RAYTEX AND CAMTEK ANNOUNCE COOPERATION AGREEMENT
Developing new tool for comprehensive wafer macro inspection
TOKYO, Japan and MIGDAL HA’EMEK, Israel, December 2, 2008 –
Raytex Corporation (Tokyo Stock Exchange 6672), and Camtek Ltd. (Nasdaq: CAMT; TASE: CAMT) jointly announced today that the two Companies have reached an agreement to collaborate in the development, production and marketing of a system for automated optical inspection of semiconductor wafers along their production flow. The new system will merge Raytex’ leading wafer edge and backside metrology and inspection capabilities with Camtek’s proven surface inspection technologies. The integrated system will deliver comprehensive inspection for the complete wafer in a stand-alone, high productivity tool, for the most advanced wafer fabrication facilities. The Companies expect to begin deliveries of the new system in the second half of 2009.
Mr. Jun Takamura, Raytex’ President and CEO, commented, “This strategic alliance with Camtek will build on the synergy between the two Companies and enable us to offer a better macro inspection tool to our front-end customers. We are looking forward to working with Camtek and combine our respective strengths for the benefit of our customers”.
“Raytex is a leading supplier of high performance edge and backside metrology and inspection systems” said Rafi Amit, Camtek’s CEO. “We are very proud and excited to enter into this cooperation. Engineering teams from both companies will begin working together in the next few weeks to create a seamless integration of respective technologies.”
ABOUT RAYTEX CORP.
Established in 1986, RAYTEX is known as leading wafer edge inspection company. RAYTEX develops automated semiconductor inspection and metrology tools for wafer edge, backside and surface. Its headquarters is located in Tokyo, Japan and RAYTEX has offices in Fukushima, Fukuoka in Japan and Korea, Taiwan and France overseas in addition to a subsidiary in Raytex USA in Portland, OR. Further information at www.raytex.com
ABOUT CAMTEK LTD.
With headquarters in Migdal Ha’Emek Israel, Camtek Ltd., designs, develops, manufactures, and markets automatic optical inspection systems and related products. Camtek’s automatic inspection systems are used to enhance both production processes and yield for manufacturers in the printed circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging industry. This press release is available at www.camtek.co.il.
This press release may contain projections or other forward-looking [state]ments regarding future events or the future performance of the Company. These [state]ments 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, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
Mira Rosenzweig, CFO
Kazuhide Inoue, CFO