Orbotech Ltd. today announced its focused program aimed at helping bare PCB manufacturers to expand their business opportunities in today’s challenging environment.

Featuring field-proven results for maximizing market share, minimizing costs and extending capabilities to advanced product manufacturing, the “Expand Your Business Opportunities” program highlights solutions for PCB manufacturers to achieve greater levels of productivity and performance. This includes clear advantages in laser direct imaging (LDI), laser plotting, inkjet legend printing, automated optical inspection (AOI), automated optical repair (AOR) and CAM/Engineering for mainstream and high density interconnect (HDI) applications.

“As the PCB industry deals with the realities of over-capacity, extreme pricing pressure and expansion freezes, there is a major drive to find ways to keep orders flowing in, cut operational costs and yet still continue with R&D to be prepared for the future”, explained Mr. Hanan Gino, President of the PCB Division at Orbotech Ltd. “We are working closely with our customers to support their efforts by providing focused solutions that enable them to expand their business opportunities now with a solid return on investment - even in today’s very difficult times. The responses we have received so far to this program have been very positive and give us good indications that this is the approach needed to help them overcome the obstacles of the current economic environment and ensure success going forward.”

Utilizing Orbotech’s high performance systems, manufacturers can maximize market share by gaining major improvements in production flexibility and time-to-sample, minimize costs a result of significant scrap PCB and material savings, shorter production processes and simpler operation as well as extend their capabilities to advanced products by achieving the required pattern miniaturization, registration accuracy and traceability essential for producing premium-price panels.

About Orbotech Ltd.

Orbotech is principally engaged in the design, development, manufacture, marketing and service of yield-enhancing and production solutions for specialized applications in the supply chain of the electronics industry. Orbotech’s products include automated optical inspection (“AOI”), production and process control systems for bare printed circuit boards (“PCB”s), imaging solutions for PCB production and AOI, test and repair systems for flat panel displays (“FPD”s). The Company also markets computer-aided manufacturing and engineering (“CAM”) solutions for PCB production. In addition, through its subsidiary, Orbograph Ltd., Orbotech develops and markets automatic check reading solutions to banks and other financial institutions, and has developed a proprietary technology for web-based, location-independent data entry for check processing and forms processing; and, through its subsidiaries, Orbotech Medical Denmark A/S and Orbotech Medical Solutions Ltd., is engaged in the research and development, manufacture and sale of specialized products for application in medical nuclear imaging. 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. Orbotech’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.

Except for historical information, the matters discussed in this press release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, future prospects, developments and business strategies and involve certain risks and uncertainties. The words “anticipate,” “believe,” “could,” “will,” “plan,” “expect” and “would” and similar terms and phrases, including references to assumptions, have been used in this press release to identify forward-looking statements. These forward-looking statements are made based on management’s expectations and beliefs concerning future events affecting Orbotech and are subject to uncertainties and factors relating to its operations and business environment, all of which are difficult to predict and many of which are beyond the Company’s control. Many factors could cause the actual results to differ materially from those projected, including cyclicality in the industries in which the Company operates, a sustained continuation or worsening of the worldwide economic slowdown, the timing and strength of product and service offerings by the Company and its competitors, changes in business or pricing strategies, changes in the prevailing political and regulatory framework in which the relevant parties operate 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 in the Company’s SEC reports, including the Company’s Annual Report on Form 20-F. The Company assumes no obligation to update the information in this press release to reflect new information, future events or otherwise, except as required by law.