Cimatron Announces Underwriters Exercise of Over Allotment Option

GIVAT SHMUEL, Israel, April 1, 2013 — (PRNewswire) —

Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced that the underwriter of its previously announced secondary offering has exercised in full its over allotment option and have purchased an additional 375,000 ordinary shares from the selling shareholders. The over allotment option was granted by the selling shareholders in connection with an underwritten public offering of 2,500,000 shares at an offering price of $5.25 per share, which priced on March 21, 2013, and closed on March 26, 2013. All of such shares were offered and sold by shareholders of Cimatron, and such selling shareholders received all of the net proceeds from this offering. Cimatron did not receive any proceeds from this offering.

Roth Capital Partners, LLC acted as the sole underwriter for the offering. 

The shares described above are being offered by the selling shareholders pursuant to a registration statement previously filed with and subsequently declared effective by the Securities and Exchange Commission. A preliminary prospectus supplement relating to the offering was filed with the SEC on March 20, 2013 and is available on the SEC's website at http://www.sec.gov.  The final prospectus supplement relating to the offering was filed with the SEC on March 22, 2013 and is available on the SEC's website at http://www.sec.gov.  Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained, when available, from Roth Capital Partners, LLC, 888 San Clemente Drive, Newport Beach, CA 92660, 800-678-9147, Email Contact.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there by any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Cimatron
With 30 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM software 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 and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with software solutions for mold design, die design, electrode design, 2.5 to 5 Axis 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.

Safe Harbor Statement
This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the public offering and the anticipated closing and timing of the closing. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated.  Such statements relate to, among other things, the anticipated satisfaction of the conditions to closing of the offering, market conditions, and risks related to Cimatron's plans, objectives and expected financial and operating results. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Cimatron's ability to control. For more details about the risks and uncertainties related to Cimatron's business, refer to Cimatron's filings with the Securities and Exchange Commission. 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: +972-73-237-0114
Email: Email Contact

Investor Relations contact:

Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) +1-646-201-92
Email: Email Contact

SOURCE Cimatron Ltd

Contact:
Cimatron Ltd

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