Camtek Receives Repeated Orders Totalling Approximately $5M From One of the World's Largest US-Based IDMs
MIGDAL HAEMEK, Israel, May 7, 2012 /PRNewswire/ --
Camtek Ltd. (NASDAQ and TASE: CAMT) ("Camtek"), announced today that one of the world's leading IDMs (Integrated Device Manufacturer) based in the US made a repeated order for both backend and frontend systems.
The order, totaling approximately $5 million dollars, includes multiple back-end and front-end Automatic Optical Inspection (AOI) systems for a variety of production applications. Part of the systems are expected to be installed during the second quarter of 2012.
Mr. Roy Porat, Camtek's Chief Executive Officer, commented, "Our leading position in inspection and metrology is demonstrated again by this important tools selection, and we see it as a vote of confidence. This order strengthens our partnership with one of the world's leading IDMs and meets our strategic approach, where we establish strong partnerships with our clients for the long term and are thus selected time after time as the tool of choice, outperforming our competitors."
ABOUT CAMTEK LTD.
Camtek Ltd. provides automated and technologically advanced solutions dedicated to enhancing production processes and increasing yields, enabling and supporting customer's latest technologies in the Semiconductors, Printed Circuit Boards (PCB) and IC Substrates industries.
Camtek addresses the specific needs of these interconnected industries with dedicated solutions based on a wide and advanced platform of technologies including intelligent imaging, image processing, adaptive ion milling (AIM) and digital material deposition (DMD). Camtek's solutions range from micro-to-nano by applying its technologies to the industries' specific requirements.
This press release is available at http://www.camtek.co.il
This press release may contain projections or other forward-looking statements regarding future events or the future performance of the Company. These statements are only predictions and may change as time passes. We do not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of our new products and their adoption by the market, increased competition in the industry, intellectual property litigation, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
Moshe Eisenberg, CFO
INTERNATIONAL INVESTOR RELATIONS
CCG Investor Relations
Ehud Helft / Kenny Green
Tel: (US) +1-646-201-9246
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