Metrology solutions developer Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) today announced that it has received $5.5 million in orders from three leading semiconductor foundries in recent weeks. It did not name the customers.
The orders were for Nova's NovaScan 3090Next Stand Alone platform, and its new Nova T500 platform with the NovaMARS software.
The orders are the latest in a stream of new orders from leading companies, which reportedly includes IBM Corporation (NYSE: IBM).
Nova president and CEO Gabi Seligsohn said, "This stream of orders is a direct result of our successful penetration into new customers as well as the proliferation of our technology into additional Fab areas at existing customer sites. These orders will enable us to present a strong finish to a remarkable year in which we have demonstrated our ability to increase market share in each of the segments we serve, while significantly improving our cost structure."
Nova's share rose 10% at the opening on Nasdaq today to $3.50, giving a market cap of $60 million. The share rose 7.7% on the TASE to NIS 11.74.
Published by Globes [online], Israel business news - www.globes-online.com - on October 13, 2009
© Copyright of Globes Publisher Itonut (1983) Ltd. 2009