SANTA CLARA, Calif. — BUSINESS WIRE — March 26, 2003
Intevac, Inc. (Nasdaq:IVAC) today announced it is offering long range camera systems based on its Laser Illuminated Viewing and Ranging (LIVAR®) technology for homeland defense and commercial security applications.
"There is a growing need to establish long-range surveillance for large outdoor and wide-perimeter areas, such as borders, ports, airports and water districts," said Chris Lane, general manager of Intevac's commercial imaging division. "Effective surveillance requires both the detection of possible threats, with systems like radar or forward-looking infra-red, and the investigation and positive identification of those possible threats. To meet the need for threat identification, we are offering extended-range LIVAR® camera systems suitable for both stationary and mobile applications that can provide the detailed imagery necessary to positively identify threats at ranges of up to 20 kilometers."
Intevac's LIVAR® technology is analogous to RADAR but with a number of improvements. The system works day or night, regardless of available light. The illuminator is an eye safe laser, rather than a microwave source, and the reflected signal is displayed as a digital video image, rather than as a blip. This enables real time, high-resolution imagery for threat identification at much longer ranges than was previously possible.
Kevin Fairbairn, Intevac chief executive officer, commented: "The critical technology in LIVAR®) is the extraordinarily sensitive imaging chip which was originally developed by Intevac under a cost-sharing Technology Development Agreement with the Defense Advanced Research Projects Agency (DARPA). Initial applications of LIVAR® in next-generation military systems include the Airborne Laser under development by Lockheed Martin, a robotic surveillance vehicle under development by DRS Sensor Systems, and an upgrade to an existing major weapons platform."
Intevac will be exhibiting its LIVAR® and NightVista™ products from March 26 through March 28 at the International Security Conference West at the Sands Expo and Convention Center in Las Vegas.
For further information on Intevac treat detection and identification systems, please contact Vince Tarpey at 408/486-9888 or vtarpey@intevac.com.
NightVista™ and LIVAR® are trademarks of Intevac, Inc. About Intevac
Intevac is developing revolutionary intensified imaging products that address potentially large commercial and military markets. Intevac's intensified imaging products are high-speed electro-optical devices that detect light with extraordinary sensitivity. The Company's proprietary technology makes possible products such as LIVAR®, a long-range target identification system, and video cameras with night vision capability. The Company also produces sophisticated manufacturing equipment used in the manufacture of high technology products. Intevac's equipment products are designed to deposit or modify highly engineered thin-films of material on a variety of substrates. These systems are designed for continuous high volume manufacturing of precision thin-film products such as magnetic media for hard drives. 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, the expected range, performance, application to wide-perimeter surveillance applications. 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 and other factors are detailed in our regular filings with the Securities and Exchange Commission.
CONTACT:
Intevac, Inc.
Charles Eddy, 408/986-9888
or
Silverman Heller Associates
Dan Matsui/Eugene Heller, 310/208-2550
