- Virtually Every Electronic Device in the World is Produced Using Orbotech Systems -

Yavne, Israel – Orbotech Ltd. today announced that 2011 marks its 30^th anniversary as a leading supplier to the electronics industry. In celebration of this company milestone, special commemorative events and activities with employees, customers and industry experts worldwide are planned throughout the year.

Founded in 1981 in Israel with the ground-breaking introduction of automated optical inspection (AOI) for bare printed circuit board (PCB) production, the Company has remained at the forefront of electronics manufacturing. Today, virtually every electronic device in the world is produced using Orbotech systems.

As a leading provider of yield-enhancing and production solutions for bare printed circuit boards and flat panel displays (FPD), Orbotech has introduced many first-ever technologies such as laser direct imaging (LDI) and automated optical repair (AOR) for PCB and array test systems for FPD. These industry-changing innovations have enabled the continuous advancement of manufacturing capabilities to keep pace with critical quality, cost and time-to-market demands.

In addition to expanding its product portfolio over the years with new technologies for its core markets, Orbotech’s growth has also included entering new markets. This includes, among others, character recognition solutions for check and forms processing, primarily for banks and other financial institutions, as well as products for the deposition of anti-reflective coating on crystalline silicon photovoltaic wafers for solar energy panels.

The timing of Orbotech’s 30 year anniversary coincides with the Company’s previous announcement of record 2010 revenues of $529.4 million, another major milestone achievement in its growth and development.

"We are very proud and fortunate to be in the position of celebrating 30 years of continuous leadership this year. Orbotech’s long-term success is attributed to our people, our technologies and our customers. Orbotech’s global staff of talented scientists and professionals is focused on delivering best-in-class solutions and meeting even the most challenging requirements of our customers”, said Mr. Rani Cohen, President and Chief Executive Officer of Orbotech Ltd. “As manufacturers in the electronics supply chain have continued to progress in making new devices that are transforming the modern world, Orbotech has been right there with them providing the enabling production tools to make it happen.”

“We believe the future holds many excellent opportunities for Orbotech in our existing markets and in new, emerging sectors. We look forward to continuing our proven track record, expertise and leadership in the years to come.”

About Orbotech Ltd.

Orbotech Ltd. (NASDAQ/GSM: ORBK) has been at the cutting edge of the electronics industry supply chain, as an innovator of enabling technologies used in the manufacture of the world’s most sophisticated consumer and industrial products, for over 30 years. The Company is a leading provider of yield-enhancing and production solutions, primarily for manufacturers of printed circuit boards and flat panel displays; and today, virtually every electronic device is produced using Orbotech technology. The Company also applies its core expertise and resources in other advanced technology areas, including character recognition for check and forms processing and solar photovoltaic manufacturing. Headquartered in Israel and operating from multiple locations internationally, Orbotech’s highly talented and inter-disciplinary professionals design, manufacture, sell and service the Company’s end-to-end portfolio of solutions for the benefit of customers the world over. For more information visit www.orbotech.com.

Except for historical information, the matters discussed in this press release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, future prospects, developments and business strategies and involve certain risks and uncertainties. The words “anticipate,” “believe,” “could,” “will,” “plan,” “expect” and “would” and similar terms and phrases, including references to assumptions, have been used in this press release to identify forward-looking statements. These forward-looking statements are made based on management’s expectations and beliefs concerning future events affecting Orbotech and are subject to uncertainties and factors relating to its operations and business environment, all of which are difficult to predict and many of which are beyond the Company’s control. Many factors could cause the actual results to differ materially from those projected including, without limitation, cyclicality in the industries in which the Company operates, the Company’s production capacity, timing and occurrence of product acceptance, worldwide economic conditions generally, especially in the industries in which the Company operates, the timing and strength of product and service offerings by the Company and its competitors, changes in business or pricing strategies, changes in the prevailing political and regulatory framework in which the relevant parties operate or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis, the level of consumer demand for sophisticated devices such as smartphones, tablets and other electronic devices and other risks detailed in the Company’s SEC reports, including the Company’s Annual Report on Form 20-F for the year ended December 31, 2010. The Company assumes no obligation to update the information in this press release to reflect new information, future events or otherwise, except as required by law.