MIGDAL HAEMEK, Israel, October 6, 2010 /PRNewswire-FirstCall/ -- Camtek Ltd. (NASDAQ and TASE: CAMT) ("Camtek"), announced today that it received an order for multiple wafer inspection systems from a major OSAT (outsourced semiconductor assembly and test) company in South East Asia.
The order, totaling approximately $3 million dollars, includes several Condor systems for 2D inspection. The systems are expected to be installed during the fourth quarter of 2010.
Mr. Roy Porat, Camtek's CEO, commented, "We are very pleased with this order, demonstrating the strong traction that the Condor is gaining in the market. This order is a result of continuous efforts working with this OSAT, that already has multiple Camtek systems. We believe that our selection as tool of choice for this project, will generate additional orders for us going into 2011. We believe that our system meets the inspection needs of our customers in general, and particularly within the OSAT environment, given the subcontractor's requirements for rigorous cost and performance constraints combined with flexibility.
ABOUT CAMTEK LTD.
Camtek Ltd provides automated solutions dedicated for enhancing production processes and yield, enabling our customers new technologies in two industries; Semiconductors, Printed Circuit Board (PCB) & IC Substrates.
Camtek addresses the specific needs of these industries with dedicated solutions based on a wide and advanced platform of technologies including intelligent imaging, image processing, ion milling and digital material deposition. Camtek's solutions range from micro-to-nano by applying its technologies to the industry-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, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
CAMTEK LTD. Mira Rosenzweig, CFO Tel: +972-4-604-8308 Mobile: +972-54-9050703 firstname.lastname@example.org IR INTERNATIONAL CCG Investor Relations Ehud Helft / Kenny Green Tel: (US) +1-646-201-9246 email@example.com
SOURCE Camtek Ltd