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Intevac, Inc. (IVAC) Receives Order for Eight 200 Lean(R) Systems

Jan. 4, 2010 (Business Wire) — Intevac, Inc. (NASDAQ:IVAC) today announced an order for eight 200 Lean® magnetic disk sputtering systems, scheduled for delivery in the second and third quarter of 2010.

“We are very pleased to receive this capacity-driven order for our 200 Lean system,” commented Kevin Fairbairn, president and chief executive of Intevac. “The hard drive industry currently is seeing very high rates of media capacity utilization, requiring incremental new capacity to support the growth expected this year.”

About Intevac

Intevac was founded in 1991 and has two businesses: Equipment and Intevac Photonics.

Equipment Business: We are a leader in the design, manufacture and marketing of high-productivity lean manufacturing systems and have been producing Lean Thinking platforms since 1994. We are the leading supplier of magnetic media processing systems to the hard drive industry and offer highly efficient technology solutions to the photovoltaic industry and advanced etch systems to the semiconductor industry.

Intevac Photonics: We are a leader in the development and manufacture of leading edge, high-sensitivity imaging products and vision systems, as well as table-top and handheld Raman instruments. Markets addressed include military, industrial, physical science and life science.

For more information call 408-986-9888, or visit the company’s website at

200 Lean® is a registered trademark of Intevac, Inc.

Safe Harbor Statement

This press release includes statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). Intevac claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms “may,” “believes,“ “projects,” “expects,” or “anticipates,” and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to; the need for capacity additions in 2010 and the timing of the 200 Lean shipments. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the company’s expectations. These risks include, but are not limited to: continued high utilization rates in the hard drive industry and failure to meet planned shipment dates, each of which could have a material impact on our business, our financial results, and the company’s stock price. These risks and other factors are detailed in the company’s regular filings with the U.S. Securities and Exchange Commission.

Monday, January 4th, 2010 Uncategorized