SANTA CLARA, Calif.--(Business Wire)--
Intevac, Inc. (Company) (Nasdaq:IVAC) received orders for five 200
Lean(R) magnetic disk sputtering systems scheduled for delivery in
2008.
Intevac Chief Executive Kevin Fairbairn stated: "We are very
pleased to receive these orders which reflect our customer's
commitment to invest in leading edge media technology production
capacity. The systems are scheduled to be installed in the second and
third quarters of the year."
The 200 Lean is Intevac's disk sputtering system that provides
higher throughput from a smaller footprint, which enables more
magnetic disks to be manufactured per square foot of factory floor
space, and is designed to reduce overall cost of ownership. The 200
Lean's flexible and modular design accommodates the production of
multiple sizes of both aluminum and glass disks, as well as the
growing number of thin-film process steps required by the adoption of
advanced technologies such as perpendicular recording.
About Intevac
Intevac was founded in 1991 and has two businesses: Equipment and
Imaging Instrumentation.
Equipment Business: Intevac is a leader in the design, manufacture
and marketing of high-productivity "lean" manufacturing systems and
has been producing "Lean Thinking" platforms since 1994. We are the
leading supplier of magnetic media sputtering equipment to the hard
disk drive industry and offer leading-edge, high-productivity etch
systems to the semiconductor industry.
Imaging Instrumentation Business: Intevac is a leader in the
development of compact, cost-effective, high-sensitivity
digital-optical products for the capture and display of low-light
images and the optical analysis of materials. We provide sensors,
cameras and systems for commercial applications in the inspection,
medical, scientific and security industries, and for government
applications such as night vision and long-range target
identification.
For more information call 408-986-9888, or visit the Company's
website at www.intevac.com.
Intevac, Inc.
Jeff Andreson, 408-986-9888
Chief Financial Officer
or
Headgate Partners LLC
Claire McAdams, 530-274-0551
Copyright Business Wire 2008
