Multi Station Grinders

1. Multi Station Grinders International Tool Machines of Florida Inc. 5 Industry Drive Palm Coast, Florida 32176 Tel: 386-446-0500 Fax: 386-445-5700 iitm@pcfl.net www.itmfl.com ITM Multi Station Grinders End

2. Mr. Karl H. Giebmanns, the founder and President of ITM, began his career in 1969 working as a chief designer for a German grinder manufacturer. He has also worked as plant manager and chief engineer for a U.S. manufacturer of grinding machines. Armed with many forward thinking ideas, and eager to design and manufacture his own line of grinding machines, In 1981 Mr. Giebmanns established ITM in Westport, Connecticut. ITM was founded with the purpose of supplying application driven, high value, production grinding machines to a worldwide customer base. ITM’s customers have been primarily well known companies from around the world, which are leaders in the tool & cutter industry, medical industry, automotive industry and others. In 1992, ITM moved its design and manufacturing facility to Palm Coast, Florida. The new larger facilities gave the company room to grow as its customer base continued to expand. The Florida location, with its year round mild climate, good schools, and low cost of living, provides the employees of ITM with a high standard of living. The attractive Florida location has also made it easier to recruit new talent from around the world. Palm Coast is located 5 minutes from the Atlantic Ocean and offers numerous recreational activities such as boating, fishing, golf, tennis, motorcycling, biking trails, hiking, equestrian sports, live shows, and many fine restaurants. ITM is also located less than 1.5 hours away from three international airports. The city of Palm Coast, Florida provides an excellent base from which to operate. In fact, the company has seen it’s sales triple since moving to Florida! ITM Company History ITM Multi Station Grinders End

3. ITM Company History ITM Recipe for Success ITM uses a small and effective staff, coupled with aggressive and focused leadership, to design and manufacture its machines. This allows us to respond quickly to an ever-changing marketplace and special customer requirements. Some new machine designs have gone from concept to completion in under three months. ITM currently holds over 30 patented machine designs. By using a building block concept, in conjunction with the latest computer technology, machines are easily tailored to the customer’s exact needs. The innovation of these machines is that 80 percent of their components can be applied universally to a range of tasks, while only 20 percent of the machine must be customized to suit specific tasks. ITM can also develop proprietary machine designs for customers giving them a distinct advantage over their competitors. ITM designs the machines, develops software, assembles the components, and installs all the machine electronics at the Palm Coast facility. The machined and fabricated components are outsourced to carefully selected vendors in Florida, Connecticut, and Germany. Many of our vendors have been with ITM since the beginning of the company. By outsourcing these components, we are able to respond quickly when large multiple machine orders are placed and at other times of high demand. ITM Multi Station Grinders End

4. ITM Company History Another key ingredient in ITM’s success is the accumulated grinding knowledge that has been gained by ITM personnel from diversified exposure to a large number of industry markets. We believe that the best grinding machine is no good without the correct grinding technology. ITM offers turnkey solutions with the most productive and cost effective grinding wheel technology and coolant systems. In order to overcome the limitations of existing coolant systems, ITM developed its own coolant filtration system. The correct grinding technology and a consistent coolant supply is one of the keys to producing high quality parts in the shortest time possible. Including the Multi Station Grinders ITM offers a total of 6 various Production Lines. A Few Success Stories ITM was the first grinder manufacturer to develop a machine and automatic grinding process for producing stainless steel hip broaches used in hip joint replacement surgeries. Prior to purchasing ITM machines in 1985 , the hip broaches were ground by hand using a labor-intensive process that required 11hours to produce a complete broach. With the new ITM process, the cycle time was reduced to 20 minutes and part quality was greatly improved! ITM developed a new machine and process for producing large high quality thread rolls. Prior to the purchase of the ITM grinders, the customer averaged 20 hours to produce one thread roll. With the ITM grinders, the customer was able to produce a complete thread roll in 50 minutes! AFS-8-200 Filtration System ITM Multi Station Grinders End

