Intevac Receives $7M Subcontract Award for EBAPS Sensor and Camera Development

Intevac Photonics, a subsidiary of Intevac, Inc., (Nasdaq:IVAC) announced today it has received a multi-year award from the U.S. Government in the amount of $7 million for the development of a four mega-pixel, low light level sensor and camera. This sensor is based on Intevac’s patented EBAPS® (Electron Bombarded Active Pixel Sensor) design, which utilizes CMOS technology to produce digital imaging sensors for extreme low light level detection. Both the sensor and camera will be available for use in a variety of applications beginning in 2011.

“We are very pleased to receive this award for the development of a four mega-pixel EBAPS sensor and associated camera,” commented Joe Pietras, Executive Vice President and General Manager of Intevac Photonics. “This sensor will expand our family of digital EBAPS sensors into larger formats, extending Intevac’s position as the leading supplier of extreme low light level digital sensors required for U.S. military applications.”

About Intevac

Intevac was founded in 1991 and has two businesses: Equipment and Intevac Photonics.

Equipment Business: We are a leader in the design, manufacture and marketing of high-productivity lean manufacturing systems and have been producing Lean Thinking platforms since 1994. We are the leading supplier of magnetic media processing systems to the hard drive industry and offer highly efficient technology solutions to the photovoltaic industry and advanced etch systems to the semiconductor industry.

Intevac Photonics: We are a leader in the development and manufacture of leading edge, high-sensitivity imaging products and vision systems, as well as table-top and handheld Raman instruments. Markets addressed include military, industrial, physical science and life science.

For more information call 408-986-9888, or visit the company's website at www.intevac.com.

EBAPS® is a registered trademark 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, the expected value of the EBAPS award, the successful development of the EBAPS sensor and camera, and the expected availability of, and applications for, the EBAPS sensor and camera. 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 of the products to perform as expected, be available as expected, or address various applications, each of 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.