Orbotech Expands into Inkjet Printing Technology for PCBs
through the Acquisition of New System S.r.l

YAVNE, ISRAEL -- May 14, 2007 -- ORBOTECH LTD. (NASDAQ/NM SYMBOL: ORBK) today announced that it has signed a definitive agreement to purchase New System S.r.l, a privately held company that develops and sells inkjet printing solutions for the bare printed circuit board (“PCB”) industry.
This acquisition is in line with Orbotech’s strategy for further growth and diversification.  By entering into the expanding area of inkjet imaging, Orbotech is investing in synergistic areas that leverage its core technologies and expertise, and will enable the company to take advantage of the increasing opportunities that inkjet presents.
“New System, with its unique products and advanced technologies, is a leader in the inkjet field.  This acquisition is another step in Orbotech’s strategy to expand from yield management to production solutions”, said Mr. Hanan Gino, President of the PCB Division of Orbotech Ltd.  “As the adoption of digital technologies in PCB manufacturing continues to grow, Orbotech is well positioned to meet this challenge.  New System and Orbotech’s complementary digital technologies will deliver a broader product offering that will provide a strong basis for further expansion in the PCB industry and lay the foundation for potential use of these new technologies in other electronics industry applications”.
Mr. Gino added: “New System’s state-of-the-art inkjet technologies are complementary and synergetic with our imaging products and will enable our customers to achieve better yields, improved production efficiencies and a superior return on investment”.
Mr. Cesare Fumo, CEO of New System, commented: “Joining Orbotech will bring substantial benefits to our customers, our employees and the PCB industry.  Our customers will benefit from a wider range of advanced products and will gain access to Orbotech’s worldwide service and support network, backed by hundreds of highly skilled engineers and R&D experts.  Our employees will enjoy enhanced professional opportunities as the business grows within a leading global organization.”

For more information visit www.orbotech.com.