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Camtek to Present at the Annual Rodman & Renshaw |
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Wednesday, 01 September 2010 |
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MIGDAL HA'EMEK, Israel, September 1, 2010- Camtek Ltd. (Nasdaq: CAMT ; TASE: CAMT) announced that its Chief Executive
Officer, Mr. Roy Porat and Chief Financial Officer, Mira Rosenzweig will present at the Annual Rodman & Renshaw Global
Investment Conference in New York..
The Annual Rodman & Renshaw Global Investment Conference is taking place at the New York Palace Hotel in New York. Camtek
is scheduled to present in the Rutherford Salon at 12:05pm Eastern Time on Monday, September 13, 2010.
There will also be an opportunity for investors to meet one-on-one with Roy Porat, CEO and Mira Rosenzweig, CFO of Camtek.
Interested investors should contact the conference organizers at Rodman and Renshaw, or the Investor Relations team at
Camtek at:
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Camtek Announces Appointment of Roy Porat as Chief Executive Officer |
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Thursday, 26 August 2010 |
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MIGDAL HAEMEK, Israel – August 24, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT) (“Camtek” or the
“Company”), announced today the approval of changes in senior management. Mr. Roy Porat, who has
been with the Company since 2001, serving in various positions in the United States and Asia, and
for the past two years as General Manager of the Company, is to succeed Mr. Rafi Amit as the
Company's Chief Executive Officer.
Mr. Amit will become Active Chairman of the Board of Directors. Mr. Yotam Stern, who has been
Chairman of the Board, will step down from this position and will remain a member of the Board.
Mr. Amit, in his new position, will decrease his scope of work for the Company from 100% to 75% of
his time. The scope and level of Mr. Amit's responsibilities in his position as Active Chairman
shall be set by the Company's Board of Directors but in general will include responsibility over
strategic planning, acquisitions and strategic ventures and alliances, as well as overall direction
of the Asian activity of the Company.
Mr. Amit commented on Mr. Porat’s appointment: "Since joining the Company ten years ago, Roy has
accumulated a very extensive knowledge and expertise in all areas of Camtek's business; and during
his various positions in the Company he has demonstrated a strong vision and leadership that make
him ideally suited to the position of Chief Executive Officer. Roy Porat has my unequivocal support
as well as that of the entire Board of Directors, and we wish him and the Company every success
in the future."
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CAMTEK RECEIVES ORDER FOR MULTIPLE WAFER INSPECTION SYSTEMS |
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Thursday, 19 August 2010 |
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MIGDAL HAEMEK, Israel – August 19, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT) (“Camtek”), announced today that it received
follow-on order for multiple wafer inspection systems from a major Asian IDM (Integrated Device Maker). The systems will be
installed during the third and fourth quarters of 2010.
The order, totaling over $3 million dollars, includes several systems for 2D & 3D inspection and metrology of bumped wafers.
Mr. Roy Porat, Camtek’s General Manager, commented, “Leading IDMs continue to select Camtek’s Falcon systems as part of
their QA process, to ensure the delivery of top quality products to their end users. This order represents the confidence
that our customers have in Camtek, as a leading provider of state of the art technology for 2D & 3D inspection and metrology
for all applications including, the very demanding, TSV and micro-bump applications."
Mr. Porat added, "We are very pleased with this order and will make all efforts to continue providing the right solutions
to meet our customers' inspection requirements along with our usual top quality` customer service and support.”
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CAMTEK ANNOUNCES SECOND QUARTER 2010 RESULTS |
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Sunday, 08 August 2010 |
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CONTINUED STRONG IMPROVEMENT IN REVENUES AND PROFITABILITY
MIGDAL HAEMEK, Israel – August 5, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT), today announced its financial results for the
quarter ended June 30, 2010.
Main Financial Highlights of the Second Quarter
• Revenues of $20.8 million representing a 66% year-over-year increase and an 18% sequential increase;
• Non-GAAP operating income of $1.7 million compared with a non-GAAP operating loss of $2.1 million in the second
quarter of 2009. GAAP operating income reached $1.2 million;
• Non-GAAP net income of $1.4 million compared with a non-GAAP net loss of $2.0 million in the second quarter of 2009.
GAAP net income reached $460 thousands; and
• Cash and cash equivalents balance on June 30, 2010 of $14.1 million.
Results for the three months ended June 30, 2010 on a non-GAAP basis, exclude the following items: (i) expenses with respect
to the acquisition of SELA and Printar; (ii) share based compensation expenses and (iii) restructuring expenses due to
reorganization in the Company’s subsidiary in Europe. A reconciliation between the GAAP and non-GAAP results appears in the
tables at the end of this press release.
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CAMTEK TO APPEAL THE DECISION IN RUDOLPH PATENT INFRINGEMENT CASE |
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Sunday, 01 August 2010 |
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MIGDAL HA’EMEK, Israel, July 29, 2010 – Camtek Ltd. (Nasdaq: CAMT; TASE: CAMT) reported today that the way to appeal is
open following the District Court’s denial of Camtek’s post trial motions in the patent infringement case brought by
August Technology Corporation ( later acquired by Rudolph Technologies, Inc.) in 2004 and involving U.S. Patent No. 6,826,298.
The District Court’s decision did not raise any new issues or alter the injunction already in place. Camtek considers its
inspection systems other than the Falcon, which were not involved in the ‘6,298 patent litigation, such as Condor, not to be
covered by the injunction. Accordingly, Camtek continues its marketing and sales of Condor systems in the U.S.
“We strongly believe that our Falcon products do not infringe the ‘6,298 patent and that the patent itself is invalid”,
said Rafi Amit, Camtek’s CEO. “We now can defend Camtek’s rights in the appeal process before the Federal Circuit, which
specializes in patent appeals, and we fully expect to overturn the erroneous judgment of the District Court.”
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