MIGDAL HAEMEK, Israel,
August 14, 2017 /PRNewswire/ --
Camtek Ltd. (NASDAQ: CAMT and TASE:
CAMT) has established a strategic cooperation with Sun Chemical, a
leading producer of printing inks, coatings and supplies, pigments,
polymers, liquid compounds, solid compounds, and application
materials.
In the framework of this cooperation,
Sun will develop liquid solder mask ink to be used in Camtek's
inkjet system for PCB applications. The resulting ink may also
target all other end user markets for PCB manufacturing, including
the high-end automotive sector, with soldermask technology capable
of meeting the most stringent OEM specifications, and the parties
will share profits derived from the ink developed.
"This is a great opportunity for Sun
Chemical to work with an established advanced equipment
manufacturer like Camtek," said Tony
Searle, Circuits Business Manager, Sun Chemical. "The agreement brings our wealth
of experience with inkjet technologies and applies it to the PCB
industry."
"We are very pleased to form this
strategic cooperation with Sun Chemical, bringing to the table very
significant experience with chemicals and inks for electronic
manufacturing, especially soldermask," said Rafi Amit, CEO, Camtek. "Our two companies have
highly complementary expertise and working together will be highly
synergistic. As an addition to our own ink-development capabilities
- this presents a significant stride forward in our efforts to
commercialize the inkjet technology for PCBs."
About Camtek Ltd.
Camtek Ltd. provides automated and
technologically advanced solutions dedicated to enhancing
production processes, increasing products yield and reliability,
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 and functional inkjet printing.
About Sun Chemical
Sun Chemical, a member of the DIC
group, is a leading producer of printing inks, coatings and
supplies, pigments, polymers, liquid compounds, solid compounds,
and application materials. Together with DIC, Sun Chemical has
annual sales of more than $7.5
billion and over 20,000 employees supporting customers
around the world.
Sun Chemical Corporation is a
subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in
Parsippany, New Jersey, U.S.A. For
more information, please visit the Web site at
http://www.sunchemical.com.
This press release is available at
http://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
SOURCE Camtek Ltd