Giga-Byte Selects Orbotech AOI Systems; Post-Solder AOI Systems for Assembled PCB Operations in Taiwan and China.

Business Editors/High Tech Writers

YAVNE, Israel--(BUSINESS WIRE)--Nov. 12, 2001

ORBOTECH LTD. (NASDAQ/NM SYMBOL: ORBK) today announced the receipt of a major system order from Giga-Byte Technology Co., Ltd. for seven Trion-2000(TM) series automated optical inspection (AOI) systems to be utilized for post-solder inspection in the manufacturer's production facilities in Taiwan and China. This initial order is part of a planned program to equip more than thirty of Giga-Byte's SMT lines with Orbotech AOI systems.

Giga-Byte selected Orbotech following an extensive evaluation of several AOI vendors that focused on high fault detection, throughput, fast set-up time, ease of use, effective repair and quality process control tools. Commenting on the decision, the Giga-Byte survey team, said, "Orbotech's approach, which provides a total AOI solution for both accurate fault detection and valuable process data, is an essential factor for producing quality products in a competitive market. With Orbotech's strong R&D and support infrastructure, Giga-Byte can rely on a long-term partner that can meet future requirements."

Mr. Zvi Segal, Managing Director of Orbotech Pacific Ltd., stated, "We place particular value upon the award of this order from Giga-Byte. This exhaustive evaluation has demonstrated, once again, that Orbotech's integrated range of products meets the intense demands of modern, high-speed SMT lines. We are continuing to prove that our comprehensive approach to AOI, which involves advanced techniques for both defect detection and prevention as well as our strong support infrastructure and commitment to our customers, is a winning solution for our increasing customer base in the Pacific region."

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 the Company's or competitors' new product and service offerings, the mix of product and service revenues, changes in the Company's or competitors' business or pricing strategies, changes in the prevailing political and regulatory framework in which the Company operates 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 designs, develops, manufactures, markets and services production support solutions for the supply chain of the electronics industry, principally for printed circuit boards (PCBs) and flat panel displays (FPDs). The Company is a world leader in automated optical inspection (AOI) systems for bare PCBs and for FPDs, and in imaging solutions for PCB production, and is a leading provider of AOI systems for assembled PCBs. 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. Of Orbotech's over 1,700 employees, more than one quarter are scientists and engineers, who integrate their multi-disciplinary knowledge, talents and skills to develop and provide hi-tech 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 50 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 .