09 February 2009

Cimatron Signs New Multi-Year Deal with Siemens PLM Software for D-Cubed Components

PLANO, Texas, February 9, 2009 – Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, and Cimatron Limited of Givat Shmuel, Israel, a leading provider of integrated CAD/CAM solutions for the tool-making and manufacturing industries, today announced that Cimatron has renewed its agreement to use three of Siemens PLM Software’s D-Cubed™ component software products – 2D DCM, 3D DCM and HLM – inside their CimatronE suite of integrated CAD/CAM solutions. The agreement has also been extended to include support for the 64-bit PC/Windows platform.

CimatronE offers mold and die designers applications for modeling, electrode design and NC tool-path generation. The parametric sketching foundations of CimatronE’s CAD capability are provided by the 2D DCM. The 3D DCM is used for parametric part positioning in support of mold and die assembly modeling, and the HLM is used for fast and accurate generation of hidden line drawings.

“The D-Cubed components are widely used across the CAD/CAM application development industry. We have been using them since 1997 and it is clear to us that they offer an excellent combination of value, functionality and quality for Cimatron and our customers,” said Danny Haran, President and CEO of Cimatron. “After a review of our future requirements and options, we are pleased to have secured long term access to these important technologies and to extend our use to 64-bit platforms. Factors such as ease of integration and high quality support services make a valuable contribution to meeting the needs of our customers in the relevant functional areas.”

“The D-Cubed components have evolved over many years to meet the demanding requirements of a large and diverse customer base,” said Bruce Feldt, vice president of Open Tools, Siemens PLM Software. “We put our software components through an extensive process of market validation and optimization, resulting in a commercial and technical offering that is unmatched in the CAD/CAM/CAE/PLM industry. This position is further reinforced today with Cimatron’s renewed commitment to our solutions.”

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 www.cimatron.com.

About PLM Components: Parasolid and D-Cubed

PLM Components are software tools that support innovation and promote interoperability in CAD, CAM, CAE and PLM applications. Siemens PLM Software develops these components, uses them throughout its own applications and licenses them to independent software vendors and end-user organizations. PLM Components include the Parasolid® and D-Cubed software products, widely used technologies that provide 3D part and assembly modeling, editing and interoperability, 2D/3D parametric sketching, motion simulation, collision detection, clearance measurement and visualization functionality. Applications include mechanical CAD, CAM, CAE, mold design, sheet metal, AEC, GIS, structural, plant and ship design, CMM, reverse engineering and sales configuration. For more information, please visit www.siemens.com/plm/open.

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 5.9 million licensed seats and 56,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with companies to deliver open solutions that help them turn more ideas into successful products. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg, Germany) is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industries to solutions for whole industrial sectors that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers – from product design and development to production, sales and a wide range of maintenance services. With around 42,900 employees worldwide Siemens Industry Automation achieved in fiscal year 2008 total sales of EUR8.7 billion.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Parasolid and D-Cubed are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. Cimatron and CimatronE are trademarks of Cimatron Ltd. or its subsidiaries in the United States and in other countries. GibbsCAM is either a trademark or registered trademark of Gibbs and Associates in the United States and/or other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.