The orders support a technology change in our industry;
orders for 35 systems since August
1
MIGDAL HAEMEK, Israel, Sept. 6,
2022 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT)
(TASE: CAMT), today announced that it has received orders for 9
systems from a Tier-1 OSAT and 8 systems for Heterogenous
Integration applications from two Tier-1 players. In total, Camtek
received orders for 35 new systems since the beginning of August.
Most of the orders will be delivered in the first half of 2023.
Rafi Amit, Chief Executive
Officer, commented, "I am very happy with these orders, which
demonstrate a continuous order momentum into the first half of
2023. Most of them are repeat orders, showing a vote of confidence
from our customers. The systems will mainly be used for the
inspection and metrology of Advanced Packaging and Heterogenous
Integration applications supporting the technology advancements and
change in our industry."
ABOUT CAMTEK LTD.
Camtek is a leading manufacturer of metrology and inspection
equipment and a provider of software solutions serving the Advanced
Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments
in the mid end of the semiconductor industry.
Camtek provides dedicated solutions and crucial
yield-enhancement data, enabling manufacturers to improve yield and
drive down their production costs.
With eight offices around the world, Camtek has best-in-class
sales and customer support organization, providing tailor-made
solutions in line with customers' requirements.
This press release is available
at http://www.camtek.com
This press release contains statements that may constitute
"forward-looking statements" within the meaning of Section 27A of
the Securities Act and Section 21E of the Securities Exchange Act
of 1934, as amended, or the Exchange Act, and the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are based on the current beliefs,
expectations and assumptions of Camtek Ltd. ("we," "us" and "our").
Forward-looking statements can be identified by the use of words
including "believe," "anticipate," "should," "intend," "plan,"
"will," "may," "expect," "estimate," "project," "positioned,"
"strategy," and similar expressions that are intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. These forward-looking
statements involve known and unknown risks and uncertainties that
may cause the actual results, performance or achievements of Camtek
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Our actual results and performance could differ
materially from those projected in the forward-looking statements
as a result of many factors, including as a result of the effect of
the COVID-19 crisis on the global markets and on the markets in
which we operate, including the risk of the continuation of
disruptions to our and our customers', providers', business
partners' and contractors' businesses as a result of the COVID-19
pandemic; our expectations regarding sufficiency of cash on hand;
our dependency upon the semiconductor industry and the risk that
unfavorable economic conditions or low capital expenditures may
negatively impact our operating results; anticipated trends and
impacts related to industry component and substrate shortages; the
future purchase, use, and availability of components supplied by
third parties; impurities and other disruptions to our customers'
operations, which could lower production yields or interrupt
manufacturing, and could result in the cancellation or delay of
purchase of our products; the highly competitive nature of the
markets we serve, some of which have dominant market participants
with greater resources than us; the rapid evolvement of technology
in the markets in which we operate, and our ability to adequately
predict these changes or keep pace with emerging industry
standards; the risks relating to the concentration of a significant
portion of our business in certain countries in the Asia Pacific
Region, particularly China (which
is our largest territory), Taiwan
and Korea; 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; and those other factors discussed in our Annual
Report on Form 20-F and other documents filed by the Company with
the SEC as well as other documents that may be subsequently filed
by Camtek from time to time with the SEC.
While we
believe that we have a reasonable basis for each forward-looking
statement contained in this press release, we caution you that
these statements are based on a combination of facts and factors
currently known by us and our projections of the future, about
which we cannot be certain. In addition, any forward-looking
statements represent Camtek's views only as of the date of this
press release and should not be relied upon as representing its
views as of any subsequent date. Camtek does not assume any
obligation to update any forward-looking statements unless required
by law.
CAMTEK LTD.
Moshe Eisenberg,
CFO
Tel: +972 4 604
8308
Mobile: +972 54 900
7100
moshee@camtek.com
|
INTERNATIONAL INVESTOR
RELATIONS
EK Global Investor
Relations
Ehud Helft
Tel: (US) 1 212 378
8040
camtek@ekgir.com
|
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SOURCE Camtek Ltd.