ORBK Orbotech Ltd. - Ordinary Shares

ORBOTECH LTD. (NASDAQ: ORBK) today announced the receipt of a major order from S-LCD Corporation - a joint venture formed by Sony Corporation and Samsung Electronics Co., Ltd. - for the purchase of multiple InVision�-8080 and SuperVision�-880 automated optical inspection (AOI) systems to be utilized in S-LCD�s Gen 8 LCD panel fabrication facility for televisions in Tangjeong, the largest TFT-LCD production complex in Korea. �We are deeply honored to have been selected by S-LCD as the supplier of choice of yield management solutions for this most sophisticated fabrication plant�, said Mr. Nobuhiro Higashiiriki, President of Orbotech�s Display Asia Pacific Division. �As the industry moves to mainstream production of Gen 8 panels, we are very well positioned at the technological forefront to enable the successful mass production of even the most advanced product designs, including up-to-the-minute large-size LCD-TVs.� 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 35 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. ORBOTECH LTD. (NASDAQ: ORBK) today announced the receipt of a major order from S-LCD Corporation - a joint venture formed by Sony Corporation and Samsung Electronics Co., Ltd. - for the purchase of multiple InVision(TM)-8080 and SuperVision(TM)-880 automated optical inspection (AOI) systems to be utilized in S-LCD's Gen 8 LCD panel fabrication facility for televisions in Tangjeong, the largest TFT-LCD production complex in Korea. "We are deeply honored to have been selected by S-LCD as the supplier of choice of yield management solutions for this most sophisticated fabrication plant", said Mr. Nobuhiro Higashiiriki, President of Orbotech's Display Asia Pacific Division. "As the industry moves to mainstream production of Gen 8 panels, we are very well positioned at the technological forefront to enable the successful mass production of even the most advanced product designs, including up-to-the-minute large-size LCD-TVs." 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 35 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.