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New Tier 1 Display Customer Places Order for VERTEX Physical Vapor Deposition System

Intevac, Inc., a leading supplier of thin-film deposition equipment, today announced that a new Tier 1 display customer has ordered a VERTEXTM Physical Vapor Deposition (PVD) system. Scheduled to ship in the fourth quarter of 2015, this system will be used to provide enhanced scratch protection on mobile device displays, camera lenses, and glass covers.

“We are pleased to announce a second Tier 1 display customer for our VERTEX PVD system,” commented Jay Cho, executive vice president and general manager of Intevac’s Thin-Film Equipment business. “Our protective coating delivers unmatched performance as a cost-effective, optically-transparent, scratch-protective film for the display cover panel market. Winning a second Tier 1 display customer in Asia is a key milestone toward commercial adoption.”

Intevac capitalized on its expertise in small-substrate processing and protective coatings from the hard drive media market to develop the VERTEX PVD system; offering a high-throughput manufacturing solution, with precise thin-film deposition on small substrates.

“This new VERTEX PVD order demonstrates meaningful progress toward our Thin-Film Equipment growth strategy,” added Wendell Blonigan, president and chief executive officer of Intevac. “Building upon our core competencies in high-productivity thin-film processing of small substrates, we are making outstanding progress in expanding our Thin-Film Equipment business into the large and growing mobility marketplace.”

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