Cimatron Announces Termination of Management Agreement with DBSI

Cimatron Limited CIMT, (the "Company"), a leading provider of integrated CAD/CAM software solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced today that DBSI, its controlling shareholder until recently, will stop providing management services to the Company. DBSI has been providing Cimatron with management services since 2002 (together with Koonras Technologies Ltd., and alone since 2008), all as previously approved by Cimatron's shareholders. Such services have included service of members of the board (currently performed by three directors). Upon the cessation of the management services (expected to take place in September this year), DBSI will no longer receive the management fees it has received from the Company for such services. About Cimatron With over 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 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's shares are publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com