Intevac Inc Announces Receipt of Board Nominations from Voce Capital
February 20, 2014 at 05:04 pm
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On February 20, 2014, Intevac Inc. announced that in December 2013, it received a notice from Voce Catalyst Partners LP and certain of its affiliates, a stockholder of the Company that announced its intent to nominate 3 individuals for election to the Company's Board of Directors at the Company's 2014 annual meeting of stockholders.
Intevac, Inc. is a provider of thin-film process technology and manufacturing platforms for high-volume manufacturing environments. The Company operates through a single segment, which is Thin Film Equipment (TFE). The TFE segment designs, develops and markets vacuum process equipment solutions for high-volume manufacturing of small substrates with precise thin-film properties, such as for the hard disk drive (HDD) and advanced coatings (ADVC) markets, as well as other adjacent thin-film markets. In HDD Equipment Market, it designs, manufactures, markets and services complex capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks. In ADVC Market, the Company develops equipment to deposit optically transparent thin films onto display cover panels typically found on consumer and automotive electronics products. Its products include 200 Lean Disk Sputtering System, TRIO, and upgrades, spares, consumables and services (non-systems business).
INTEVAC, INC. 
