Camtek Signs an Exclusive Distribution Rights Agreement With Canon Marketing Japan Inc.
Camtek's FALCON and Gannet Systems Will Be Exclusively Distributed by Canon MJ in Japan
MIGDAL HAEMEK, Israel, March 25, 2010 /PRNewswire-FirstCall/ -- Camtek Ltd. (NASDAQ: CAMT ; TASE: CAMT) ("Camtek" or the "Company"), today announced the signing of an exclusive distribution rights agreement with Canon Marketing Japan Inc. ("Canon MJ") for sales of Camtek's Automatic Optical Inspection ("AOI") systems, that address the semiconductor market in Japan.
Canon Marketing Japan is a leading provider of a wide variety of solutions to the Japanese Semiconductor industry with a very strong market position and support organization specializing in high end complex equipment. The Company believes its variety of Yield Enhancing solutions will fit and compliment the Canon MJ product line.
"We are very pleased and proud of our cooperation with Canon, a world leading company in the semiconductor industry," said Mr. Aharon Sela, President Camtek Asia. " This strategic cooperation is the beginning of a long term partnership that will enhance our current activity in Japan and will enable us to penetrate to new market segments such as Memory products, LED, CIS, 3-D integration, MEMS, Compound Semiconductor and automotive IC in Japan and will allow us to provide our advanced AOI solutions both for the front-end (Gannet product line) and the back-end (Falcon product line), backed up by Canon MJ's outstanding pre- and post-sales support."
Mr.Kunio Kurihara,Director Canon Marketing Japan Inc. "By concluding this distribution agreement with Camtek, Canon MJ adds to its line-up wafer inspection systems that can be used in a wide range of semiconductor front-end and back-end applications.
Through our cooperation with Camtek, we will aggressively deploy these systems to meet the needs of customers in Japan. Furthermore, based on Camtek's rich installation base overseas, we have high expectations for this product line."
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 [email protected] INTERNATIONAL INVESTOR RELATIONS CCG Investor Relations Ehud Helft / Kenny Green Tel: (US) +1-646-201-9246 [email protected]
SOURCE Camtek Ltd
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