Intevac Receives Order for First 200 Lean Gen II Etch and Deposition System for Patterned Media Development

Intevac, Inc. (Nasdaq:IVAC) announced today it has received an order for a 200 Lean® Gen II etch and deposition system to be used for Patterned Media, scheduled for delivery mid-year 2009.

“We are pleased to announce this purchase order from a new 200 Lean customer who will use this tool in their Patterned Media development,” commented Kevin Fairbairn, president and chief executive officer of Intevac. “This system, which incorporates both etch and deposition process chambers, was developed to address the industry’s cost and technology requirements and is a major milestone for Intevac as it represents our first Patterned Media 200 Lean system order.”

Patterned Media is the next major media technology transition for the hard drive industry. Intevac provides a cost-effective solution for high volume manufacturing by providing new etch and associated process modules on the high productivity 200 Lean Gen II platform.

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 disk drive industry and offer advanced etch technology 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 portable Raman instruments. Markets addressed include military, law enforcement, industrial, physical science and life science.

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

200 Lean® is a registered trademark of Intevac, Inc.

Contacts:

Intevac, Inc.
Jeff Andreson, 408-986-9888
Chief Financial Officer
Claire McAdams, 530-265-9899
Investor Relations

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.