5. ITM Company History For a manufacturer of carbide drills, ITM built machines for preparing the carbide drill blanks that, with the use of high speed peel grinding, reduced the average cycle time to produce a complete blank from 25 minutes to 5! One of ITM’s greatest success stories has been the development of our ever-expanding line of Multi Station Grinders. Multi Station Grinders divide up the operations to produce a complete part over up to 5 grinding stations. The end result is a high quality part at very high rates of production. The first ITM multi station grinder was developed for the production of HSS drills. One customer who selected ITM to be the sole supplier of its HSS drill grinding machines purchased 41multi station grinders over a 2-year period. The machines were purchased because of their small footprint, greatly reduced manpower requirements, and increased throughput. Throughput is increased by eliminating the scheduling headaches associated with performing separate operations on multiple stand-alone machines. A customer who manufacturers carbide drills on an ITM multi station grinder was able to reduce his cycle time to produce a complete high performance carbide drill from 10 minutes down to 2.5 minutes! An ITM customer who manufactures HSS routers produces a complete router every 7.5 seconds with their multi station grinders. This compares to over 60 seconds before the purchase of the ITM multi station grinders! ITM Multi Station Grinders End

6. ITM Company History Finally, an ITM customer purchased a multi station grinder to produce carbide, diamond cut, ball nose routers. ITM worked closely with this customer to optimize the machine and grinding technology for the production of these tools. Prior to delivery, the machine ran production for 3 months at ITM 24 hours a day, 7 days a week “lights out” and unattended operation overnight and on weekends. The machine is equipped with an automatic system to notify an attendant via telephone in the event of a machine alarm. With the ITM multi station grinder, a complete part was ground every 72 seconds, and during the 3 month period a total of 85,000 parts were produced! During the same 3-month period, the customer’s existing machine could produce a maximum of only 16,500parts in a two shift five day operation! Moving Forward ITM is an application driven company. Our grinding machines are designed to provide our customers with the best possible solution to their manufacturing challenges. We are experienced at the efficient utilization of our resources to design and manufacture very forward thinking, cost-effective, and innovative machines. We operate in an organized way that creates an environment where things get done right the first time. We strive to stay focused on our goals and achieve them in the most efficient way possible. We are not afraid to question the way things have been done in the past. By doing these things, we are able to deliver high quality, high value machines to our customers in a profitable way. EMO Trade Show Germany -September 2001 ITM Multi Station Grinders End

7. Overview Multi Station Grinders • ITM’s Multi Station Grinders are production grinding machines for the manufacturer of HSS and Carbide Cutting Tools, round shank and square (carbide inserts). • The RTG “Rotary Transfer Grinder” resembles a compact grinding cell consisting of up to 5 precision grinding stations connected by a high speed rotary transfer mechanism. ITM Multi Station Grinders End

8. Benefits of Multi Station Grinders • Optimum part per person output ratio • Reduction of cycle times • Increased Uptime • Reduced Changeover/ Set-up time • Reduced Production Scheduling time • Reduced floor space requirements • Reduced wheel cost ITM Multi Station Grinders End

9. Machine Features & Specifications • Up to 5 Grinding stations and 1 Load/Unload station in one compact machine cabinet (68 sq ft) • Up to 50 HP spindle drives • Integrated dressing at each station (usage of low cost conventional wheels, CBN and Diamond wheels possible) • Integrated blank oversize check (prevent machine damage and reduce downtime) • Integrated quality control of critical tool dimensions ITM Multi Station Grinders End

10. Machine Features & Specifications • Easy to use “open structure” Software, menu driven with graphical support • CNC control with Networking and Internet capability for Online Monitoring and Support • Large capacity loaders for up to 50 hours of unattended production • HSK quick-change wheel flanges for reduced set-up times ITM Multi Station Grinders End

11. ITM Multi Station Grinders in Service As of May 2003 ITM has installed 68 Multi Station Grinders in the United States and Europe. Applications include: • HSS Drills • Stainless Steel Medical Drills • High Performance Carbide Drills • HSS & Carbide Endmills • HSS Drywall & Fiberglass Cutters • HSS Sheet Metal Step Drills • HSS Center Drills • HSS Spade Drills • Diamond Cut Carbide Routers & Burs ITM Multi Station Grinders End

