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 has received new bookings totaling $2M
for several integrated metrology units, to support a first phase of large scale
capacity expansion at a leading memory manufacturing site. These tools will
support the introduction of memory chips at technology nodes of 40nm and below.
"As stated in our recent quarterly conference call, the last few quarters
have been characterized by technology migration of existing capacity. We are
now clearly entering the second phase of recovery where our customers are moving
forward and increasing capacity to support the need for high end devices. These
orders clearly signal an additional step up in business activity, and given
recent customer announcements, we expect this trend to continue in the coming
quarters", commented Gabi Seligsohn, President & CEO at Nova.
The Company expects to complete the shipment of these tools by the end of the
first quarter of 2010.
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.
Posted November 10th, 2009
