENAS catalogs.

Streamlined Numerical Control:  Modified NC Setup Reports: Automatically-generated NC reports facilitate the information flow between NC programmers and the shop floor, providing machine operators with detailed information that includes the tool paths, procedures, tools, and parameters for each job. Images and user-specific information can be added to the reports, which can be presented either online or in print.

Automated Drill: New operations added to the Automated Drill application include profiling of holes and threading cycles, as well as pocketing for pre-drill preparation of difficult to drill areas such as slanted surfaces. These operations can be integrated into the automated drill sequence and reused from libraries to increase efficiency and accuracy.

5-Axis Production: CimatronE version 8.5 features new enhancements to the 5-Axis Production application, including spiral cut milling, 3-5 Axis transformations, and advances in impeller roughing.

Integrated CADENAS Catalogs  

CADENAS PARTsolutions is now integrated into CimatronE 8.5, enabling mold makers to shorten design cycles by incorporating ready-made CADENAS catalog parts into Cimatron tool assemblies.  While the catalog functionality has long been available in Cimatron's software, the CADENAS catalogs place thousands of new standard components at the disposal of Cimatron users, eliminating many of the manual and time-consuming steps in the tool design process.

Visit Cimatron at the MoldMaking Expo, April 23- 24, 2008 Rock Financial Showplace Booth #323

20.05.2008 11:28
Cimatron Reports Record Revenues of $10.3 million in Q1 2008 on a non-GAAP Basis

GIVAT SHMUEL, Israel, May 20 /PRNewswire-FirstCall/ -- Cimatron Limited (News) , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the first quarter of 2008.

Following the merger and acquisition transactions with Gibbs in early 2008 and with Microsystem in 2007, Cimatron's results in the first quarter of 2008 consolidate Gibbs' financials for the first time and consolidate Microsystem's results for the first time in a first calendar quarter.

In addition, following these transactions, and due to business combination accounting rules that have a significant impact on Cimatron's financial results, Cimatron is, for the first time, also reporting non-GAAP financial data.

Financial Highlights:

Revenues on a GAAP basis for the first quarter of 2008 increased 88% to $10 million, as compared to $5.3 million in the first quarter of 2007. The increase was attributed both to organic growth and to the consolidation of Microsystem's and Gibbs' results.

Gross Income on a GAAP basis for the first quarter of 2008 was $8 million as compared to $4.5 million in the same period in 2007. Gross margin in the first quarter was 80%, compared to 84% in Q1 2007. The decrease in gross margin is mainly attributed to business combination accounting rules, and as expected, to Microsystem's lower margins on third party hardware products sales as compared to the margins on Cimatron sales.

Operating Loss on a GAAP basis in the first quarter of 2008 was $(218) thousand, compared to an operating income of $113 thousand in the first quarter of 2007.

Net Loss for the quarter on a GAAP basis was $(298) thousand, or $(0.03) per diluted share, compared to a net income of $181 thousand, or $0.02 per diluted share recorded in the same quarter of 2007.

Revenues on a non-GAAP basis for the first quarter of 2008 increased 92% to $10.3 million, as compared to $5.3 million in the first quarter of 2007.

Gross Income on a non-GAAP basis for the first quarter of 2008 was $8.4 million as compared to $4.5 million in the same period in 2007. Gross margin on a non-GAAP basis in the first quarter of 2008 was 82%, compared to 84% in Q1 2007.

Operating Income on a non-GAAP basis in the first quarter of 2008 was $277 thousand, as compared to non-GAAP operating income of $123 thousand in the first quarter of 2007.

Net Income on a non-GAAP basis in the first quarter of 2008 was $235 thousand, or $0.02 per diluted share, as compared to non-GAAP net income of $191 thousand, or $0.02 per diluted share in the first quarter of 2007.

Commenting on the results, Danny Haran, President and Chief Executive Officer of Cimatron, said, "We are pleased to show year-over- year revenue growth as a result of organic growth and the addition of Microsystem and Gibbs. The Gibbs merger process is well underway, as Cimatron's global distribution network has broadened its offering with GibbsCAM solutions, and currently starting initial GibbsCAM sales.

During the first quarter of 2008 we have kept our business momentum, still, the strong devaluation of the US Dollar against the New Israeli Shekel resulted in a 20% increase in the costs of our Israeli operations in Q1 2008, as compared to Q1 2007. This devaluation effect was only partially offset by the more favorable Dollar to Euro exchange rate.

We are taking cost control measures to counter the weak Dollar effect on our financial results and expect to see the benefits of such measures during 2008."

