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Stock impact report

Intevac Announces Agreement to Deliver its MATRIX PVD System for Evaluation and Qualification in Advanced Semiconductor Packaging Applications

Intevac, Inc. (IVAC) 
Last intevac, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.intevac.com/events.cfm
Company Research Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced it has closed an agreement with a leading outsourced assembly and test (OSAT) manufacturer to place its INTEVAC MATRIX® PVD System for evaluation and qualification at their R&D facility. Scheduled to ship in the fourth quarter, this system is designed to lower the cost of advanced semiconductor packaging architectures, enabling smaller package footprints for mobile devices, as well as improved thermal and electrical performance as compared to conventional packages.“After over a year of development and culminating in successful customer demonstrations, we are very pleased to announce that our MATRIX PVD system has passed the stringent selection criteria at a leading OSAT manufacturer,” commented Wendell Blonigan, president and chief executive officer of Intevac. “The MATRIX PVD system is a versatile platform that can be easily configured to handle Show less Read more
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