Exhibit 1

NUR MACROPRINTERS REPORTS 2006 RESULTS

Revenue increased and net losses decreased significantly
Operating income of 0.8 million excluding “share based payment” expenses

LOD, Israel, Friday, June 29, 2007 – NUR Macroprinters Ltd. (NURMF.PK), a leading supplier of wide-format inkjet production printers for the printing industry, reported its financial results for the full year ended December 31, 2006, which are also reflected in the annual report on Form 20-F filed with the Securities and Exchange Commission on June 29, 2007.

Revenues from product sales and services were approximately $78.0 million in the year ended December 31, 2006, a 9.2% increase compared to approximately $71.4 million in the year ended December 31, 2005. The increase in revenues of $6.6 million is primarily due to the increased demand for our UV based inkjet printers in Europe and America and the increased revenue from ink products and services.

The gross margin in the year ended December 31, 2006 was 34.3% compared to 27.2% in the year ended December 31, 2005. The increase in the gross margin is primarily attributable to the better management of our spare parts inventory that resulted in a significant decrease of inventory write off ($0.8 in 2006 compared with $2.7 in 2005) and the improvement of our margins on ink revenue as the percentage of ink manufactured by NUR increased compared to ink purchased from third parties

Operating loss in the year ended December 31, 2006 was $0.5 million compared to $9.8 million in the year ended December 31, 2005. Excluding “share based payment” expenses (see bellow), the year ended December 31, 2006 would have resulted with operating income in the amount of $0.8.

Beginning January 1, 2006, we account for equity-based compensation in accordance with SFAS No. 123(R), “Share-Based Payment”. As a result of adopting SFAS 123(R) our loss before income taxes for 2006 is $1.3 million higher than if we had continued to account for equity-based compensation under APB No. 25.

Interest payments, in connection with bank debt that was restructured in 2005, in the amount of $1.3 million were recorded as a reduction to the carrying amount of the debt (accrued interest) in accordance with the provisions of SFAS No. 15 “Accounting by Debtors and Creditors for Troubled Debt Restructuring”.

Net loss in the year ended December 31, 2006 was $1.9 million, or $0.03 net loss per share compared to $14.7 million, or $0.46 net loss per share in the year ended December 31, 2005.

In the beginning of 2007, $6.1 million (net) was raised through the private placement of 11,734,950 ordinary shares to various investors at a price of $0.54 per share. The investors also received warrants to purchase additional 3,520,485 ordinary shares at an exercise price of $0.65 per share, exercisable for a period of five years following the closing of the private placement. The private placement included two stages, an initial closing resulting in net proceeds in the amount of $3.7 million in January 2007 and a follow-on investment resulting in net proceeds of $2.4 million in February 2007.

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About NUR Macroprinters Ltd.
NUR Macroprinters (NURMF.PK) is a leading supplier of wide-format inkjet printers for the printing industry. NUR develops, manufactures and markets wide-format inkjet production printers and high-quality companion inks for a wide variety of business enterprises including commercial printing companies, sign printers, screen printers, billboard and media companies, photo labs, and digital printing service providers. NUR’s cost-effective, reliable printing solutions are helping customers worldwide deliver the high quality and fast turnaround they need to meet their clients’ exacting demands and succeed in today’s competitive marketplace. More information about NUR Macroprinters is available at www.nur.com.

SAFE HARBOR:
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding our plans and objectives of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Various important factors could cause actual results or events to differ materially from those which may be expressed or implied by the forward-looking statements that we make. These and other risks and uncertainties associated with our business are described in greater detail in the filings we make from time to time with Securities and Exchange Commission, including our Annual Report on Form 20-F. The forward-looking statements are made as of this date and NUR does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. This press release is available at www.nur.com

CONTACT:	NUR Macroprinters Ltd.
	Yossy Zylberberg
	COO & CFO
	+972 (8) 9145555
	yossyz@nur.com

NUR MACROPRINTERS LTD.
Balance Sheets
U.S. dollars in thousands

	Year ended
	December 31, 2005			December 31, 2006
Current assets:
Cash and cash equivalents	$	9,296		$	4,868
Short-term restricted cash		158			117
Trade receivables, net		7,316			10,223
Other accounts receivable and prepaid expenses		3,761			2,387
Inventories		13,137			16,400
Total current assets		33,668			33,995
Long-term receivables and deposits
Severance pay fund		876			1,060
Other assets		327			348
Total long-term receivables and deposits		1,203			1,408
Property, plant and equipment, net		4,636			5,758
Other intangible assets, net		209			42
Total assets	$	39,716		$	41,203
Liabilities and shareholders' deficiency
Current liabilities:
Short-term bank credit and loans	$	10,838		$	9,028
Current maturities of long-term loans		110			129
Trade payables		9,877			11,438
Deferred revenues		4,739			2,142
Other accounts payable and accrued expenses		11,548			10,902
Total current liabilities		37,112			33,639
Long-term liabilities:
Long-term loans, net of current maturities (including
accrued interest on restructured debt of $ 10,364 and $ 0,
and subordinated notes issued to related parties of $ 5,000
and $ 0 as of December 31, 2005 and 2004 respectively)		28,023			26,755
Government authorities		927			404
Accrued severance pay		1,208			1,408
Total long-term liabilities		30,158			28,567
Shareholders' deficiency:
Share capital		13,629			13,635
Additional paid-in capital		60,582			61,956
Receivables on account of shares		(7,000	)		-
Deferred stock compensation		(77	)		-
Accumulated other comprehensive loss		(490	)		(475	)
Accumulated deficit		(94,198	)		(96,119	)
Total shareholders' deficiency		(27,554	)		(21,003	)
Total liabilities and shareholders' deficiency	$	39,716		$	41,203

NUR MACROPRINTERS LTD.
Consolidated Statements of Operations
U.S. dollars in thousands, except share and per share data

	Year ended
	December 31, 2005			December 31, 2006
Revenues:
Products	$	67,072		$	72,576
Services		4,306			5,392
Total revenues		71,378			77,968
Cost of revenues:
Products		43,505			43,060
Inventory write-off		2,721			806
		46,226			43,866
Services		5,772			7,379
Total cost of revenues		51,998			51,245
Gross profit		19,380			26,723
Operating expenses:
Research and development		7,086			5,827
Selling and marketing		10,865			11,747
General and administrative		12,171			9,803
Doubtful accounts income		(1,132	)		(314	)
Amortization and impairment of technology and other intangible assets		169			167
Total operating expenses		29,159			27,230
Operating loss		(9,779	)		(507	)
Financial expenses, net		(3,448	)		(1,316	)
Fair value of warrants issued to former director		(1,441	)		-
Loss before taxes on income		(14,668	)		(1,823	)
Taxes on income		38			98
Net loss	$	(14,706	)	$	(1,921	)
Basic and diluted net loss per share	$	(0.46	)	$	(0.03	)
Weighted average number of shares used in computing basic
and diluted loss per share		31,932,345			60,506,854