REHOVOT, Israel, July 7, 2022
/PRNewswire/ -- Nova (Nasdaq: NVMI) announced today that
a leading analog and mixed-signal device manufacturer recently
adopted the Nova VERAFLEX® solution for advanced process
control. Nova has already delivered numerous tools to several of
the customer's fabrication sites.
Analog device manufacturing today requires tighter process
control for ultra-thin films to shorten the time for device
qualification and yield growth. Nova's x-ray photoelectron
spectroscopy (XPS) is uniquely equipped for this purpose and was
selected over other traditional methods due to its superior
technology benefits. Over recent years Nova VERAFLEX®
has revolutionized materials metrology and is the industry standard
for materials characterization, providing inline composition and
thin film process control in various process steps.
"This selection signifies the great potential of our materials
metrology portfolio for a variety of IC devices. This new win
bolsters our strategy to grow our materials metrology beyond Nova's
traditional markets," said Eitan Oppenhaim, President and Chief
Executive Officer of Nova. "Our ability to develop unique
and differentiated solutions allows us to offer a broader range of
capabilities, which resonates well with various customers in
different steps of the IC manufacturing value chain."
About Nova
Nova is a leading innovator and key provider of material,
optical, and chemical metrology solutions for advanced process
control in semiconductor manufacturing. Nova delivers continuous
innovation by providing state-of-the-art high-performance metrology
solutions for effective process control throughout the
semiconductor fabrication lifecycle. Nova's product portfolio,
which combines high-precision hardware and cutting-edge software,
provides its customers with deep insight into developing and
producing the most advanced semiconductor devices. Nova's unique
capability to deliver innovative solutions enables its customers to
improve performance, enhance product yields, and accelerate time to
market. Nova acts as a partner to semiconductor manufacturers from
its offices worldwide. Additional information can be found at
https://www.novami.com. Nova is traded on Nasdaq and TASE (Nasdaq
ticker: NVMI).
Forward-Looking Statements
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, but not limited
to, anticipated growth opportunities and projections about our
business and its future revenues, expenses, 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 differ
materially from any future results, levels of activity, performance
or achievements expressed or implied in those forward-looking
statements. Factors that may affect our results, performance,
circumstances, or achievements include, but are not limited to, the
following: catastrophic events such as the outbreak of COVID-19;
increased information technology security threats and sophisticated
computer crime; foreign political and economic risks; changes in
U.S. trade policies; inability to protect our intellectual
property; open source technology exposure; failure to compete
effectively or to respond to the rapid technological changes;
consolidation in our industry; difficulty in predicting the length
and strength of any downturn or expansion period of the market we
target; factors that adversely affect the pricing and demand for
our product lines; dependency on a small number of large customers;
dependency on a single manufacturing facility per product line;
dependency on a limited number of suppliers; difficulty in
integrating current or future acquisitions; lengthy sales cycle and
customer delays in orders; political, economic, and military
instability in Israel; risks
related to our convertible notes; currency fluctuations; and
quarterly fluctuations in our operating results. 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, 2021, filed with the
Securities and Exchange Commission on March
1, 2022. These factors are updated from time to time through
the filing of reports and registration statements with the
Securities and Exchange Commission. Nova Ltd. does not assume any
obligation to update the forward-looking information contained in
this press release.
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Company Contact:
Dror
David
Chief Financial Officer
+972-73-229-5760
investors@novami.com
https://www.novami.com
Investor Relations Contact:
Miri Segal
MS-IR LLC
+1-917-607-8654
msegal@ms-ir.com
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SOURCE Nova