Reconciliation between results on a GAAP and Non-GAAP basis is provided in a table immediately following the Consolidated Statements of Operation (Non-GAAP basis). Non-GAAP financial measures consist of GAAP financial measures adjusted to include recognition of deferred revenues of acquired companies and to exclude amortization of acquired intangible assets and deferred income tax, as well as certain business combination accounting entries. The purpose of such adjustments is to give an indication of our performance exclusive of non-GAAP charges and other items that are considered by management to be outside our core operating results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read in conjunction with our consolidated financial statements prepared in accordance with GAAP.

Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. We believe that these non- GAAP measures help investors to understand our current and future operating cash flow and performance, especially as our two most recent acquisitions have resulted in amortization and non-cash items that have had a material impact on our GAAP profits. These non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies.

Conference Call

Cimatron's management will host a conference call with the investment community today, May 20th, 2008, at 9:00 EST, 16:00 Israel time.

To participate, please call one of the following teleconferencing numbers. Please begin placing your call at least 5 minutes before the conference call commences.

USA: +1-888-668-9141 Israel: 03-9180609 International: +972-3-9180609

For those unable to listen to the live call, a replay of the call will be available from the day after the call under the investor relations section of Cimatron's website, at: .

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 the company'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 the 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 Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company 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.

CIMATRON LIMITED CONSOLIDATED BALANCE SHEETS (US Dollars in thousands)
Three months ended March 31, 2008 2007 Total revenue 10,006 5,333 Total cost of revenue 1,994 871 Gross profit 8,012 4,462 Research and development expenses, net 1,757 1,096 Selling, general and administrative expenses 6,473 3,253
Operating income (218) 113
Financial Income (expenses), net. (45) 69
Taxes on Income (41) (2)
Other 6 1 Net income $ (298) $ 181 Net income per share - basic and diluated $ (0.03) $ 0.02 Weighted average number of shares outstanding Basic EPS (in thousands) 9,357 7,835 Diluted EPS (in thousands) 9,462 7,835 CIMATRON LIMITED RECONCILIATION BETWEEN GAAP AND NON-GAAP INFORMATION (US Dollars in thousands, except for per share data)

Three months ended March 31, 2008 2007 GAAP Adj. NON-GAAP GAAP Adj. NON-GAAP Total revenue (1) 10,006 248 10,254 5,333 - 5,333 Total cost of revenue (2) 1,994 (147) 1,847 871 - 871 Gross profit 8,012 395 8,407 4,462 - 4,462 Research and development expenses, net 1,757 - 1,757 1,096 - 1,096 Selling, general and administrative expenses (2) 6,473 (100) 6,373 3,253 (10) 3,243 Operating income (218) 495 277 113 10 123 Financial Income (expenses), net. (45) - (45) 69 - 69 Taxes on Income (3) (41) 38 (3) (2) - (2) Other 6 - 6 1 - 1 Net income $(298) $533 $235 $181 $10 $191 Net income per share - basic and diluated $(0.03) $0.02 $0.02 $0.02 Weighted average number of shares outstanding Basic EPS (in thousands) 9,357 9,357 7,835 7,835 Diluted EPS (in thousands) 9,462 9,462 7,835 7,835 (1) Non-GAAP adjustment related to Gibbs' assumed support contracts that will not be recognized on a GAAP basis in fiscal 2008 or thereafter due to business combination accounting rules. (2) Non-GAAP adjustment to exclude non-cash amortization of acquired intangible assets. (3) Non-GAAP adjustment to exclude deferred taxes related to business combination accounting rules. CIMATRON LIMITED CONSOLIDATED STATEMENTS OF INCOME (US Dollars in thousands, except for per share data) March 31, December 31, 2008 2007 ASSETS CURRENT ASSETS: Total cash, cash equivalents and short-term investments $ 5,738 $ 9,026 Trade receivables 11,089 7,308 Other current assets 2,634 1,467 Total current assets 19,461 17,801 Deposits with insurance companies and severance pay fund 3,019 2,703 LONG-TERM INVESTMENTS: Marketable investments 421 1,158 Net property and equipment 1,530 1,337 Total other assets 14,669 4,328 Total assets $ 39,100 $ 27,327 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short-term bank credit $ 1,663 $ 791 Trade payables 2,693 2,258 Accrued expenses and other liabilities 8,934 7,889 Deferred revenues 3,859 742 Total current liabilities 17,149 11,680 LONG-TERM LIABILITIES: Accrued severance pay 4,320 3,929 Long-term loan 439 403 Other 1,998 282 Total long-term liabilities 6,757 4,614 Minority interest 67 63 Total shareholders' equity 15,127 10,970 Total liabilities and shareholders' equity $ 39,100 $ 27,327 Contact: Ilan Erez, Chief Financial Officer Yael Nevat, Cimatron Ltd. Commitment-IR.com Tel.; +972-3-531-2121 Tel: +972-3-611-4466 E-mail: ilane@cimatron.com +972-50-762-6215 E-mail: yael@commitment-IR.com

