Orbotech Announces Major InSpire-9000 AOI System Order and Installation At ELBASA -- Multi-System Installation Provides Increased Capabilities for PCB Production.Business Editors YAVNE, Israel--(BUSINESS WIRE)--Oct. 4, 2000 ORBOTECH LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (NASDAQ/NM SYMBOL: ORBK) today announced that ELBASA (ELECTRONICA You can assist by [ editing it] now. BASICA BASICA Beginner's All-Purpose Symbolic Instruction Code, Advanced S.A.), a prominent European printed circuit board manufacturer, has placed an additional order, for its fifth InSpire-9000(TM) automated optical inspection Automated Optical Inspection (AOI) is an automated visual inspection of PCB(or LCD,transistor manufacture) where a camera autonomously scans the device under test for both catastrophic failure (eg. missing component) and quality defects (eg. ("AOI AOI Area Of Interest AOI Automated Optical Inspection AOI Art of Illusion (3D modeling software) AOI Associated Oregon Industries AOI Angle Of Incidence AOI Age of Innocence (David Hamilton book, also a band) ") system for use in its Esparreguera, Spain production facility. With this order, representing a cumulative investment totaling over $2.5 million dollars, Elbasa has become one of the largest single-site users of Orbotech's newest generation InSpire-9000 AOI technology in Europe. Commenting on the order, Mr. Manuel Alcaraz, General Manager at Elbasa, said, "Investment in advanced production equipment is one of the basic tools we use to stay on the top of the most advanced technologies in the electronics industry and adapt them to our customers' requirements. For us, the InSpire-9000 has proven to provide distinct production advantages over other solutions in the market. Its advanced detection and full automation provide substantial labor and scrap savings which result in a highly effective performance/cost ratio in our AOI operation that meets our goals." Mr. Chanoch Biran, President of Orbotech S.A., stated, "The proven value of the InSpire-9000 for Elbasa is a clear example of the major advantages our new system has as a leading next generation solution for today's challenging PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. production requirements. We are very pleased to have a key role in Elbasa's progressive business strategy." Elbasa is a private company located in Esparreguera (Barcelona) that specializes in multilayer professional circuit boards (up to 18 layers), 90% of which are exported to countries throughout Europe through an international network of agents. For more information, please visit the company's website at www.elbasa.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 the timely development and acceptance of new products, delays in factory testing and acceptance, industry trends, technology or pricing competition 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 is a world leader in providing advanced technology solutions used by electronics manufacturers to facilitate the highest quality production of printed circuit boards (PCBs), flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time (FPDs) and electronics assemblies. The Company's innovative automated optical inspection (AOI), imaging and computer-aided manufacturing computer-aided manufacturing (CAM), a form of automation where computers communicate work instructions directly to the manufacturing machinery. The technology evolved from the numerically controlled machines of the 1950s, which were directed by a set of coded (CAM) technologies enable customers to achieve the increased yields and throughput essential to remaining at the forefront of electronics production. Of Orbotech's over 1,500 employees, more than one third 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , China and Japan deliver its knowledge and expertise directly to customers the world over. For more information visit www.orbotech.com |
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