Intevac Introduces Versatile New Thin Film Deposition Platform
Tue, July 8 2014
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Intevac, Inc. (NASDAQ:IVAC) today introduced the INTEVAC MATRIX™ thin
film processing platform, specifically developed to address multiple
applications in the vacuum coating industry.
“For over twenty years Intevac has been a world-leading provider of
high-productivity thin film PVD deposition systems for hard disk drive
media manufacturing. INTEVAC MATRIX enhances our core capabilities in
high-throughput deposition technology with a substrate independent
platform that provides versatility for broader applications of thin film
deposition,” commented Wendell Blonigan, president and chief executive
officer. “We recently announced orders for advanced solar cell
manufacturing and for protective coatings used in various mobile
devices, each leveraging Intevac’s core PVD sputtering technologies.
INTEVAC MATRIX will be the key platform to extend our production-proven
thin film deposition technology into new adjacent markets.”
The INTEVAC MATRIX is enabled by a carrier-based transport system that
can accommodate various size substrates. The system can be configured
with multiple thin film deposition technologies for in-line sequential
processing; enables double-sided deposition without breaking vacuum; and
can deposit in both horizontal or vertical substrate orientation. The
INTEVAC MATRIX platform is engineered to produce the highest quality
films at the lowest cost of ownership.
About Intevac
Intevac was founded in 1991 and has two businesses: Equipment and
Photonics.
In our Equipment business, we are a leader in the design and development
of high productivity, thin film processing systems. Our
production-proven platforms are designed for high volume manufacturing
of substrates with precise thin film properties.
Intevac is the market and technology leader in the hard drive industry
with approximately 60% of all magnetic disk media produced worldwide.
Our technology solutions improve performance and throughput, and
continue to expand into additional markets – including solar and
adjacent thin film deposition applications.
In our Photonics business, we are a recognized leading developer of
advanced high-sensitivity digital sensors, cameras and systems that
primarily serve the defense industry. We are the sole source provider of
integrated digital imaging systems for most U.S. military night vision
programs.
For more information, call 408.986.9899, or visit 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; the
sale of the INTEVAC MATRIX system. 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: the failure to meet planned
shipments and qualification dates 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.
Intevac, Inc.
Jeff Andreson, 408-986-9888
Chief Financial
Officer
or
Claire McAdams, 530-265-9899
Investor Relations
Source: Intevac, Inc.
