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November 26, 2013
11:25 EDTCAMTCamtek developing 3D print system, will not develop new Xact products
Camtek announced that in light of the high trading volume of the company's shares and rumors that have been circulating in the media over the course of the past few days, it wishes to clarify that, as reported previously, it is now in the advanced stages of the development of the GreenJet, a digital 3D printing system used for the deposition of solder mask designated for the printed circuit board industry. The first installation of the GreenJet System for evaluation in a customer's manufacturing environment is expected to take place in the beginning of 2014 and, subject to the results, the company expects the first commercial sales of the GreenJet System to take place during 2014. In addition, the company wishes to inform that it has decided to focus on its two primary markets, namely products for the printed circuit board industry and inspection products for the semi-conductor market, and will not continue with development of future models of its Xact product line designed for the sample preparation of models for the characterization and failure analysis in the semi-conductor industry. The company will continue to sell and support the existing Xact products. Therefore, as a future growth engine, in addition to the existing products lines, the company will focus its activity in the field of digital 3D printing for the printed circuit board industry, including the GreenJet System.
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