04.06.2008 14:20
Cimatron Expands Offering in China With GibbsCAM Machining Solutions

GIVAT SHMUEL, Israel, June 4 /PRNewswire-FirstCall/ -- Cimatron Limited (News) , a leading provider of integrated CAD/CAM solutions for the tool-making and manufacturing industries, is expanding the product portfolio offered to the Chinese market.

Cimatron, which already has a significant presence in China, is now adding GibbsCAM software to the product line offered to toolmakers and manufacturers in the region.

GibbsCAM solutions provide a broad range of CNC programming capabilities for milling, turning, mill-turn, rotary milling, tombstone-fixtured, wire-EDM, and multi-turret/multi-spindle machining. Modeling functionality tuned specifically for manufacturing supports the creation and manipulation of wireframe, surface, and solid geometries.

Featuring an intuitive user interface, built-in associativity, and simulation capabilities, GibbsCAM empowers manufacturers to increase productivity and elevate responsiveness to customer requirements and design changes.

GibbsCAM supports control and machine tools from leading vendors including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Matsuura, Mazak, Mitsubishi, Mori Seiki, Nakamura Tome, and Tornos.

With headquarters in Beijing and additional offices in Chengdu, Fujian, Wuhan, Guangzhou, and Wuxi, Cimatron's subsidiary in China has been expanding in support of a rapidly growing customer base and accelerating demand. In addition to its direct sales and support personnel, the company serves the market through over twenty independent dealers and nearly 60 training centers. The GibbsCAM product line will also continue to be available through Forida, GibbsCAM's reseller in Hong Kong.

"Given its strong market presence and remarkable industry expertise, Cimatron's subsidiary in China is the perfect match for expanding GibbsCAM's reach into this high growth region," said Robb Weinstein, Gibbs and Associates' Senior Vice President of Sales and Strategic Planning.

"GibbsCAM's reputation in production and especially in multi-task machining is growing very quickly in China and the rest of Asia Pacific," said Lang Yan, Cimatron's General Manager of Greater China. "We are extremely excited to be able to serve the Chinese market with GibbsCAM along with the rest of the Cimatron product line."

About Cimatron

With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM 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 is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site  

05.06.2008 09:45
Cimatron Announces Share Repurchase Program

GIVAT SHMUEL, Israel, June 5 /PRNewswire-FirstCall/ -- Cimatron Limited (News) , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced that its Board of Directors has authorized the use of up to $1 million of the Company's available cash to repurchase ordinary shares of the Company. Under the repurchase program, share purchases may be made from time to time at the discretion of management in the open market or in privately negotiated transactions depending on market conditions, share price, trading volume and other factors. Such purchases will be made in accordance with the requirements of the Securities and Exchange Commission. The repurchase program has no time limit, does not require Cimatron to acquire a specific number of shares, and may be suspended from time to time or discontinued.

As of June 4, 2008, Cimatron had approximately 9,394,598 ordinary shares outstanding and the closing price for its ordinary shares on The Nasdaq Capital Market as of June 4, 2008 was $2.00.

Commenting on today's announcement, Danny Haran, President and CEO of Cimatron said: "Our board of directors has determined that the repurchase of Cimatron stock represents an effective use of a portion of our cash at this time. The strength of our balance sheet, the confidence we have in our business model and the continued execution of our long-term business strategy support this decision."

18.08.2008 13:11

Cimatron's Q2/2008  Results Release Scheduled for August 27th, After Markets Close

GIVAT SHMUEL, Israel, August 18

-- Cimatron Limited (News) , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that it will be releasing its Q2/2008 financial results on Wednesday, August 27th, 2008, after the US markets close.

Cimatron's management will host a conference call on Thursday 28th, at 9:00 EST, 16:00 Israel time.

On the call, management will review and discuss the results, and will answer questions by investors.

To participate, please call one of the following teleconferencing numbers.

Please begin placing your call at least 5 minutes before the conference call commences.

