Executives Named at Cimatron Technologies, Eyal Dolev to CEO-North America

Eyal Dolev has been named CEO of North America for Cimatron Technologies Inc (Livonia, MI). In this position Dolev is responsible for the full operation of the North American Organization, including the U.S. and Canada. This includes management of the company's staff of more than 50 employees, its sales and marketing, as well as training of Cimatron's customer base. Planned is aggressive expansion of the company's sales force to increase revenues and expand Cimatron's North American presence.

From 1991-1996, Dolev was VP-sales and marketing for Cimatron Ltd. During that time, he was personally responsible for building Cimatron's worldwide presence, especially in the Asian market, which produced upwards of 35% of the company's revenues.

Arie Feldman, founder of Cimatron Ltd stated: "This is a well-deserved title for a man that has the vision, aggressiveness, sales skills, and strategic marketing knowledge to lead our North American operation."

Peter Bolger has been appointed manager, new products and strategic accounts. According to Eyal Dolev, president and CEO, "Peter's vast knowledge of the moldmaking and tooling industry as well as his experience selling products such as Pro-E and Solidworks make him the ideal person for this position."

Bolger's primary responsibilities include marketing and sales direction for new Cimatron products, penetrating potential customers deemed to be large or strategic in nature, and investigating and creating proposals for customers interested in customizing Cimatron products.

Prior to his current position, Bolger served as VP of Cimatron Technologies with sales direction responsibility. In that role he oversaw the opening of five district sales offices and managed a sales team of more than 25 and grew the company's sales to more than $4.5 million in a five-year period.

Dan Marinac has been appointed strategic marketing manager with primary responsibilities for researching, formulating, and executing a strategic marketing and engineering plan for Cimatron. He is working with product teams in long-range planning, needs-assessment, and specification writing, as well as in new product introductions. Marinac will work closely as a research and development liaison with major U.S. accounts, including Motorola Cellular, Motorola Pager, Reebok, and numerous Tier1 automotive suppliers.

Cimatron Technologies Inc., 19500 Victor Parkway, Suite 300, Livonia, MI 48152; phone: 734-432-6600