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Orbotech S.A. Announces Change in Management

Mar 21, 2003

Brussels, Belgium - 19 March, 2003 - ORBOTECH S.A., the European subsidiary of Orbotech Ltd., today announced the appointment of Mssrs. Zohar Weizinger and Ofer Argov as Co-Presidents effective January 1, 2003. Both Orbotech veterans, Mr. Weizinger was most recently Vice President of Sales for the PCB Division at Orbotech S.A. and Mr. Argov was Vice President of Finance and Operations at Orbotech S.A.

Mssrs. Weizinger and Argov replace Mr. Chanoch Biran, who successfully completed his five-year European assignment and will assume the position of Corporate Vice President of Business Development & Marketing at Orbotech Ltd.

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