USA: +1-888-668-9141

Israel: 03-9180610

International: +972-3-9180610

21.08.2008 10:03
Cimatron's German Subsidiary to Sell and Support GibbsCAM Machining Solutions

GIVAT SHMUEL, Israel, August 21 /PRNewswire-FirstCall/ -- Cimatron Limited (News) , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced that its German subsidiary is now selling and supporting the GibbsCAM advanced machining software solutions, marketed in Germany under the name of Virtual Gibbs.

The German subsidiary is the latest Cimatron office to offer the GibbsCAM solutions following the companies' merger earlier this year. With offices in Ettlingen, Hamm, Ismaning, Cologne, and Nuremberg, Cimatron GmbH has been serving a strong customer base of thousands of German tool makers and manufacturers for over 10 years.

GibbsCAM solutions provide a broad range of CNC programming capabilities for milling, turning, mill-turn, rotary milling, tombstone-fixtured, wire-EDM, and multi-turret/multi-spindle machining. Modeling functionality tuned specifically for manufacturing supports the creation and manipulation of wireframe, surface, and solid geometries.

Featuring an intuitive user interface, built-in associativity, and simulation capabilities, GibbsCAM empowers manufacturers to increase productivity and elevate responsiveness to customer requirements and design changes.

GibbsCAM supports control and machine tools from leading vendors including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Matsuura, Mazak, Mitsubishi, Mori Seiki, Nakamura Tome, and Tornos.

"Tapping into the resources and knowledge offered by Cimatron GmbH provides a quick and reliable route for expanding the GibbsCAM global distribution network," said Robb Weinstein, Gibbs's and Associates' Senior Vice President of Sales and Strategic Planning. "Cimatron GmbH will be working with the GibbsCAM Resellers already established in the territory to further capitalize on potential synergies."

"The GibbsCAM software will enable us to better respond to the demand for manufacturing solutions in the German market" said Dirk Dombert, Cimatron GmbH's General Manager. "We look forward to offering such a highly reputable solution to complement the rest of the Cimatron product suite."

Net profit jumps at Cimatron

The CAD/CAM software developer doubled revenue following two acquisitions in recent months.

28 Aug 08   15:43

CAD/CAM software developer Cimatron Technologies (Nasdaq: CIMT) has reported second quarter revenue that was double that of the second quarter of 2007.

With two significant acquisitions over the past twelve months, Cimatron revenue continues to grow.

Second quarter revenue reached $10.7 million, 6.9% higher than in the first quarter, and 94.2% higher than in the corresponding quarter of 2007.

Increased revenue was attributed both to organic growth and to the consolidation of results of recent acquisitions Microsystems and Gibbs and Associates.

Cimatron increased its stake in its Italian distributor Microsystems to 51% in 2007, and in July of this year exercised its option to buy the remainder of the company for $1.5 million.

Cimatron was profitable on a GAAP basis, with net profit of $205,000, and reported a large jump in non-GAAP net profit to $740,000.

Non-GAAP net profit in the second quarter of 2007 was $301,000.

Cimatron CFO Ilan Erez  today that the firm was pleased with the results. "At the beginning of the year, after we bought private US firm Gibbs, we said that even without synergy we could together reach annual revenue of at least $40 million. As of now, we are keeping that promise."

In the first half of the year, Cimatron revenue reached $20.7 million.

Givat-Shmuel based Cimatron was not able to recognize part of Gibbs' revenue, which had been listed as "deferred maintenance revenue" when it was bought.

Adding the additional revenue gave Cimatron a non-GAAP revenue figure of $10.9 million.

Erez explained, "Specific parts of Gibbs' revenue are not able to be recognized this year. It amounts to $1 million over 2008, or about $250,000 per quarter."

Cimatron provides integrated CAD/CAM solutions for mold, tool, and die makers as well as manufacturers of discrete parts.  Shares in Cimatron closed on Wednesday at $2.09 on Nasdaq, reflecting a market cap of $19.56 million.

Cimatron Reports Revenues of $10.1 Million and Net Income of $0.65 Million on a Non-GAAP Basis in Q3/08
Monday November 17, 5:11 pm ET
Revenue Increase of 67% and Net Income Increase of 60% on a Non-GAAP Basis in the First Nine Months of 2008

GIVAT SHMUEL, Israel, November 17 /PRNewswire-FirstCall/ -- Cimatron Limited (NASDAQ: CIMT - News), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the third quarter and first nine months of 2008.

