NVMI Nova Ltd

NovaScan Integrated Metrology Will be the Tool of Record in all Manufacturing Facilities in Korea and China REHOVOT, Israel, December 9 /PRNewswire-FirstCall/ -- Nova Measuring Instruments Ltd. (NASDAQ:NVMI) provider of leading edge stand-alone metrology and the market leader of integrated metrology solutions to the semiconductor process control market, announced that a major top 10 semiconductor memory manufacturer has selected the NovaScan platform as its integrated metrology solution for CMP process control in all manufacturing facilities in Korea and China. After experiencing outstanding performance with the evaluation system's fleet matching, throughput and reliability, this major FLASH and DRAM manufacturing company began initial implementations in Korea in mid-2007 and recently expanded the deployment to its China facility. Based on its exceptional performance, Nova has been notified that the NovaScan Integrated Metrology will be the process tool of record for the current technology node in the company's continuously expanding manufacturing facilities in both Korea and China. Commenting on the news, Gabi Seligsohn, President and CEO of Nova, stated, "We are proud to have been chosen by this top-tier semiconductor manufacturer to support their production ramp-up during 2007 and 2008. Having already contributed several million dollars of revenue in 2007, we look forward to an even larger contribution from this key customer in 2008. This is a major achievement for Nova that will play an important role in our future growth and represents a continuation of our market share gains in all memory segments." About Nova: Nova Measuring Instruments Ltd. develops, produces and markets advanced integrated and stand alone metrology solutions for the semiconductor manufacturing industry. Nova is traded on the NASDAQ & TASE under the symbol NVMI. The Company's website is http://www.nova.co.il/. This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding our anticipated market position, trends, demand for our products, expected deliveries, expected revenues, operating results, and earnings. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. These risks and other factors include but are not limited to: changes in customer demands for our products, new product offerings from our competitors, changes in or an inability to execute our business strategy, unanticipated manufacturing or supply problems, changes in tax requirements or the applicability of those requirements to Nova and changes in customer demand for our products. We cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Nova's Annual Report on Form 20-F for the year ended December 31, 2006 filed with the Securities and Exchange Commission on May 11, 2007. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Nova Measuring Instruments Ltd. does not assume any obligation to update the forward-looking information contained in this press release. Company Contact: Dror David, Chief Financial Officer, Nova Measuring Instruments Ltd., Tel: +972-8-938-7505, E-mail: , http://www.nova.co.il/ Investor Relations Contacts: Ehud Helft / Kenny Green, GK Investor Relations, Tel: +1-646-201-9246, E-mail: DATASOURCE: Nova Measuring Instruments Ltd CONTACT: Company Contact: Dror David, Chief Financial Officer, Nova Measuring Instruments Ltd., Tel: +972-8-938-7505, E-mail: ; Investor Relations Contacts: Ehud Helft / Kenny Green, GK Investor Relations, Tel: +1-646-201-9246, E-mail:

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