Leading European PCB Maker chooses Orbotech for its superior technology and reliability

YAVNE, ISRAEL, JULY 21, 2015 | ORBOTECH LTD. is announcing that SOMACIS, a leading European PCB manufacturer and long-time customer and technology partner of Orbotech, has been successfully using Orbotech’s new Nuvogo 800 Direct Imaging (DI) system at its fabrication facility at Castelfidardo (AN), Italy - SOMACIS specializes in HDI, rigid, rigid-flex and flex PCB manufacturing.

Orbotech’s Nuvogo DI solution, incorporating unique MultiWave Laser Technology™, is expected to help SOMACIS increase its competitive edge in manufacturing for HDI sequential build-up technology with a pitch under 0.4 mm. The system will reinforce the already very high quality SOMACIS production standards by improving the speed and flexibility required for rapid prototyping.

“SOMACIS was looking for a DI system that would support a variety of applications, ranging from inner/outer layers to solder mask. The Nuvogo 800 system not only meets these requirements, but also offers the highest accuracy and throughput with flexibility to image any resist type”, explained Mr. Giovanni Tridenti, SOMACIS CEO. “We are very pleased with the results that Nuvogo 800 has delivered and value the high professional standards Orbotech offers, matched fully by its top-of-the-line technology. Orbotech’s proven reliability of service, mindset of true partnership and quality equipment all contributed to our decision to invest yet again in another successful Orbotech solution.”

“It is with great satisfaction that we acknowledge SOMACIS’s positive feedback. We are pleased that the Nuvogo 800 system supports SOMACIS’s goals through its fine line capabilities, faster turnaround time and the flexibility across multiple resist types for a range of applications”, stated Mr. Hadar Himmelman, President of Orbotech West. “We are very pleased to have the opportunity to provide this esteemed technology partner with best-in-class solutions.”

About Nuvogo 800

Nuvogo™ 800 is a next-generationDirect Imaging (DI) solution capable of imaging on almost every resist type, affording maximum flexibility to PCB makers. Powered by MultiWave Laser Technology™, Nuvogo 800 generates a multi wavelength laser beam for optimal line structure. This provides PCB manufacturers the ability to choose lower-cost resist types in order to further reduce total operating costs.

Thishigh-productivity machine is able to achieve up to 7,000 panels/day/line at unprecedented quality. Superior line quality and registration accuracy is achieved through Orbotech’s field-proven Large Scan Optics (LSO) Technology™. Suitable for the most advanced HDI production, Nuvogo 800 ensures a high depth-of-focuscritical for maximizing yields in increasingly challenging production environments.The combination of super high-productivity, flexibility to use almost any resist and unmatched yields results in the lowest possible cost-per-print and significantly lowers the system's total cost of ownership.

About Orbotech Ltd.

Orbotech Ltd. is a global innovator of enabling technologies used in the manufacture of the world’s most sophisticated consumer and industrial products throughout the electronics and adjacent industries. The Company is a leading provider of yield enhancement and production solutions for electronics reading, writing and connecting, used by manufacturers of printed circuit boards, flat panel displays, advanced packaging, micro-electro-mechanical systems and other electronic components. Virtually every electronic device is produced using Orbotech technology. For more information visit http://www.orbotech.com/

Company Contact:

Ann Michael

Senior Corporate Marketing Communications Manager

Orbotech Ltd.

+972.8.942.3148

ann.michael@orbotech.com

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Except for historical information, the matters discussed in this website (including in press releases, webcasts, presentations, posts and other places) 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 website to identify forward-looking statements. 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Actual results may differ materially from those referred to in the forward-looking statements due to a number of important factors, including but not limited to the foregoing matters and the possibility that expected benefits of the transaction may not materialize as expected, that the transaction may not be timely completed, if at all, that KLA-Tencor may not be able to successfully integrate the solutions and employees of the two companies or ensure the continued performance or growth of Orbotech’s products or solutions, the risk that the Company may not achieve its revenue and margin expectations within and for 2018 (including, without limitation, due to shifting move-in dates); cyclicality in the industries in which the Company operates, the Company’s supply chain management and production capacity, order cancelation (often without penalty), timing and occurrence of product acceptance (the Company defines ‘bookings’ and ‘backlog’ as purchase arrangements with customers that are based on mutually agreed terms, which, in some cases for bookings and backlog, may still be subject to completion of written documentation and may be changed or cancelled by the customer, often without penalty), fluctuations in product mix within and among divisions, 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, including as a result of the United Kingdom’s prospective withdrawal from the European Union (known as “Brexit”) and political uncertainty in the United States, 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 smart mobile devices, automotive electronics, flexible applications and devices, augmented reality/virtual reality and wearable devices, high-performance computing, liquid crystal display and organic light emitting diode screens and other sophisticated devices, the Company’s global operations and its ability to comply with varying legal, regulatory, exchange, tax and customs regimes, the timing and outcome of tax audits, including the best judgment tax assessment issued by the Israel Tax Authority with respect to the audit of tax years 2012-2014 in Israel and the related criminal investigation, the Company’s ability to achieve strategic initiatives, including related to its acquisition strategy, the Company’s debt and corporate financing activities; the timing, final outcome and impact of the criminal matter and ongoing investigation in Korea, including any impact on existing or future business opportunities in Korea and elsewhere, any civil actions related to the Korean matter brought by third parties, including the Company’s customers, which may result in monetary judgments or settlements, expenses associated with the Korean matter, and ongoing or increased hostilities in Israel and the surrounding areas.

The foregoing information should be read in connection with the Company’s Annual Report on Form 20-F for the year ended December 31, 2017, and subsequent SEC filings. This information is also supplemented by the information in the applicable document on this website (e.g., press release, webcast, presentation,  posts and other document). The Company is subject to the foregoing and other risks detailed in those reports. The Company assumes no obligation to update the information in this website (including press releases, webcasts, presentations,  posts and other places) to reflect new information, future events or otherwise, except as required by law.