SANTA CLARA, Calif. — BUSINESS WIRE — January 4, 2005
Intevac, Inc. (Company) (Nasdaq:IVAC) received an order for three 200 Lean disk sputtering systems, with delivery expected in mid-2005.
Kevin Fairbairn, Intevac chief executive officer, commented, "This follow-on order provides further evidence of our customer's confidence in the high volume production capabilities of the Intevac(R) 200 Lean."
The Intevac(R) 200 Lean is Intevac's latest generation disk sputtering system. It provides significantly enhanced capabilities relative to the installed base of Intevac(R) MDP-250 systems. The 200 Lean provides higher throughput from a smaller footprint, which enables more thin-film disks to be manufactured per square-foot of factory floor space and is designed to lower overall cost of ownership. The 200 Lean's flexible and modular design allows customers to accommodate the growing number of thin-film disk process steps required by evolving roadmaps for technologies such as perpendicular recording.
About Intevac
Intevac is the world's leading supplier of thin-film disk sputtering equipment for the hard disk drive industry and a provider of leading edge extreme low light imaging sensors, cameras, and systems. For more information call 408-986-9888, or visit the Company's website at www.intevac.com
Safe Harbor Statement
This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Intevac claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to, timing of projected shipments of 200 Leans to our customer and capabilities of the 200 Lean. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the Company's expectations. These risks include, but are not limited to: failure to deliver systems as expected or failure of the systems to perform as expected, each of which could impact our expected revenues and profitability. Any of these risks could have a material impact on our business, our financial results and our stock price. These risks and other factors are detailed in the Company's regular filings with the U.S. Securities and Exchange Commission.
CONTACT: Intevac, Inc.
Charles Eddy, 408-986-9888
or
Silverman Heller Associates
Dan Matsui/Gene Heller, 310-208-2550
SOURCE: Intevac, Inc.