12. ALLIED MACHINE & ENG. AMERICAN SAW AMERICAN TOOL (Wisconsin) AMERICAN TOOL (Nebraska) BALAX DEPUY G.K.N. GREENLEE TOOL IMPLANT INNOVATIONS ITW JASCO TOOLS INC J.I. MORRIS JORE CORPORATION KENNAMETAL NC (Asheboro) KENNAMETAL NC (Weldon) KENNAMETAL MA KENNAMETAL GA MASTERCUT TOOL CORP NIAGARA ONSRUD OTHY INC PFAUTER MAAG QUINCO REED RICO ROBERT BOSCH TOOL CORP. (Vermont American) S.G.S. SOSSNER TIVOLY INC TRIUMPH TWIST DRILL TRW OH TRW TN UNION BUTTERFIELD VITRAMON WALTER VA WILSON TOOL WELDON ZIMMER Customer in the state of NY wishes not to be named Customer in the state of IN wishes not to be named ITM Reference List USA ITM Multi Station Grinders End

13. SUTTON TOOLS Australia DORMER TOOLS SA Brazil INT’L MINICUT Canada SHANGHAI CUTTING China CESKA ZBROJOVKA Czech Rep. CLOU Denmark JANIN France BOSCH France MAGAFOR France BALTRUSCH U. MUETSCH Germany AUGUST BECK Germany BDS MASCHINEN Germany BUDERUS Germany EUGEN DUERR Germany FETTE Germany GIESS U. QUANZ Germany IFA Germany LEITZ Germany LINIG Germany PROTOTYP Germany RUKO Germany SMAT Germany TITEX PLUS Germany WALTER TUE Germany MILLER CARBIDE Germany TITEX India ROTHENBERGER Ireland SILMAX Italy DORMER TOOLS S.P.A. Italy F.I.U.M. Italy MASTER TOOLS S.P.A. Italy VERGNANO Italy OSG Japan NACHI Japan HITACHI Japan Y.G. 1 TOOL CO. LTD. Korea CABRE S.A. Spain IZAR Spain DORMER TOOLS AB Sweden WEBA Switzerland CHARPILLOZ SA Switzerland HWA FENG Taiwan HO HONG TOOL Taiwan MAKINA TAKIM Turkey CLARKSON OSBORN United Kingdom DORMER TOOLS HOLBROOK United Kingdom DORMER TOOLS WORKSOP United Kingdom As of May 15, 2003: 313 machines in Service ITM Reference List Worldwide ITM Multi Station Grinders End

14. Reliability with “Top of the Line” Machine Components Control system: GE-Fanuc (Japan) • Latest control models – currently 16i • Highest machine tool productivity and best uptime in the Industry • Average 14 years between failures • 2 year warranty standard, extended maintenance contracts available up to the lifetime of the machine eliminating any part or labor cost for control components • Nationwide technical and parts support 24x7 through 1-800-GE-FANUC • Servo motors are air purged to prevent contamination Spindles: Fiege (Germany) • High Performance direct driven watercooled motorspindles with HSK quick-change flanges • Preloaded bearings with ceramic balls for longest lifetime cycles and highest precision • Air purge system to protect the spindle from contamination with grinding residue • Maintenance free lubricated for life • Automatic monitoring of spindle coolant temperature in control with warning messages • Spindle components are constantly quality checked during the manufacturing process. • Final inspection and performance test with protocol for each spindle before shipment ITM Multi Station Grinders End

15. Reliability with “Top of the Line” Machine Components Fully Automatic Central Lubrication System: Vogel (Germany) • Models are used with Gear Pumps for operation with highest reliability • The Oil Reservoirs are equipped with float switches. If a switch detects a low level situation a message is displayed on the control screen to notify the operator. • A switch monitors the pressure of the central system. If low pressure is detected a warning message is displayed on the control screen to notify the operator • Lubrication is automatically controlled by a timer Linear Rails: THK (Japan) • Model Type “SHS-SS” with ball retainers designed for longest lifetime cycles with maintenance free operation • All rails are sized and designed to exceed 30 year lifetime expectancy • Contamination protected by End-, Side- and Inner Seals • Positive oil pressure from central lube system inside the shoes guarantees efficient lubrication and supports contamination protection Ball Screws: THK (Japan) • Precision ground, preloaded Type “BIF” for longest accuracy life of screw and nut • Preload is achieved by CNC ground Nut lead offset instead of conventional oversize ball preload method • Each screw is connected to the Central lubrication System (maintenance free) • Bellows are used to protect the screws from grinding residue contaminating the system ITM Multi Station Grinders End