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Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions used in the automotive, medical, consumer plastics, electronics, and other industries, announced financial results for the fourth quarter and full year ended December 31, 2006.

Revenues for the year ended December 31, 2006 were $21.5 million, compared to $20.9 million in 2005. Software product revenues for the year increased 7.5% compared to 2005. For 2006, net income was $514 thousand, or $0.07 per diluted share, compared to a net loss of $(4.59) million, or $(0.59) per diluted share in 2005.
Cimatron's business and financial results reflect the turnaround of the last two years, in which the Company focused on new product development and reorganization of its global sales and marketing forc e. The main achievements in 2006 were revenue growth, broadening of the products' offering to new markets and higher profit margins.

Danny Haran, President and Chief Executive Officer of Cimatron, said, "Cimatron's financials for 2006 reflect our efforts to develop and launch competitive products to the entire toolmaking and manufacturing industries, as well as tight expense control and more efficient organization. Cimatron's subsidiary in China achieved 80% revenue growth in 2006. The Chinese market is the fastest growing target market for Cimatron, and we continue to invest and expand our operation in this strategic market. Other key territories have also performed well in 2006, including the large markets of Germany and Japan. In North America, we are expanding our operations to cover additional markets beyond our strong presence in the automotive industry.

Rimon Ben-Shaoul, Chairman of the Board of Directors of Cimatron Said, "after several years of re-organization, cost cuttin g and extensive product development, we believe the Company is now on the right track for sustained growth and profitability, and that Cimatron's current competitive advantages enable us to reinforce our worldwide market positioning, both in emerging and traditional markets."

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

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Profile:  Cyclone Aviation Products, Ltd.

Organized for top-level performance, Cyclone Aviation Products, Ltd. is an internationally recognized design and production center of aircraft structural components and parts for the world's leading aerospace companies. Cyclone performs overhauls, repairs and customized upgrades on airplanes and helicopters. The company's advanced helicopter & aircraft maintenance facilities serve the U.S., UN, Israeli and other armed forces, as well as quality-conscious civilian organizations. Cyclone is a subsidiary of Elbit Systems Ltd. with head quarters in Haifa, Israel.
For more information on Elbit : Elbit Systems

Cyclone's dedicated project management teams work hand-in-hand with a skilled and experienced workforce to ensure that all products and services are performed on the highest professional level, and in full compliance with contract requirements. The company's engineers and technicians, test pilots and Quality Assurance personnel combine inter-disciplinary skills to fulfill Cyclone's goal - to be the best we can as an organization. This means our customers enjoy service - from concept through design to final product -which is consistently on schedule, on budget and purely professional.
Cyclone's management team is thoroughly involved in the operational aspects of the company's business. Program management is characterized by a constant dialog between company managers and their departments, keeping them on top of and current with manufacturing and service activities, ensuring achievement of target results. The program manager takes total responsibility for all contractual, specifications, scheduling and budgetary aspects of a project, reporting directly to the company president. Cust omers are kept fully aware of program status with planned design reviews, program management reviews and technical coordination meetings, as well as periodical program status reports. This well-defined and flexible program management structure is a major factor in Cyclone's excellent customer satisfaction ratings and on-time delivery record.
Cyclone's customers appreciate our full range of services, managed through a single contact.

Aerostructure Assembly & Aircraft Components Manufacturing

From flight control and aerodynamic surfaces to doors for civilian and military aircraft and special parts, Cyclone's assembly line and part production programs cover a wide range of aviation products. With its strong technical and engineering capabilities, backed by a rigorous LEAN system, Cyclone is a recognized specialist in Build-to-Print & Build-to-Spec aerostr uctures. Numerous awards point to the industry-wide respect gained by Cyclone over the years from aerospace industry leaders.
Recent projects include:
Commercial:

• Boeing 737NG Wheel Well Doors
  
• Boeing 757 Access Doors
  
• Boeing 767 Side Load Fitting
  
• Boeing 767 Tail Skid Fairing
  
• Boeing 767 Blowout Doors
  
• MD-11 (DC-10) Passenger Doors
  
• DO 728 Belly Fairing
  

Metal - Gridlock

Metal processing technologies include:

• High Velocity (40,000 rpm) 5 axis NC Machining
  
• Sheetmetal Forming
  
• Stretch Forming
  
• Chemical Milling
  
• Chemical and Heat Treating Processes
  

• Affordable prices
  
• Robustness
  
• Excellent repeatability
  
• Fast and accurate prototyping and manufacturing.
  

• MIL-Q-9859A, Quality Program Requirements
  
• MIL-I-45208A, Inspection System Requirements
  
• MIL-STD-45662A, Calibration System requirements
  
• MIL-STD-1520C, Corrective Action & Disposition of Non-Conforming Material
  
• MIL-STD-410E, Non-Destructive Testing Personnel Qualification Certification
  
• ISO-9001, Quality Systems Model for Quality Assurance in Desig n, Development, Production and Services
  
• ISO-9001, Rev. A - Advanced Quality Systems Approval
  
• Israel Civil Aviation Authority - Aircraft Repair Station
  
• Statistical Process Control (SPC) System Approval - L.M.T.A.S.
  

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