Intevac, Inc. (Nasdaq:IVAC) received an order for two 200 Lean® Gen II magnetic disk sputtering systems scheduled for delivery in the third quarter of 2008.
The 200 Lean Gen II is Intevac’s latest disk sputtering system that provides 25% higher throughput than the original 200 Lean, which enables more magnetic disks to be manufactured per square foot of factory floor space, and is designed to reduce overall cost per disk.
Intevac Chief Executive Kevin Fairbairn stated: “We are pleased to receive the first production order for our 200 Lean Gen II system. The Gen II demonstrates our continued success in developing products that meet our customers’ need for higher productivity and reduced manufacturing costs."
Intevac was founded in 1991 and has two businesses: Equipment Products and Imaging Instrumentation.
Equipment Products: Intevac is a leader in the design, manufacture and marketing of high-productivity “lean” manufacturing systems and has been producing “Lean Thinking” platforms since 1994. We are the leading supplier of magnetic media sputtering equipment to the hard disk drive industry and offer leading-edge, high-productivity etch systems to the semiconductor industry.
Imaging Instrumentation: Intevac is a leader in the development of compact, cost-effective, high-sensitivity digital-optical products for the capture and display of low-light images and the optical analysis of materials. We provide sensors, cameras and systems for commercial applications in the inspection, medical, scientific and security industries, and for government applications such as night vision and long-range target identification.
For more information call 408-986-9888, or visit the Company’s website at www.intevac.com.
Jeff Andreson, 408-986-9888
Chief Financial Officer
Headgate Partners LLC
Claire McAdams, 530-274-0551