Nova Adds Another Leading Foundry to Its Integrated Metrology Customer Base
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Nova Measuring Instruments Inc.
1270 Oakmead Parkway
Sunnyvale, CA, 94085
Press release date: April 4, 2012
REHOVOT, Israel - 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 today that a leading foundry has accepted Nova's integrated metrology tools as Production Tool of Record (PTOR) for various technology nodes. The metrology tools will be used in CMP for various applications.
It is the first implementation of an integrated metrology solution in production for this leading foundry following a proof of concept evaluation that clearly showed improvement in production yields and superior ROI. This recent selection of Nova's integrated metrology tools complements previous selections by this particular customer of Nova's most advanced Stand Alone metrology tools and MARS modeling software for production in various technology nodes and different process steps.
This initial order for multiple tools was partially shipped in the first quarter and is expected to complete shipment during the second quarter.
"We are proud to add another leading Foundry to our integrated metrology customer base," commented Gabi Seligsohn, President & CEO of Nova. "This additional adoption of our integrated metrology platform further solidifies our leading position in the area of process control for semiconductor manufacturing. We expect this win to generate significant business opportunities for us in the future as the customer extends its usage of integrated metrology solutions in current and for more advanced technology nodes. This selection is yet another win in a long chain of successful evaluations, where Nova was chosen to be a partner for development and process control in most advanced technology nodes."
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.
Dror David, Chief Financial Officer
Nova Measuring Instruments Ltd.
Nova Measuring Instruments, Ltd.