Camtek Receives Approximately $3 Million in Orders From a Leading IDM
MIGDAL HAEMEK, Israel, June 21, 2012 /PRNewswire/ --
Camtek Ltd. (NASDAQ and TASE: CAMT) ("Camtek"), announced today that a leading Integrated Device Manufacturer ("IDM"), specializing in both memory and logic devices, has made repeat orders of Camtek's inspection and metrology systems.
The orders, totaling approximately $3 million, include multiple back-end and front-end Automatic Optical Inspection (AOI) systems for a variety of production applications in the semiconductor industry. The systems are expected to be installed during the second and third quarters of 2012.
Mr. Roy Porat, Camtek's Chief Executive Officer, commented, "With today's strong market competition, electronics manufacturers are being challenged to meet market demand, while providing high quality, cutting-edge technology products. Camtek's expertise in yield enhancement supports these challenges by assuring the delivery of high quality products on time. The repeat order from this leading IDM demonstrates their confidence in our strong technological capabilities to support, as well as outpace, the industry roadmap."
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
SOURCE Camtek Ltd