MIGDAL HAEMEK, Israel,
April 7, 2014 /PRNewswire/
-- Camtek Ltd. (NASDAQ: CAMT, TASE: CAMT), announced today
that the district court of Minnesota entered a summary judgment finding
that certain previous models of Camtek's Falcon systems were
capable of infringing upon two claims of a Rudolph patent in the
United States.
Camtek disputes the finding and intends to appeal.
Camtek views the Court's decision as significantly reducing
Camtek's exposure to payment of damages. The Court's
infringement finding is based on an infrequently used feature of
the Falcon. Camtek ceased marketing the Falcon system in
the United States in 2009 and
removed the feature altogether from its systems worldwide over 2
years ago. The Court's decision indicates that it will address the
remedies at a later stage.
Commented Rafi Amit, Chairman
and CEO of Camtek, "This summary judgment is just another stage
in what is a long legal dispute over a patent which affected some
past models of our Falcon systems which were sold solely in
the United States. I believe that
the current judgment, which only refers to a rarely used feature,
reduces our exposure to possible damages. The fact that this
feature became obsolete over 2 years ago also means that I expect
no impact on our current and future business."
ABOUT CAMTEK LTD.
Camtek Ltd. provides automated and technologically advanced
solutions dedicated to enhancing production processes, increasing
products yield and reliability, 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 and functional 3D inkjet printing.
This press release is available at 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
GK Investor
Relations
Ehud Helft / Kenny
Green
Tel: (US) 1 646 201 9246
camtek@gkir.com
|
SOURCE Camtek Ltd.