Katie,
I have no opinion on CAMT, except that the pop speaks more to the enthusiasm for the 3D printing space than CAMT itself, which is up another 20% today. They have yet to generate a dime from their as yet unavailable 3D printing products.
Camtek Clarifies its Position on 3D PrintingFurther focus on its two primary markets
MIGDAL HAEMEK, Israel, November 26, 2013 /PRNewswire/ --
Camtek Ltd. (NASDAQ and TASE: CAMT) ('The Company') today 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 "GreenJet System"). 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 (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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