Camtek Ltd. — Capital/Financing Update 2010

May 16, 2010

Camtek Ltd. P.O.Box 544, Ramat Gabriel Industrial Park Migdal Ha’Emek 23150, ISRAEL Tel: +972 (4) 604-8100 Fax: +972 (4) 644-0523 E-Mail: Info@camtek.co.il Web site: http://www.camtek.co.il

CAMTEK LTD. IR INTERNATIONAL Mira Rosenzweig, CFO GK Investor Relations Tel: +972-4-604-8308 Ehud Helft / Kenny Green Mobile: +972-54-9050703 Tel: (US) 1 646 201 9246 mirar@camtek.co.il camtek@ccgisrael.com

CAMTEK RECEIVES ORDER FOR MULTIPLE FALCON SYSTEMS

--Camtek’s FALCON System Selected by a Leading Assembly and Test Supplier For Advanced 2D and 3D Metrology and Inspection Applications

MIGDAL HAEMEK, Israel – May 13, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT) (“Camtek”), announced today that a leading assembly and test supplier in Asia has selected the Falcon, Camtek’s Automatic Optical Inspection (AOI) system, for a 2D and 3D metrology and inspection solution. The full order included four systems; two systems will be installed during the second quarter of 2010 and additional two systems will be installed in the third quarter of 2010.

Mr. Roy Porat, Camtek’s General Manager commented, “This sale strengthens our leadership position in the Back-End Bump area, where packaging technologies are evolving and advancing to smaller and thinner packages with more advanced bumping technologies. We foresee that the technological developments in the packaging world will result in general market growth and with it growth in our business.”

“We are also pleased that we were able to outperform our competitors and to be selected as the tool of choice at the end of a very technical benchmark performed by the customer”, added Mr. Porat.

ABOUT CAMTEK LTD.

Camtek Ltd provides automated solutions dedicated for enhancing production processes and yield, enabling our customers new technologies in two industries; Semiconductors, Printed Circuit Board (PCB) & IC Substrates.

Camtek addresses the specific needs of these industries with dedicated solutions based on a wide and advanced platform of technologies including intelligent imaging, image processing, ion milling and digital material deposition. Camtek’s solutions range from micro-to-nano by applying its technologies to the industry-specific requirements.

This press release is available at www.camtek.co.il.

This press release may contain projections or other forward-looking statements regarding future events or the future performance of the Company. These statements are only predictions and may change as time passes. We do not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of our new products and their adoption by the market, increased competition in the industry, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.