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Eltek to Supply PCBs for Medical Device Use

Eltek Ltd., the leading Israeli manufacturer of advanced flex-rigid circuitry solutions announced today that it has received a $838,000 frame order from a U.S. medical device manufacturer for high-end flex-rigid PCBs for use in advanced medical devices. The order is expected to be delivered between May and October 2012. Total sales to this customer in 2011 were $1.4 million and reached $600,000 in the first quarter of 2012.

Arieh Reichart, President and Chief Executive Officer of Eltek said, "I am proud that Eltek was selected once again to be a supplier of PCBs for use in advanced medical devices. The new frame order is in addition to the $2.1 million frame order we received from another U.S. medical customer that was announced earlier this month. These orders represent continuing market recognition of the high quality and reliability of our products. We are focused on the medical and defense global markets as part of our long-term business plan."

About Eltek

Eltek is Israel's leading manufacturer of printed circuit boards, the core circuitry of most electronic devices. It specializes in the complex high-end of PCB manufacturing, i.e., HDI, multilayered and flex-rigid boards. Eltek's technologically advanced circuitry solutions are used in today's increasingly sophisticated and compact electronic products.