Nova Receives Repeat Order For Advanced X-Ray Solution From A Leading Memory Customer

Company Contact: Investor Relations Contacts:
Dror David, Chief Financial Officer Hayden/ MS-IR LLC

Nova Measuring Instruments Ltd. Miri Segal
Tel: +972-73-229-5760 Tel: +917-607-8654
E-mail: [email protected] E-mail: [email protected]
www.novameasuring.com Or
Brett Maas
Tel: +646-536-7331
E-mail: [email protected]
Nova Receives Repeat Order for Advanced X-Ray Solution

from a Leading Memory Customer
Solution targeted for the most advanced Flash NAND nodes
Rehovot, Israel – July 6, 2016 – Nova (Nasdaq: NVMI) today announced that ReVera, a
Nova Company and a leading provider of Materials and Film Thickness metrology solutions
for advanced process control used in semiconductor manufacturing, received a repeat order
from a leading memory manufacturer for its standalone VeraFlex III advanced X-Ray
Photoelectron Spectroscopy (XPS) metrology system. The order expands the VeraFlex III
install base at the customer’s most advanced R&D and production sites, providing thickness
and composition measurements for the most advanced flash memory cell applications.
The VeraFlex III is the third generation of the VeraFlex series of XPS systems installed in
Semiconductor front end wafer fabrication facilities globally. The new generation of tools
combine enhanced XPS capabilities with an optional unique XRF channel, and are designed
to address the increasing challenges associated with measuring complex gate structures
and ultra-thin films in the most advanced Logic and Memory nodes.
“We are excited with this vote of confidence in our X-Ray advanced solution that solidifies
the inroads we make into the most advanced memory applications,” said Glyn Davies,
ReVera President and Nova Corporate EVP. “This repeat order further strengthens our
position in this segment, specifically in advanced Flash nodes, and allows Nova to better
align its growth with the leading customer’s ambitious roadmap.”
About Nova: Nova Measuring Instruments delivers continuous innovation by providing
advanced metrology solutions for the semiconductor manufacturing industry. Deployed with
the world’s largest integrated-circuit manufacturers, Nova’s products deliver 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, supports the development and production of the most
advanced devices in today’s high-end semiconductor market. Nova’s technical innovation
and market leadership enable customers to improve process performance, enhance
products’ yields and accelerate time to market. Nova acts as a partner to semiconductor
manufacturers from its offices around the world. Additional information may be found at
www.novameasuring.com.
Nova is traded in NASDAQ & TASE under the symbol NVMI.
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 are 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 be materially different 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: our dependency on three product lines; our dependency
on a small number of large customers and small number of suppliers; the highly cyclical and competitive nature of the markets we
target and we operate in; our inability to reduce spending during a slowdown in the semiconductor industry; our ability to respond
effectively on a timely basis to rapid technological changes; our ability to recognize the benefits of ReVera acquisition and risks that
the acquisition may disrupt current plans and operations and impact relationships with customers, distributors and suppliers; our
dependency on PEMs; risks related to exclusivity obligations and non-limited liability that may be included in our commercial
agreements and arrangements; our ability to retain our competitive position despite the ongoing consolidation in our industry; risks
related to our dependence on our manufacturing facilities; risks related to changes in our order backlog; risks related to the worldwide
financial instabilities; risks related to our intellectual property; new product offerings from our competitors; unanticipated
manufacturing or supply problems; risks related to government programs we participate in; risks related to taxation; changes in
customer demand for our products; risks related to currency fluctuations, risks related to acquisitions we may pursue and risks
related to our operations in Israel. 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, 2015 filed with the Securities and Exchange Commission on February 29,
2016. These factors are updated from time to time through the filing of reports and registration statements with the Securities and
Exchange Commission. Nova Measuring Instruments Ltd. does not assume any obligation to update the forward-looking information
contained in this press release.

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Company Contact: Investor Relations Contacts:

Dror David, Chief Financial Officer Hayden/ MS-IR LLC

Nova Receives Repeat Order for Advanced X-Ray Solution

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