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PRESS RELEASE
CAMTEK ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING
NEW YORK, NY - July 28, 2000 -Camtek Ltd. announced today that its
registration statement relating to its initial public offering of 5,600,000
Ordinary Shares has been declared effective by the Securities and Exchange
Commission, and that the initial public offering of the Company's Ordinary
Shares was priced at $7.00 per share. All of the shares are being sold by the
Company.
The shares are listed on the Nasdaq National Market under the symbol "CAMT".
The Company has granted the underwriters an option to purchase up to an
additional 840,000 Ordinary Shares to cover over-allotments, if any.
The shares are being offered by CIBC World Markets, UBS Warburg LLC and
Needham & Company, Inc. When available, a copy of the final prospectus
pertaining to the offering may be obtained from CIBC World Markets, One World
Financial Center, 200 Liberty Street, 8th Floor, New York, New York 10281.
Camtek designs, develops, manufacturers and markets technologically advanced
and cost-effective automated optical inspection, or AOI, systems and related
products. AOI systems are used to detect defects in printed circuit boards
during the manufacturing process. These systems are designed to ensure the
quality of printed circuit boards and enhance production yield for
manufacturers.
