Printar Ltd. chosen by World Economic Forum as Technology Pioneer

Printar Ltd., a manufacturer of digital printing equipment for the PCB industry, has announced it was nominated as one of 29 companies selected by the World Economic Forum as 2005's "Technology Pioneers".

The companies, whose products range from anti-terrorism software to possible treatments for cancer and Alzheimer's, were nominated by the world's leading venture capital and technology companies. The final selection from 114 nominees was made by a panel of leading technology experts appointed by the Forum.

"It is not enough for companies to have developed a great technology these days," said Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. "Timing is intrinsically important in deciding which technologies are successfully integrated into society. History shows us that successful technologies fulfilled an empty but important niche. These 29 companies are clearly addressing societal needs."

Mr. Ron Zohar, President and CEO at Printar, adds: "We are very pleased with the nomination. It is an additional proof that we are developing the technology that is truly required by the PCB industry."