MIGDAL HAEMEK, Israel,
November 26, 2013 /PRNewswire/ --
Camtek Ltd. (NASDAQ and TASE: CAMT) ('The Company') today
announced that in light of the high trading volume of the Company's
shares and rumors that have been circulating in the media over the
course of the past few days, it wishes to clarify that, as reported
previously, it is now in the advanced stages of the development of
the GreenJet, a digital 3D printing system used for the deposition
of solder mask designated for the printed circuit board industry
(the "GreenJet System"). The first installation of the GreenJet
System for evaluation in a customer's manufacturing environment is
expected to take place in the beginning of 2014 and, subject to the
results, the Company expects the first commercial sales of the
GreenJet System to take place during 2014.
In addition, the Company wishes to inform that it has decided to
focus on its two primary markets (products for the printed circuit
board industry and inspection products for the semi-conductor
market), and will not continue with development of future models of
its Xact product line designed for the sample preparation of models
for the characterization and failure analysis in the semi-conductor
industry. The Company will continue to sell and support the
existing Xact products.
Therefore, as a future growth engine, in addition to the existing
products lines, the Company will focus its activity in the field of
digital 3D printing for the printed circuit board industry,
including the GreenJet System.
ABOUT CAMTEK LTD.
Camtek Ltd. provides automated and technologically advanced
solutions dedicated to enhancing production processes and
increasing yields, enabling and supporting customer's latest
technologies in the Semiconductors, Printed Circuit Boards (PCB)
and IC Substrates industries.
Camtek addresses the specific needs of these interconnected
industries with dedicated solutions based on a wide and advanced
platform of technologies including intelligent imaging, image
processing, adaptive ion milling (AIM) and digital material
deposition (DMD). Camtek's solutions range from micro-to-nano by
applying its technologies to the industries' 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, intellectual
property litigation, price reductions as well as due to risks
identified in the documents filed by the Company with the
SEC.
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972-4-604-8308
Mobile: +972-54-900-7100
moshee@camtek.co.il
INTERNATIONAL INVESTOR RELATIONS
CCG Investor Relations
Ehud Helft / Kenny Green
Tel: (US) +1-646-201-9246
camtek@ccgisrael.com
SOURCE Camtek Ltd