ORBOTECH Receives Injunction in its Patent Infringement Suit against Camtek
20 May 2005ORBOTECH LTD. (NASDAQ/NM SYMBOL: ORBK) today announced that on May 1, 2005, the District Court of Jerusalem ruled that its previously granted restraining order, relating to Camtek Ltd.'s apparent infringement of Orbotech's Israeli patent covering an optical head used in PCB-AOI systems, will remain in force as a temporary injunction until final judgment is issued on Orbotech's lawsuit. The Court also awarded Orbotech legal costs and attorney's fees in respect this action.
The effect of this ruling is that Camtek may not manufacture, promote, sell, support or develop illumination heads that use elliptical reflectors, either directly or through its overseas subsidiaries.
Orbotech remains determined to take all appropriate and legitimate steps to protect its intellectual property and other assets where and whenever they come under threat.
Except for historical information, the matters discussed in this press release are subject to certain risks and uncertainties, including those 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 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.
Source: Business Wire
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