MIGDAL HA'EMEK, Israel,
Jan. 6, 2014 /PRNewswire/ -- Camtek Ltd. (Nasdaq: CAMT;
TASE: CAMT) announced that Camtek's current Chief Executive
Officer, Mr. Roy Porat, has informed
the Board of Directors (the "Board") of his decision to step down
from his position. The Board has decided to appoint Mr.
Rafi Amit, Camtek's current Active
Chairman, as the new Chief Executive Officer, following a
transition period.
Rafi Amit, who is one of Camtek's
founders, previously served as Chief Executive Officer until August
2010. Since assuming the role of Active Chairman, he has been
spearheading Camtek's expansion in Asia for the past several years. Mr.
Amit brings a tremendous understanding of the markets that Camtek
serves and a wealth of experience in commercializing new
technologies. In particular, he has a deep knowledge of the PCB
sector and the Board believes that Mr. Amit is best suited to lead
Camtek on its current strategic path, with its focus on bringing
the new GreenJet DMD system to the commercialization phase.
Mr. Rafi Amit commented,
"I am excited to take on the full leadership responsibility again
and I look forward to executing on Camtek's exciting strategic
plan. I strongly believe in both our short- and long-term future
potential, and see many opportunities in both the Semiconductor and
PCB markets."
Mr. Rafi Amit continued,
"I would like to thank Roy for his contribution to our business
over the many years. He has been instrumental in providing a
long-term vision for Camtek and executing successfully on our
strategy. We wish him much luck and success in his future
endeavors."
Mr. Roy Porat commented,
"I have been with Camtek for well over a decade, and since becoming
CEO more than three years ago we have made strong strategic
progress. I feel this is the right time for me to hand over the
leadership. I am proud of my accomplishments which will serve as a
strong foundation for Camtek's future growth. I wish the Company
every success."
ABOUT CAMTEK LTD.
Camtek Ltd. provides automated and technologically advanced
solutions dedicated to enhancing production processes and
increasing yields, 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, adaptive ion milling (AIM) and digital material
deposition (DMD). Camtek's solutions range from micro-to-nano by
applying its technologies to the industries' specific
requirements.
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.