Camtek Receives $7 Million Order for Multiple Systems

MIGDAL HAEMEK, Israel, April 8, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that it received an order for multiple Eagle systems from a tier-one DRAM manufacturer totaling approximately $7 million. The tools are expected to be installed during the second quarter of 2019.

Rafi Amit, Chief Executive Officer, commented, "I am very pleased with this additional order from a leading DRAM manufacturer. The systems will be used for 2D inspection and for 3D metrology of 3D IC which requires high accuracy and throughput.  This order demonstrates the transition of the memory market to advanced packaging. No doubt that our leading position in both metrology and inspection for the advanced packaging market makes our tools also attractive for the memory market."

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 Semiconductors industry.

Camtek provides dedicated solutions and crucial yield-enhancement data, enabling manufacturers to improve yield and drive down their production costs.

With eight subsidiaries around the world providing best-in-class sales and customer support services, Camtek delivers tailor-made solutions in line with customers' requirements.

This press release is available at www.camtek.com  

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.

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SOURCE Camtek Ltd