Eltek Receives $1.2 Million Order

Nov 20, 2001, 00:00 ET from Eltek Ltd.

    PETACH-TIKVA, Israel, Nov. 20 /PRNewswire/ -- Eltek Ltd. (Nasdaq:   ELTK),
 the leading Israeli manufacturer of advanced circuitry solutions, today
 announced that it has received a $1.2 million order for its advanced printed
 circuit boards (PCB) from one of its major customers.  Revenues for the order
 will be recognized at the time of shipment.  The Company noted that it would
 ship approximately $700,000 worth of product during the fourth quarter, with
 the remaining $500,000 to be supplied to the customer during the first quarter
 of 2002.
     Arieh Reichart, President and CEO of Eltek commented, "We are pleased to
 have received this large order from one of our most valued customers during
 these difficult economic times.  We appreciate that this customer continues to
 recognize the superior technology of Eltek's PCB products, as well as the
 unparalleled level of service that we provide along with the boards."
     About Eltek
     Eltek is one of Israel's leading manufacturers of printed circuit boards,
 the core circuitry of most electronic devices.  It specializes in the complex
 high-end of PCB manufacturing, i.e., HDI, multi-layered and flex-rigid boards.
 Eltek's technologically advanced circuitry solutions are used in today's
 increasingly sophisticated and compact electronic products.  The Company has
 invested heavily in upgrading its production facilities over the past five
     Certain matters discussed in this news release are forward-looking
 statements that involve a number of risks and uncertainties including, but not
 limited to statements regarding expected results in future quarters, risks in
 product and technology development and rapid technological change, product
 demand, the impact of competitive products and pricing, market acceptance, the
 sales cycle, changing economic conditions and other risk factors detailed in
 the Company's United States Securities and Exchange Commission filings.
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SOURCE Eltek Ltd.