ORBK Orbotech Ltd. - Ordinary Shares

ORBOTECH LTD. (NASDAQ/NM SYMBOL: ORBK) today announced that Tyco Electronics Printed Circuit Group has purchased and installed multiple additional Paragon(TM)-6000 Laser Direct Imaging (LDI) systems for use in its bare printed circuit board manufacturing facilities in the United States. With this order, Tyco will now utilize a total of eight Orbotech LDI systems in production, making it the largest user of LDI in North America. Mr. Philip Titterton, Vice President of PCB Operations at Tyco Electronics Printed Circuit Group, commented: "LDI has proven to be an essential part of our production strategy to meet customer demand. Orbotech's systems have enabled us to ensure high yields and faster delivery on a wide range of products including the most challenging military and aerospace boards." Mr. Barry Cohen, President of Orbotech, Inc., added: "Tyco is one of the forefront adopters of LDI technology in the PCB industry. We are very pleased that, as a result of using Orbotech's systems for their production requirements, they are realizing important advantages that cannot be achieved with conventional imaging. Military and aerospace is a large market segment for North American manufacturers. This is an excellent example of the advantages that LDI offers for these applications." The Paragon series with Large Scan Optics (LSO) Technology(TM) delivers outstanding quality, accuracy and ease-of-use - all at unmatched LDI throughput of up to 160 prints per hour. A real solution for today's very demanding registration challenges, Paragon's superior front-to-back registration capability dramatically improves yields on all products including advanced high-density interconnect, high layer count, rigid-flex and packaging products, including intricate designs with fine features. Paragon provides maximum flexibility to handle a wide range of jobs on the same system. It is also able to image on any type of UV-sensitive media, including dry and liquid resists. Over 150 Orbotech LDI systems are now installed worldwide. About Tyco Electronics - Printed Circuit Group Tyco Electronics Printed Circuit Group, with over 35 years of production experience, is one of the largest producers of printed circuits in the world. It is proud to be the #1 supplier of military and aerospace printed circuits in the United States of America. Tyco Electronics has the most diversified printed circuit board technologies available anywhere - from quick-turn prototype to production support. For more information, please visit printedcircuits.tycoelectronics.com. About Orbotech Ltd. Orbotech is a world leader in providing yield-enhancing, production support solutions for specialized applications in the supply chain of the electronics industry, principally for printed circuit boards (PCBs) and flat panel displays (FPDs). The Company designs, develops, manufactures, markets and services automated optical inspection (AOI) systems for bare and assembled PCBs and for FPDs, and imaging solutions for PCB production. The Company's innovative AOI, imaging and computer-aided manufacturing (CAM) technologies enable customers to achieve the increased yields and throughput essential to remaining at the forefront of electronics production. Through its subsidiary, Orbograph Ltd., the Company also develops and markets automatic check reading software to banks and other financial institutions. Of Orbotech's employees, more than one quarter are scientists and engineers, who integrate their multi-disciplinary knowledge, talents and skills to develop and provide sophisticated solutions and technologies designed to meet customers' long-term needs. Orbotech maintains its headquarters and its primary research, development and manufacturing facilities in Israel, and more than 30 offices worldwide. The Company's extensive network of marketing, sales and customer support teams throughout North America, Europe, the Pacific Rim, China and Japan deliver its knowledge and expertise directly to 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 that are subject to certain risks and uncertainties which could cause the actual results to differ materially from those projected, including industry trends, the timing and strength of product and service offerings, 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 and other risks detailed from time to time in the Company's SEC reports. The Company assumes no obligation to update the information in this press release.