Billerica, MA – March 26, 2014 – Orbotech, Inc., the North American subsidiary of Orbotech Ltd., a leading global provider of yield-enhancing and production solutions for printed circuit boards (PCBs) and IC substrates, today announced that Advanced Circuits (Aurora, CO, USA) has purchased Orbotech’s Paragon™-Xpress laser direct imaging (LDI) system, the industry’s best-selling imaging technology for mass production, for use in the manufacture of key components for the commercial PCB arena as well as the high reliability, military/aerospace/defense and high technology marketplace.
As an existing user of Orbotech LDI production tools, this latest purchase is part of Advanced Circuits’ on-going, strategic investment plan to ensure market-leading capabilities at the forefront of North American PCB manufacturing. Commenting on the announcement, Mr. John Yacoub, President and Chief Executive Officer of Advanced Circuits said: “We are proud to have earned the industry’s best on-time shipping record. Our reputation and customer service are the foundation of our success. To meet our quick-turn targets with the highest quality, we select only the best performing solutions from vendors that have a proven value proposition and the professionalism to support our demanding requirements. Orbotech is our vendor of choice for LDI. ”
“Having succeeded in the PCB business for decades, Advanced Circuits only invests in capital equipment following very thorough evaluation and consideration of future potential as well as a supplier’s track record”, said Mr. Hadar Himmelman, President of Orbotech West. “We greatly appreciate Advanced Circuits’ decision to continue moving forward with Orbotech as its partner.”
About Advanced Circuits
Since 1989, Advanced Circuits has been leading the PCB industry in Quality and Innovation for prototype through large scale production manufacturing and now provides full assembly capabilities.With acquisitions over the past four years in New Hampshire, Tempe, AZ, and Maple Grove, MN, Advanced Circuits is now ranked among the top three board fabricators in North America and is well-known for its reliability and customer excellence and has become a leader in not only the commercial PCB arena but also in the high-reliability, military/aerospace/defense, and high technology marketplace.An innovator in PCB services, Advanced Circuits offers free Design for Manufacturability checks at http://www.freedfm.com/ and free downloads for PCB layout software at http://www.pcbartist.com/. For more information on Advanced Circuits, visit http://www.4pcb.com/.
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, flat panel displays and other electronic components. Today, virtually every electronic device is produced usingOrbotechtechnology. 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 inIsraeland 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 please see the Company’s filings with theSECat www.sec.gov and visit the Company’s corporate website at www.orbotech.com. The corporate website is not incorporated herein by reference and is included as an inactive textual reference only.
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