MIGDAL HAEMEK, Israel, Feb. 18,
2025 /PRNewswire/ -- Camtek Ltd (NASDAQ: CAMT) (TASE:
CAMT), announced today that its Board of Directors nominated
Lior Aviram as Executive Chairman of
the Board, effective June 1, 2025,
subject to shareholder approval.
With over 30 years as a leading legal counsel to Israeli and
global technology companies and deep knowledge of the Israeli and
global tech ecosystem and capital markets, Mr. Aviram brings
extensive experience in strategic transactions, cross-border
mergers and acquisitions, corporate development, proven managerial
experience in managing one of Israel's leading law firms, and immense board
experience.
"We are excited to welcome Lior Aviram to our leadership
team," said Rafi Amit, Camtek's
CEO. "Mr. Aviram has worked closely with Camtek for more than
25 years, knows our business and our management team intimately,
and adding him as an integral part of our leadership is only a
natural step for us. His knowledge and expertise will be
instrumental in achieving our long-term goals and enhancing
shareholder value."
As Executive Chairman, Mr. Aviram will assume - on top of
leading our Board – an executive role in leading strategic
initiatives, mergers and acquisitions, strategic investments and
collaborations.
The appointment requires shareholders' approval and will be brought
to the 2025 annual general meeting.
Mr. Amit added, "I would also like to take this
opportunity, on behalf of the Board, to thank Moty Ben-Arie, our Chairman since January 2023, for his commitment, contribution
and direction, who will remain a non-executive member of our Board,
subject to re-election at the 2025 annual general meeting."
ABOUT CAMTEK LTD.
Camtek is a developer and manufacturer of high-end inspection
and metrology equipment for the semiconductor industry. Camtek's
systems inspect IC and measure IC features on wafers throughout the
production process of semiconductor devices, covering the front and
mid-end and up to the beginning of assembly (Post Dicing). Camtek's
systems inspect wafers for the most demanding semiconductor market
segments, including Advanced Interconnect Packaging, Heterogenous
Integration, Memory and HBM, CMOS Image Sensors, Compound
Semiconductors, MEMS, and RF, serving numerous industry's leading
global IDMs, OSATs, and foundries.
With manufacturing facilities in Israel and Germany, and eight offices around the world,
Camtek provides state of the art solutions in line with customers'
requirements.
This press release is available
at http://www.camtek.com
This press release contains statements that may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on Camtek's current beliefs, expectations and
assumptions about its business and industry, all of which may
change. Forward-looking statements can be identified by the
use of words including "believe," "anticipate," "should," "intend,"
"plan," "will," "may," "expect," "estimate," "project,"
"positioned," "strategy," and similar expressions that are intended
to identify forward-looking statements, including statements
relating to the compound semiconductors market and our position in
this market and the anticipated timing of delivery of the systems.
These forward-looking statements involve known and unknown risks
and uncertainties that may cause the actual results, performance or
achievements of Camtek to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Factors that may cause our actual
results to differ materially from those contained in the
forward-looking statements include, but are not limited to the
effects of the evolving nature of the war situation in Israel, and the related evolving regional
conflicts; the continued demand for HPC, HBM and Chiplet devices
resulting from, among other things, the field of AI surging
worldwide across companies, industries and nations; our dependency
upon the semiconductor industry and the risk that unfavorable
economic conditions or low capital expenditures may negatively
impact our operating results; risks related to the Company's
ability to effectively maneuver global trade issues and changes
either in the U.S., Israel, or
elsewhere in trade and export regulations, tariffs, and license
policies, including formal or informal imposition by countries of
new or revised export and/or import and doing-business regulations
or sanctions, and further including changes in U.S. trade policies,
changes or uncertainty related to the U.S. government entity list
and changes in the ability to sell products incorporating U.S
originated technology, which can be made without prior notice; the
risks relating to the concentration of a significant portion of our
business in certain countries in the Asia Pacific Region,
particularly China, Taiwan and Korea, some of which might be
subject to the trade restrictions referred to above or involved in
trade wars with countries which might impose such trade
restrictions; changing industry and market trends; and those other
factors discussed in our Annual Report on Form 20-F as published on
March 21, 2024, as well as other
documents that may be subsequently filed by Camtek from time to
time with the Securities and Exchange Commission. We caution you
not to place undue reliance on forward-looking statements, which
speak only as of the date hereof. Camtek does not assume any
obligation to update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this release unless required by law.
While we believe that we have a reasonable basis for each
forward-looking statement contained in this press release, we
caution you that these statements are based on a combination of
facts and factors currently known by us and our projections of the
future, about which we cannot be certain. In addition, any
forward-looking statements represent Camtek's views only as of the
date of this press release and should not be relied upon as
representing its views as of any subsequent date. Camtek does not
assume any obligation to update any forward-looking statements
unless required by law.
CAMTEK LTD.
Moshe Eisenberg,
CFO
Tel: +972 4 604 8308
Mobile: +972 54 900
7100
moshee@camtek.com
INTERNATIONAL INVESTOR RELATIONS
EK Global Investor Relations
Ehud Helft
Tel: (US) 1 212 378
8040
camtek@ekgir.com
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SOURCE Camtek Ltd.
