PRESS RELEASE 2011

VARGUS LAUNCHES GROOVEX AT EMO 2011
NEW LINE OF INNOVATIVE AND COST- EFFECTIVE GROOVING SOLUTIONS

Renowned cutting tool specialist VARGUS Ltd., the leading supplier of premium threading, turning and milling tooling solutions as well as hand deburring tools, is pleased to announce the launch of its new groundbreaking range of Groovex tool solutions for cost-effective, high-performance grooving applications.

Commenting on the launch of Groovex at EMO 2011, VARGUS VP Sales & Marketing, David Wolfe, states, “Entering the world of grooving is a quantum leap forward in our development and evolution as a company. We are fully committed to the Groovex program; in addition to the products we launched at EMO Hannover, we are also planning further product roll outs in Q4 2011 and beyond.”

Offering a range of tooling and insert solutions for grooving applications across all industry sectors, the Groovex portfolio comprises:

·  Laydown Grooving – the Vargus standard line for general use in grooving applications, available in a wide range of sizes and profiles (square, DIN 472/471, round and DIN 76 thread undercuts) for both external and internal applications. Groove depths of 0.35 mm-2 mm and widths of 1.19 mm-2.24 mm can be achieved.

·  Microscope – micro tools for small bores with indexable carbide inserts for grooving, boring and threading (down to 1 mm). The Microscope line includes a new range of square shank toolholders specifically designed for Swiss automatic machinery.

·  Mini-V – ideal for small/medium bores – featuring a new clamping system for interchangeable carbide shank toolholders and high-precision indexable inserts. Available in bore diameters of 8 mm to 16 mm, the Mini-V can accommodate various grooving routines such as square and round grooving, as well as chamfering and threading applications.

·  GM Solid – These tools offer four to six cutting edges (flutes) in one tool for applications with groove widths/depths of 0.7 mm-2 mm and up to 1.5 mm, respectively. GM Solid tools can integrate with a wide range of grooving and chamfering applications and are available in bore diameters from 6 mm.

·  GM Slot – an innovative solution (patent pending) developed by the VARGUS R&D team. A three-flute tool with unique clamping system that accommodates indexable inserts with different profiles (for grooving and chamfering), available in bore diameters from 12.7 mm and for groove widths/depths of 1.2 mm-4 mm and up to 3.25 mm, respectively.

·  SGM (Shallow Groove Milling) – tools for large diameter work – minimum bore diameters of 40 mm. Able to operate effectively with long overhangs, SGM tools are targeted at the production of groove widths from 1.25 mm-4.7 mm and up to 3.8 mm deep.

Issued on behalf of Vargus Ltd.

Visit us at www.vargus.com or contact us with any of your questions and comments.

David Wolfe, Vice President Sales & Marketing

Annie Reuveni, Marketing Communications Manager

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VARGUS AT EMO 2011 Hannover - Hall 3, Stand J24

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