Table of Contents

 
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): February 28, 2006
INTEVAC, INC.
 
(Exact name of Registrant as specified in its charter)
         
State of California
(State or other jurisdiction
of incorporation or organization) 		  0-26946
(Commission File Number) 		  94-3125814
(IRS Employer
Identification Number)
3560 Bassett Street
Santa Clara, CA 95054
 
(Address of principal executive offices)
(408) 986-9888
 
(Registrant’s telephone number, including area code)
N/A
 
(Former name or former address if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

TABLE OF CONTENTS

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Item 9.01. Financial Statements and Exhibits
EXHIBIT INDEX
EXHIBIT 99.1

Table of Contents

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
          On February 28, 2006, the Board of Directors of Intevac, Inc. (the “Company”) took action to increase the size of the Board from seven to eight members and elected Dr. Ping Yang, former vice president of research and development at Taiwan Semiconductor Manufacturing Company of Taiwan, R.O.C., to the Board, effective as of March 15, 2006. It has not been determined which, if any, committees of the Board Dr. Yang will serve on.
          Dr. Yang is not a party to any arrangement or understanding pursuant to which he was selected as a director, nor is Dr. Yang a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation S-K.
          A copy of the press release issued by the Company announcing Mr. Yang’s election to the Board is furnished herewith as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(c)      Exhibits
             
 
    99.1     Press Release, dated March 3, 2006, entitled “Intevac, Inc. Names Dr. Ping Yang to Board of Directors”

2

Table of Contents

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  INTEVAC, INC.
  		 
Date: March 3, 2006  By:   /s/ CHARLES B. EDDY III    
    Charles B. Eddy III   
    Vice President, Finance and Administration,
Chief Financial Officer, Treasurer and Secretary  		 
 

3

Table of Contents

EXHIBIT INDEX
     
Exhibit    
No   Description
 
   
99.1
  Press Release, dated March 3, 2006, entitled “Intevac, Inc. Names Dr. Ping Yang to Board of Directors”

 

 

Exhibit 99.1

Charles Eddy
Chief Financial Officer
Associates
(408) 986-9888
Dan Matsui/Gene Heller
Silverman Heller
(310) 208-2550


INTEVAC, INC. NAMES DR. PING YANG TO BOARD OF DIRECTORS
Santa Clara, Calif.—March 3, 2006—Intevac, Inc. (Nasdaq: IVAC) has increased the size of its Board of Directors from seven to eight directors and elected Dr. Ping Yang to its Board of Directors, effective March 15, 2006.
Dr. Yang is the former Vice President of Research and Development at Taiwan Semiconductor Manufacturing Company (“TSMC”) of Taiwan, R.O.C., where he worked from 1997 until 2005. Prior to joining TSMC, Dr. Yang worked at Texas Instruments from 1980 through 1997 where he was Director of Device and Design Flow. He was elected a Texas Instruments Fellow in 1986. Dr. Yang holds Ph.D. and MS degrees in electrical engineering from the University of Illinois and a BS degree in physics from National Taiwan University.
Dr. Yang is currently a consultant to TSMC and a director of Global Unichip Corp. of Taiwan, a full service System on Chip (“SoC”) design foundry, which is a TSMC subsidiary.
Norman Pond, Intevac chairman, commented: “We are very pleased to have Ping Yang join Intevac’s board of directors. We expect to benefit from his extensive business and technical experience in the high technology industry, his experience working in Asia and his knowledge of process equipment technology. I look forward to working with him in guiding the Company’s future growth and continuing to enhance shareholder value.”
About Intevac
Intevac is the world’s leading supplier of magnetic media sputtering equipment for the hard disk drive industry and a developer and provider of leading-edge 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
# # #