MIGDAL HAEMEK, Israel, January 16, 2018 /PRNewswire/ --
Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that it received an order for multiple systems from a top-tier customer totaling over $5 million for its 2D inspection system. The tools are expected to be installed in the first half of 2018.
Ramy Langer, Chief Operating Officer, commented: "I am very excited with this new and meaningful order following the customer's intensive qualification process. In recent years we have invested great efforts to broaden our 2D systems' capabilities and in 2018 we are starting to see the fruits of our investment. This order is testament to the success of our 2D inspection and metrology products."
Rafi Amit, Chief Executive Officer, added: "This significant order, together with our earlier announcement of orders for 17 tools and our highest ever backlog, marks a very promising start to 2018. I am especially pleased with the progress of our penetration to the 2D market segment."
ABOUT CAMTEK LTD.
Camtek is a leading manufacturer of metrology and inspection equipment and a provider of software solutions serving the Advanced Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments in the Semiconductors industry.
Camtek provides dedicated solutions and crucial yield-enhancement data, enabling manufacturers to improve yield and drive down their production costs.
With eight offices around the world, Camtek has best-in-class sales and customer support organization, providing tailor-made solutions in line with customers' requirements.
This press release is available at http://www.camtek.com
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
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SOURCE Camtek Ltd