SANTA CLARA, Calif. — BUSINESS WIRE — August 29, 2006
Intevac, Inc. (Company) (Nasdaq: IVAC) wholly owned subsidiary Intevac Malaysia Sdn Bhd (Intevac Malaysia) opened a field operations center in Kulim, Malaysia, as part of the Company's plan to expand in Asia and provide more comprehensive and timely support for customers' operations in Malaysia.
Intevac Chief Executive Kevin Fairbairn stated: "The opening of this field operations center in Kulim comes one month after opening our Singapore manufacturing center and further demonstrates Intevac's long-term commitment to our customers in Asia. This new operation will enable Intevac to provide value-added services and more timely support to our customers in Kulim and Penang." About the 200 Lean The 200 Lean(R) is Intevac's latest-generation disk sputtering system that 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 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 disk sizes, both aluminum and glass disks, and the growing number of thin-film process steps required by evolution toward advanced technologies such as perpendicular recording. About Intevac Intevac is the world's leading supplier of magnetic media sputtering equipment for the hard disk drive industry and a developer and 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. 200 Lean(R) and Intevac(R) MDP-250 are registered trademarks of Intevac, Inc. 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, expansion and provision of improved services in Asia. 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 improve service as expected, which could have a material impact on our business, our financial results, and the Company's 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. SOURCE: Intevac, Inc.
Charles Eddy, 408-986-9888
or
Silverman Heller Associates
Dan Matsui/Gene Heller, 310-208-2550
