Company Uncovered: Cimatron (Nasdaq: CIMT)

Submitted By Zack Miller

Cimatron (CIMT) was February’s Stock of the Month as part of our new subscription newsletter, Israel Opportunity Investor. You can find out more about the product and the opportunities we cover at www.israelnewsletter.com

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Hi Dan, can you tell us what Cimatron does?
Dan Haran, CEO: Cimatron (Nasdaq: CIMT) is in the CAD-CAM arena for manufacturing. When companies manufacture things, they still need a lot of CAD-CAM or Numeric Control (NC). When people have to machine anything (milling, turning, etc.), this all needs to be computer driven.

What do you do for plastic manufacturing?
DH: With plastic-injection molds, it’s quite complex to make the mold. It’s not just two pieces of metal with a cavity. Manufacturers need to inject plastic, cool it, eject the part – the machine to do this is quite a complex machine. Molds have up to 5,000 parts (pins, screws, plates). To design these machines, it’s a very complex design task. Typically, one person designs the product, but another person (usually in another company) designs the molds for each part. Having good software is essential to managing this process. (more…)




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