CIMdata PLM Industry Summary Online Archive
27 March 2007
Company News
Cimatron Opens Two New Offices in China to Meet Growing Demand
Cimatron Limited announced the opening of two new offices in China. The new offices in Fujian and Wuhan will join the existing offices in Beijing, Chengdu, Guangzhou, Shanghai, and Wuxi, supporting the growing customer base and accelerating demand for Cimatron's products in China.
"Cimatron's subsidiary in China achieved 80% revenue growth in 2006," said Danny Haran, Cimatron's President and CEO, in his comments on the company's recently announced financial results. "The Chinese market is the fastest growing market for Cimatron, and we continue to invest and expand our operation in this strategic market."
"The Chinese economy continues to expand at a rapid pace, and more tooling and manufacturing operations now realize the need for more advanced and productive CAD/CAM solutions," says Lang Yan, Cimatron's General Manager in China. "The new offices will enable us to better support our rapidly growing customer base and meet the increasing demand for Cimatron's solutions."
Earlier this month, Cimatron China hosted its annual Dealer Conference, an event that brought together the most senior representatives of Cimatron dealers around the country. Over twenty independent dealers are currently authorized to sell and support Cimatron's products in China.
The conference coincided with the launch of a new release of Cimatron's flagship product -- CimatronE 8.0 -- to the Chinese market. The new release has attracted much attention, with many local media representatives attending the event. A localized Chinese version of the product is scheduled to be released later this month.
Ira Bareket, Cimatron's Corporate Vice President of Sales and Marketing, attended the Dealer Conference and remarked: "This conference is a testament to Cimatron's commitment to the Chinese market. Manufacturing activity in the region continues to show strong growth, and local manufacturers are looking for ways to continue and compete in the global arena. It is important that we not only provide them with the technology they need, but also have local resources that can provide first class support to the growing number of manufacturers and toolmakers that are adopting Cimatron's solutions."
For more information, please visit the Cimatron websites at http://www.cimatron.com.cn/ (Chinese) or http://www.cimatron.com (English).
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