Intevac Inc. Names Patrick Leahey Vice President of Engineering, Equipment Business

SANTA CLARA, Calif. — BUSINESS WIRE — May 13, 2005

Intevac, Inc. (Company) (Nasdaq:IVAC) named Patrick Leahey vice president of engineering for the Company's equipment business.

 

Since 1996, Leahey has successfully led design teams from product concept through product launch, incorporating world-class engineering processes for Applied Materials, Inc., the leading global supplier of semiconductor wafer fabrication equipment. Leahey previously worked for Lockheed Martin Corporation, where he was responsible for directing engineering teams in the area of design, analysis, and test of NASA's Hubble Space Telescope replacement flight hardware and mission Astronaut Crew Aids and Tools.

Kevin Fairbairn, Intevac chief executive officer, commented: "Patrick's proven leadership skills, technical knowledge, experience, and passion for developing advanced equipment are well suited to his new role, in which he will be leading the development of advanced equipment at Intevac."

About Intevac

Intevac is the world's leading provider of disk-sputtering equipment to manufacturers of magnetic media used in hard disk drives and a developer and provider of leading technology for 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, equipment development. 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, or recognize revenue, on systems as scheduled, each of which 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.