MIGDAL HAEMEK, Israel,
Sept. 25, 2018 /PRNewswire/
-- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced
that it received an order from a tier-one OSAT (Outsourced
Semiconductor Assembly and Test). The order received is for
Camtek's latest high-throughput 2D inspection system. The tools are
expected to be installed in the fourth quarter of 2018.
Ramy Langer, Chief Operating
Officer, commented, "This order demonstrates our growing market
share in the 2D inspection segment. It is in line with our strategy
to leverage our leading market position in metrology to gain market
share in 2D inspection."
Rafi Amit, Chief Executive
Officer, added, "We are seeing continued order strength and
based on this momentum as well as our strong backlog, we expect
2018 revenues to exceed $120 million,
representing a year-over-year increase of over
30%."
Rafi Amit continued,
"Given the technologies we have introduced in the past year as well
as our on-going developments and upcoming launches of
state-of-the-art products, I am confident that we will maintain our
leading position and expect to continue increasing our market share
in 2019 and beyond."
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 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 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.
CAMTEK LTD.
Moshe
Eisenberg, CFO
Tel: +972-4-604-8308
Mobile: +972-54-900-7100
moshee@camtek.com
INTERNATIONAL INVESTOR RELATIONS
GK
Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) +1-646-688-3559
camtek@gkir.com
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SOURCE Camtek Ltd