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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

December 23, 2003


Date of Report (date of earliest event reported)

INTEVAC, INC.


(Exact name of Registrant as specified in its charter)
         
State of California   0-26946   94-3125814
(State or other jurisdiction
of incorporation or organization)
  (Commission File Number)   (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)

 


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Item 5. Other Events.
Item 7. Financial Statements and Exhibits
EXHIBIT 99.1
EXHIBIT 99.2


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Item 5. Other Events.

     On December 23, 2003 Intevac, Inc. issued two press releases announcing the shipment of the first 200 Lean disk sputtering system and the death of board member H. Joseph Smead. The press releases are attached as Exhibits 99.1 and 99.2.

Item 7. Financial Statements and Exhibits

  (c)   Exhibits

    99.1 Press Release announcing shipment of first 200 Lean.

    99.2 Press Release announcing the death of H. Joseph Smead.

 


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     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: December 23, 2003   By:   /s/ KEVIN SOULSBY
       
        Kevin Soulsby
        Controller

 


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Exhibits    

   
99.1   Press Release announcing shipment of first 200 Lean.
99.2   Press Release announcing the death of H. Joseph Smead.

 

Exhibit 99.1

intevac 3560 Bassett Street, Santa Clara CA 95054
Charles Eddy Dan Matsui/Eugene Heller Chief Financial Officer Silverman Heller Associates
(408) 986-9888 (310) 208-2550

INTEVAC, INC. SHIPS FIRST 200 LEAN DISK SPUTTERING SYSTEM

Santa Clara, Calif. -- December 23, 2003 -- Intevac, Inc. (Nasdaq: IVAC) today announced it has delivered its first 200 Lean disk sputtering system.

Kevin Fairbairn, Intevac Chief Executive Officer, commented: "I am pleased to report that we have delivered, and started the installation of, our first 200 Lean disk sputtering system. This system was ordered in August and delivered in less than five months."

The Intevac(R) 200 Lean is Intevac's latest generation disk sputtering system. It provides significantly enhanced capabilities relative to the installed base of approximately 90 Intevac(R) MDP-250 systems. The 200 Lean provides higher throughput from a smaller footprint, which enables more thin-film disks to be manufactured per square-foot of factory floor space and is designed to lower overall cost of ownership. The 200 Lean's flexible and modular design allows customers to accommodate any number of thin-film disk process steps required by their evolving technology roadmaps.

ABOUT INTEVAC

Intevac provides complex manufacturing equipment for the hard disk drive industry and is developing technology for extreme low light imaging devices and systems.

Intevac(R) 200 Lean and Intevac(R) MDP-250 are registered trademarks of Intevac, Inc.

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Exhibit 99.2

intevac 3560 Bassett Street, Santa Clara CA 95054
Charles Eddy Dan Matsui/Eugene Heller Chief Financial Officer Silverman Heller Associates
(408) 986-9888 (310) 208-2550

INTEVAC ANNOUNCES DEATH OF BOARD MEMBER H. JOSEPH SMEAD

Santa Clara, Calif. -- December 23, 2003 -- Intevac, Inc. (Company) (Nasdaq:
IVAC) announced the death of H. Joseph Smead, a member of the company's board of directors.

"We were extremely shocked and saddened by Joe's sudden passing," stated Norman H. Pond, Intevac chairman. Joe was a steady supporter of Intevac and always provided thoughtful and constructive advice. Joe's tremendous support, guidance, and always pleasant demeanor will be greatly missed by all of us. On behalf of all of us at Intevac, we extend our sincere condolences to his family."

Smead earned a Ph.D. degree from Purdue University in 1953 and provided the majority of funding to found Intevac in 1991. He served as a Company director and as a member of various board committees throughout his tenure. Prior to founding Kaiser Aerospace & Electronics in 1974, Smead held senior management positions at Litton Industries and Teledyne, Inc. During his career Smead contributed greatly to important technology used by the United States military services.

ABOUT INTEVAC

Intevac provides complex manufacturing equipment for the hard disk drive industry and is developing technology for extreme low light imaging devices and systems.

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