Camtek Receives Follow-On Order for its Front-End Macro Inspection Gannet System

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May 03, 2011, 03:31 ET

MIGDAL HAEMEK, Israel, May 3, 2011 /PRNewswire-FirstCall/ -- Camtek Ltd. (NASDAQ and TASE: CAMT) ("Camtek" or the "Company"), today announced that it has received a follow-on order for its new Automatic Optical Inspection (AOI) system for the front-end semiconductor industry, the Gannet. The order is a repeat order for two systems from a leading Asian Integrated Device Manufacturer (IDM), previously supplied with multiple Gannet systems. The systems are expected to be installed during the second quarter of 2011.

This order is for the application of CMOS (complimentary metal-oxide semiconductor) image sensor inspection, using Camtek's latest technology with advanced detection capabilities developed for the front-end semiconductor market. Camtek's Gannet system offers a combination of exceptional detection solutions for a variety of processes, best-of-breed productivity and supports tight process control for high volume manufacturing. This provides a competitive advantage to customers in this fast growing market.

Mr. Roy Porat, Camtek's CEO, commented, "We are very pleased that this leading Asian IDM has chosen our Gannet tool again, demonstrating their satisfaction with our proven technology. Through this strategic sale as well as the other strategic customers that we are penetrating, we are proving our ability to penetrate the Front-End Macro Inspection market, while gaining traction and market share. We expect this market to become a more substantial part of our business as we advance."

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.                     IR INTERNATIONAL
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    Tel:    +972-4-604-8308         Ehud Helft / Kenny Green
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SOURCE Camtek Ltd