| | Business Summary | | Intevac,
Inc.
is
engaged
in
the
design,
manufacture
and
sale
of
complex
capital
equipment
used
to
manufacture
products
such
as
thin-film
disks
and
flat
panel
displays,
and
the
development
of
highly
sensitive
electro-optical
devices.
The
Company
has
two
business
segments,
the
Equipment
Division
and
the
Photonics
Division.
Intevac's
Equipment
Division
manufactures
thin-film
deposition
and
rapid
thermal
processing
equipment
that
is
used
in
the
manufacture
of
flat
panel
displays,
and
thin-film
deposition
and
lubrication
equipment
that
is
used
in
the
manufacture
of
thin-film
disks
for
computer
hard
disk
drives.
Intevac's
Photonics
Division
develops
electro-optical
devices
and
systems
that
permit
highly
sensitive
detection
of
photons
in
the
visible
and
short
wave
infrared
portions
of
the
spectrum. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | IVAC
is
a
supplier
of
static
sputtering
systems
used
to
manufacture
thin-film
disks
for
computer
hard
drives.
It
develops
highly
sensitive
electro-optical
devices
under
govornment
sponsored
R&D
contracts.
For
the
six
months
ended
6/01,
revenues
rose
29%
to
$19.5
million.
Net
loss
totalled
$8.3
million,
up
from
$3.6
million.
Revenues
benefited
from
the
sale
of
an
electronic
beam
manufacturing
system.
Higher
loss
reflects
increased
R&D
and
administrative
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Norman Pond, 62
Chairman | $296K | -- | Ajit Rode, 48
CEO
and Pres of Equipment Division | 162K | -- | Charles Eddy, III, 50
CFO,
VP of Fin. and Admin., Sec., Treasurer | 175K | $8.8K | Verle Aebi, 46
Pres
of Photonics Division | 177K | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/ivac.gif)