Third quarter 2008 Financial Highlights, compared to the third quarter of 2007:

   - Revenues on a non-GAAP Basis: 27.8% increase to $10.1 million
   - Net Income on a non- GAAP Basis: 23.5% increase to $0.65 million
   - Revenues on GAAP Basis: 24.6% increase to $9.9 million
   - Net Income on GAAP Basis: 77.2% decrease to $0.11 million


Revenue on a non-GAAP basis in 2008 excludes the effect of business combination accounting rules on the acquired deferred maintenance revenue balance of Gibbs. Expenses on a non-GAAP basis exclude the non-cash amortization of acquired intangible assets of Microsystem and Gibbs, and the deferred taxes related to these acquisition- related items. Cimatron has consolidated Microsystems' results since Q3 2007 and Gibbs' results starting Q1 2008.

The following provides further details on Cimatron's GAAP and non-GAAP figures in the third quarter and the first nine months of 2008:

GAAP:

Revenues on a GAAP basis for the third quarter of 2008 increased 24.6% to $9.9 million, as compared to $7.9 million in the third quarter of 2007. For the first nine months of 2008, revenue increased by 63.0% to $30.6 million, compared to $18.8 million in the same period of 2007.

Gross Income on a GAAP basis for the third quarter of 2008 was $8.2 million as compared to $6.4 million in the same period in 2007. Gross margin in the third quarter was 82.7%, compared to 80.6% in Q3 2007. For the first nine months of 2008, gross income was $24.9 million, compared to $15.5 million in the same period of 2007. Gross margin for the nine months ended on September 30th, 2008 was 81.6% of revenues as compared to 82.9% of revenues in the same period of 2007.

Operating Income on a GAAP basis in the third quarter of 2008 was $19 thousand, compared to operating income of $450 thousand in the third quarter of 2007. In the first nine months of 2008, Cimatron had an operating loss of $(126) thousand, compared to operating income of $845 thousand in the first nine months of 2007.

Net Income on a GAAP basis for the quarter was $111 thousand, or $0.01 per diluted share, compared to net income of $486 thousand, or $0.06 per diluted share recorded in the same quarter of 2007. In the first nine months of 2008 net income was $18 thousand, or $0.0 per diluted share, compared to net income of $958 thousand, or $0.12 per diluted share, in the first nine months of 2007.

Non-GAAP:

Revenues on a non-GAAP basis for the third quarter of 2008 increased 27.8% to $10.1 million, as compared to $7.9 million in the third quarter of 2007. For the first nine months of 2008, revenue increased by 66.9% to $31.3 million, compared to $18.8 million in the same period of 2007.

Gross Income on a non-GAAP basis for the third quarter of 2008 was $8.5 million as compared to $6.4 million in the same period in 2007. Gross margin in the third quarter of 2008 was 84.5%, compared to 80.6% in Q3 2007. In the first nine months of 2008, gross income increased 68.0% to $26.1 million, compared to $15.5 million in the first nine months of 2007. Gross margin for the nine months ended on September 30th, 2008 was 83.4% of revenues as compared to 82.9% of revenues in the same period of 2007.

Operating Income on a non-GAAP basis in the third quarter of 2008 was $514 thousand, as compared to operating income of $487 thousand in the third quarter of 2007. In the first nine months of 2008, Cimatron reports operating income increase to $1.36 million, compared to operating income of $902 thousand in the first nine months of 2007.

Net Income on a non-GAAP basis in the third quarter of 2008 increased 23.5% to $646 thousand or $0.07 per diluted share, as compared to net income of $523 thousand, or $0.07 per diluted share in the third quarter of 2007. In the first nine months of 2008, net profit increased by 59.6% to $1.6 million, or $0.17 per diluted share, compared to a net profit of $1.0 million, or $0.13 per diluted share, in the first nine months of 2007.

Commenting on the results, Danny Haran, President and Chief Executive Officer of Cimatron, said, "We are pleased to present an increase in revenues and profits on a non-GAAP basis, following the merger transaction with Gibbs and Associates. Cimatron, being an active player in the automotive, consumer, and production markets, may very well be affected by a prolonged global economic slowdown. However, we believe that our strong balance sheet and cash reserves are important assets in the current worldwide financial turmoil. While exercising tight budget control, we continue to invest in both the CimatronE and GibbsCAM product lines. In particular, we accelerated the process of selling GibbsCAM for high-end multi-axis machines, a lucrative market segment believed to be more recession resilient than other segments of the manufacturing market. With over $6M in cash, broad product offerings, and strong distribution channels, we believe that Cimatron is well positioned to meet the challenges and take advantage of the opportunities that lie ahead", concluded Mr. Haran

MFG
Chalifmann