Camtek Announces Appointment of Roy Porat as Chief Executive Officer
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 [state]s 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."
ABOUT CAMTEK LTD.
Camtek Ltd provides automated solutions dedicated for enhancing production processes and yield,
enabling our customers new technologies in two industries; Semiconductors, Printed Circuit Board
(PCB) & IC Substrates.
Camtek addresses the specific needs of these industries with dedicated solutions based on a wide
and advanced platform of technologies including intelligent imaging, image processing, ion milling
and digital material deposition. Camtek’s solutions range from micro-to-nano by applying its
technologies to the industry-specific requirements.
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
CCG Investor Relations
Ehud Helft / Kenny Green
Tel: (US) 1 646 201 9246