REHOVOT, Israel, May 10, 2010 /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 the availability of productivity enhancement packages.
The packages elevate the metrology performance and increase the
sampling rate of wafers being processed to enable tighter process
control. Customers also enjoy the benefit of improved cost of
ownership, by extending tool lifetime to advanced technology nodes,
increasing throughput and reducing consumables costs.
The basic productivity package provides the following benefits:
- Up to 40% reduction in cycle time, enabling 100% sampling to increase
process CPk
- Up to 30% improvement in precision and long term stability
- 3-times longer lamp lifetime, reducing tool maintenance costs
The second package is the Optical CD productivity package, which
expands the measurement capabilities of a thin film integrated
metrology tool to Optical CD applications, addressing the increase
in application complexity and pattern densities experienced by
customers as they migrate existing capacity to next generation
technology nodes.
"The introduction of productivity enhancement packages is
evidence of our commitment to protect our customers' investment in
Nova's metrology," said Ziv
Barzilay, Director of Global Services at Nova. "As
semiconductor manufacturers ramp up following the downturn, they
deploy existing equipment to its maximal capacity. By expanding the
performance envelope of integrated metrology, our customers achieve
higher utilization and better yield at advanced technology nodes.
We already shipped productivity packages to leading memory
manufacturers in two continents and the interest we see is high.
Going forward we will continue to develop more enhancements for our
installed base which will be announced as they become available
later this year."
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, transaction, 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: 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;
unanticipated consequences of the global economic crisis 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, 2009 filed with the Securities and
Exchange Commission on March 26,
2010. 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: info@nova.co.il
http://www.nova.co.il
Investor Relations Contacts:
Ehud Helft / Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
E-mail: nova@ccgisrael.com
SOURCE Nova Measuring Instruments Ltd