Orbotech highlights leading Direct Imaging (DI), Automated Optical Inspection (AOI), Automated Optical Shaping (AOS) and Inkjet Printing solutions that maximize yields and improve profitability for PCB manufacturers
 
Shenzen, China, December 7, 2016.  Orbotech Ltd., a leading provider of process innovation technologies, solutions and equipment that are enabling the transformation of the global electronics manufacturing industry, is showcasing a selection of its most innovative, Industry 4.0 compliant production solutions for PCB manufacturers at this year’s HKPCA show. For the first time in China, Orbotech will be holding live demos of its Sprint™ 200 Legend Inkjet Printer, designed to replace silk screen printing, and Discovery™ II 9200 AOI solution, both with ultra-fast automation for mass production environments.
 
Orbotech will also present other cutting-edge PCB production yield optimizing solutions including the Precise™ 800 Automated Optical Shaping (AOS) solution, Diamond™ 8 DI solution for solder mask and InCAM® Flex and InPlan® Flex PCB design and production planning software.
 
You can see live demos of Orbotech’s industry leading PCB manufacturing solutions at HKPCA 2016, from December 7-9 2016, in Hall 1, Booth J11, Shenzhen Convention & Exhibition Center, Shenzhen, China.
 
“Orbotech customers in the Pacific Rim know what it means to lead in the PCB market,” remarked Mr. Arik Gordon, Corporate Vice President and President of Orbotech’s PCB Division. “That’s why we constantly bring the most advanced innovations to the industry. In addition to our increasingly precise and flexible solutions that reduce scrap and increase yield, Orbotech’s Industry 4.0 compliant solutions now help our PCB manufacturing customers to further improve productivity and be more responsive to production issues in real time.”
 
About Sprint 200 with Ultra-Fast, Advanced Automation: Designed to replace silk screen printing, The Sprint 200 Inkjet Printer with ultra-fast, advanced automation is Orbotech’s mass production digital legend inkjet printing solution for PCB production. This latest addition to Orbotech’s family of high performance PCB legend inkjet printers delivers cost-effective, top quality industrial inkjet printing for consistently accurate production of even the most advanced legend designs. The Sprint 200, which can operate in either automated or manual mode, is an advanced, cost-effective solution for today’s and tomorrow’s PCB legend and serialization needs.
 
About Discovery II 9200 with Ultra-fast, Advanced Automation: Discovery II 9200 with ultra-fast, advanced automation combines Orbotech’s market-leading, high performance AOI solution with superior automation capabilities for increased throughput and utilization as well as maximized operational efficiency.  Designed for MLB and HDI mass production, the automation supports slip-sheet and flip operation mode.
 
About Precise 800: This groundbreaking Precise 800 is the first AOS (Automated Optical Shaping) solution for the advanced HDI and complex multi-layer PCB manufacturing market, capable of both shaping excess copper (“shorts”) and 3D shaping of missing copper (“opens”), all in a single automated process. Already deployed in fabs around the world, the Precise 800 enables accurate, high quality 3D shaping of the most advanced PCB designs, significantly increasing yield by virtually eliminating PCB scrap. The Precise™ 800 addresses all defects including those on inner and outer layers, multiple lines, corners and pads.
 
About Orbotech Diamond 8: Diamond 8 is Orbotech’s highly accurate high-throughput mass production DI solution for solder mask. Powered by Orbotech SolderFast Technology, it is especially suited for very complex designs, improving throughput, yield and productivity.
 
About InCAM® Flex and InPlan® Flex: InCAM® Flex and InPlan® Flex are software solutions for rigid, flex and rigid-flex PCB production. InCAM® Flex is a dedicated CAM solution that combines analysis and editing capabilities with automatic production data optimization to perform high-precision CAM tooling for flex and rigid-flex manufacturing. InPlan® Flex is a comprehensive automatic engineering system that combines sophisticated engineering know-how with state-of-the-art preproduction planning tools to design the optimal manufacturing process. 
 
About Orbotech Ltd.
 
Orbotech Ltd. (NASDAQ:ORBK) 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 (MEMS), LED, high speed RF on GaAs, power management device and other electronic components. Today, virtually every electronic device in the world is produced using Orbotech systems. For more information, visit www.orbotech.com and www.spts.com
 
 
Cautionary Statement Regarding Forward-Looking Statements
 
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 Orbotech’s 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 (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 so-called ‘Brexit’ process, 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 as well as automobiles, the Company’s global operations and its ability to comply with varying legal, regulatory, exchange, tax and customs regimes, the Company’s ability to achieve strategic initiatives, including related to its acquisition strategy, the Company’s debt and corporate financing activities; the final timing and outcome (each, expected in mid-to-late 2016), 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, ongoing or increased hostilities in Israel and the surrounding areas, 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, 2015, and subsequent SEC filings. 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.
 
 
 
For more information, please contact:
 
Tally Kaplan Porat
Director of Corporate Marketing
Orbotech Ltd.
Tel: +972-8-942-3606
 

Cautionary Statement Regarding Forward-Looking Statements 

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. These forward-looking statements are made based on management’s expectations and beliefs concerning future events as of the date of the applicable information (press releases, webcasts, presentations, or posts) and are subject to uncertainties and factors relating to Orbotech’s operations and business environment, the previously announced acquisition of Orbotech by KLA, the manner in which the parties plan to effect the transaction, including the share repurchase program, the ability to raise additional capital necessary to complete the repurchase program within the time frame expected, the expected benefits, synergies and costs of the transaction, management plans relating to the transaction, the expected timing of the completion of the transaction, the parties’ ability to complete the transaction considering the various closing conditions, including conditions related to regulatory and Orbotech shareholder approvals, the plans, strategies and objectives of management for future operations, product development, product extensions, product integration, complementary product offerings and growth opportunities in certain business areas, the potential future financial impact of the transaction, and any assumptions underlying any of the foregoing. 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.