6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934

For the Month of January 2006

CAMTEK LTD.
(Translation of Registrant’s Name into English)

Ramat Gavriel Industrial Zone
P.O. Box 544
Migdal Haemek 23150

ISRAEL
(Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.

Yes o No x



SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CAMTEK LTD.
(Registrant)

BY: /S/ MOSHE AMIT
——————————————
Moshe Amit,
Executive Vice President and
Chief Financial Officer

Dated: January 5, 2006

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CAMTEK RELEASES PRELIMINARY Q1 2006 GUIDANCE OF $20-23 MILLION
Audited Full Year 2005 Results will be released on Thursday, March 2nd

MIGDAL HA’EMEK, Israel, January 5, 2006 – Camtek Ltd. (NASDAQ: CAMT, TASE: CAMT) today announced that it expects to recognize revenues in the range of $20-23 million in the first quarter of 2006. This preliminary guidance is based on the current backlog and prospects for Camtek’s Falcon systems, which indicate another strong quarter, and on the assumption that the PCB market remains at a similar level as in the fourth quarter of 2005.

        Mr. Rafi Amit, Camtek’s CEO commented, “We are very pleased with the recent momentum in our business driven by the success of the Falcon. The strong growth in sales of Falcon in the fourth quarter of 2005, as well as our current backlog and prospects, form the basis for our high confidence entering 2006.”

Camtek also announced that it will release its fourth quarter and annual 2005 audited results on Thursday, March 2nd before the market opens.

ABOUT CAMTEK LTD.
With headquarters in Migdal Ha’Emek Israel, Camtek Ltd., designs, develops, manufactures, and markets automatic optical inspection systems and related products. Camtek’s automatic inspection systems are used to enhance both production processes and yield for manufacturers in the printed circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging industry. 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.


CONTACT INFORMATION    
 CAMTEK: IR/PR ISRAEL IR INTERNATIONAL
 Moshe Amit, CFO Financial Communication Ehud Helft / Kenny Green
 Tel: +972-4-604-8308 Noam Yellin GK International Investor Relations
 Fax: +972-4-604 8300 Tel: +972 3 6954333 Tel: (US) 1 866 704 6710
 Mobile: +972-5-469-4902 Fax: +972 544 246720 kenny.green@gkir.com
 mosheamit@camtek.co.il   ehud.helft@gkir.com

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