Mazak and Gibbs Enter Into Collaboration

MOORPARK, CA - August 24, 2005 - Gibbs and Associates, developer of GibbsCAM®, CAM software for programming CNC machine tools, and Mazak-USA (Florence, Kentucky) announced today that they have entered into a strategic collaborative partnership agreement, to optimize support for Mazak's multi-task CNC machine tools, such as the Integrex, Integrex E-Series, Multiplex, Quick Turn Nexus, and Super Quick Turn (SQT) model. The companies have entered into a non-disclosure agreement which will allow them to exchange information about and collaborate on next generation solutions.

"We are extremely pleased to be partnering with Mazak to support their line of multi-task machine tools," stated Robb Weinstein, Gibbs and Associates' Senior Vice-President of Sales and Strategic Planning. "Multi-task machine tools represent one of the fastest growing segments of machine tools and Mazak is the leading provider worldwide. As a matter of fact, Mazak customers already make up a significant percentage of GibbsCAM MTM users. Working with Mazak, GibbsCAM will provide a powerful NC programming solution able to support the wide variety of capabilities and configurations Mazak offers. With GibbsCAM, Mazak users will have the capability, flexibility, and ease of use needed to optimize the productivity of their Mazak machine tools."

The growing popularity and demand of Mazak multi-task machine tools is due to a number of significant benefits they offer:

• Reduction of Part Cost
• Increased Throughput
• Even Shipment Flow & Cash Flow
• Increased Part Accuracy & Improvement of Design
• Fixture & Tooling Reduction
• Unattended Operation
• Set-up Reduction
• Reduction of Non Value-Added Time
• Compression of Manufacturing Lead Times
• Increased Profitability

"Multi-task machining is a key element of our product strategy," commented Chuck Birkle, Marketing Vice-President Mazak Corporation. "By joining with Gibbs we can ensure that our customers are able to take full advantage of the range of capabilities of their Mazak machine tools."

About Mazak
Mazak manufactures the most productive machine tools in the world meeting standards of precision and reliability that are second to none in products, development, and manufacturing. All manufacturing facilities in Japan, the US, England, China and Singapore meet the high standard of machine quality Mazak insists upon. Agile manufacturing in all factories worldwide provides consistent, high quality-machine tools. By producing machines close to the market, Mazak understands what their customers need to gain a competitive edge. This ability to match products to the market requirements allows Mazak to produce innovative, high performance machines at a reasonable price. In North America alone, there are over 1,200 Integrex machine tools in use. This number does not take into account thousands of other Mazak machine tools that are in installed, which are multi-tasking category, such as Super Quick Turns.

For more information, go to the company's web site at www.mazakusa.com .

About Gibbs and Associates and GibbsCAM
For over twenty years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support successful customers require.

The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM has received Microsoft's "Designed for Windows XP/2000" certification. GibbsCAM's data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Application Program, is a Solid Edge Certified Select Product, and is a SolidWorks Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including Mazak, GE Fanuc, Siemens, Daewoo, Fadal, Haas, and Mitsubishi. Gibbs and Associates distributes its products worldwide through a network of international Resellers. For more information about Gibbs and Associates and its CAM software packages, call 1-800-654-9399, or visit the company on-line at www.GibbsCAM.com .

The Gibbs logo, GibbsCAM, GibbsCAM logo, CAM von Gibbs, Virtual Gibbs, Gibbs SFP, SolidSurfacer, MTM and "Powerfully Simple. Simply Powerful." are either trademark(s) or registered trademark(s) of Gibbs and Associates in the United States and/or other countries. Microsoft, Windows, and the Windows logo are trademarks, or registered trademarks of Microsoft Corporation in the United States and/or other countries. All other brand or product names are trademarks or registered trademarks of their respective owners.