Eltek receives PCB orders worth $490,000 for use in medical devices

Eltek Ltd. (NASDAQ: ELTK), the leading Israeli manufacturer of advanced flex-rigid circuitry solutions, announced today that it has received orders valued at $490,000. The orders include high-end flex-rigid PCBs (printed circuit boards) for use in advanced medical devices by a US medical equipment manufacturer. The orders are expected to be delivered between October 2011 and February 2012.

These orders are a result of Eltek's continued focus on the medical and defense sectors as part of its growth strategy. Total orders since the beginning of 2011 from this customer amount to $900,000.

Arieh Reichart, President and Chief Executive Officer of Eltek said: "We are proud to have been selected as the supplier of PCBs for use in advanced medical equipment, which reflects the recognition of our high technological capabilities. Eltek is receiving increased recognition by worldwide customers based on the high quality and reliability of its products. According to our long term business plan, we are continuing to focus our efforts on strengthening our position in the medical and defense global markets."