(May 20, 2005) Migdal Haemek, Israel — Camtek Ltd. results for Q1 2005, which ended March 31, show revenues of $9.1 million, down 30% from $13.1 million form the same period one year ago, and down 48% from $17.6 million in Q4 2004, slightly above the April 7 guidance range of between $8.5 to $9 million.