MIGDAL HAEMEK, Israel, March 3, 2011 /PRNewswire-FirstCall/ -- Camtek Ltd. (NASDAQ and TASE: CAMT) ("Camtek"), announced today that it received a repeated order from a leading OSAT (outsourced semiconductor assembly and test) supplier in Asia.
The order, totaling approximately $4 million dollars, includes multiple Falcon systems, Camtek's Automatic Optical Inspection (AOI) systems for a 2D and 3D metrology and inspection solution. The systems are expected to be installed during the second quarter of 2011.
Mr. Roy Porat, Camtek's Chief Executive Officer, commented, "Our leading position in inspection and metrology of bumped wafers is demonstrated again by this important tool selection, and we see it as a vote of confidence. This order strengthens our partnership with one of the leading OSATs in Asia 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."
"As the technology of Packages changes and flip-chip becomes the preferred packaging technology for high-end devices, we see general market growth and experience increase in demand for our solutions," added Mr. Porat.
About Camtek Ltd.
Camtek Ltd provides automated solutions dedicated for enhancing production processes and yield, enabling our customers new technologies in two industries; Semiconductors and 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 INTERNATIONAL INVESTOR RELATIONS CCG Investor Relations Ehud Helft / Kenny Green Tel: (US) +1-646-201-9246 email@example.com
SOURCE Camtek Ltd