Leading Foundry Expands Deployment of Nova's Stand-Alone Optical CD
May 05 2009 - 7:41AM
PR Newswire (US)
Company Reports Orders for Several NovaScan Systems to Enhance
Copper Process Control Solution REHOVOT, Israel, May 5
/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, today announced that it will
ship several NovaScan stand-alone metrology systems to a leading
global foundry. Together with already deployed NovaScan systems at
the foundry, the additional tools will expand the metrology
solution for Back End Of Line (BEOL) Copper interconnect process
control at advanced technology nodes. Coupled with NovaMARS, Nova's
3D Optical CD modeling software, the NovaScan systems can
accurately measure the Copper line profile, a dominant factor
highly correlated to Copper line resistivity. Commenting on the
order, Noam Shintel, Director of Corporate Marketing at Nova said:
"At technology nodes of 45nm and below, Optical CD, being able to
accurately visualize the Copper line profile, becomes an enabling
technology for Copper process control. We are delighted that this
technology leading foundry continues to deploy Nova's stand-alone
and integrated metrology tools and we look forward to continue our
fruitful cooperation supporting them with our advanced Optical CD
solutions in the future." 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 trends, demand for our products,
expected deliveries, transactions, expected revenues, operating
results, earnings and profitability. 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: unanticipated consequences
of the global economic crisis, our dependency on a single
integrated process control product line; the highly cyclical nature
of the markets we target; our inability to reduce spending during a
slowdown in the semiconductor industry; our ability to respond
effectively on a timely basis to rapid technological changes; risks
associated with our dependence on a single manufacturing facility;
our ability to expand our manufacturing capacity or marketing
efforts to support our future growth; our dependency on a small
number of large customers and small number of suppliers; risks
related to our intellectual property; 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; changes in customer demand for our products; risks
related to currency fluctuations; and risks related to our
operations in Israel. 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 31,2008 filed with the Securities
and Exchange Commission on March 30, 2009. 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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