Jordan Valley Semiconductors Announces 10% year-to-year growth 2009
The Company surpassed its 2009 financial plan, managing to stay in the black with 10% year-to-year growth, rather than an anticipated 8% loss.
These positive results were generated, despite the difficult market conditions, by technology buys and repeat orders for the company's flagship product - the JVX6200(TM) multi-channel metrology tools for FEOL, BEOL and Wafer-level Packaging (WLP) applications.
During 2009, JVS also completed development of three new products, which were successfully launched. The JVX7200(TM), a revolutionary tool designed for challenging SiGe process monitoring, is the first ever production-worthy tool combining HRXRD and XRR technology for strain, composition, and thickness measurement of SiGe stacks - a critical element of the sub 45 nm technology nodes. The second product, the JVX6200(TM)RD, enables high-level Silicide and metal quality control, based on fast WAXRD technology. The third product, QC3(TM), which is based on well-established diffractometery technology, is a powerful quality control solution for the emerging HB-LED market.
Isaac Mazor, CEO of JVS, said: "Although 2009 was the company's most challenging year, we forged ahead with enhancement of our product line while practicing caution and control on cash management, in order to provide the semiconductor and HB-LED industries with more powerful metrology solutions. As of Q1 2010, we are already realizing rewards from this strategy."
About Jordan Valley Semiconductors Ltd. (http://www.jvsemi.com ) Jordan Valley Semiconductors Ltd. (JVS), the leader in X-ray metrology solutions for advanced semiconductor fabs, develops and supplies superior metrology equipment for quality control of thin films based on rapid, non-contacting and non-destructive X-ray technology. The company offers the Semiconductor Industry the most comprehensive array of tools, based on advanced XRR, XRF, HRXRD, WAXRD and SAXS technologies, ideal for both product or blanket wafers. For the compound semiconductors industries, JVS offers fast and economic HRXRD tools for high-brightness LED (HB-LED) manufacturing. Jordan Valley's investors include Clal Industries and Investments Ltd. (TASE: CII), Intel Capital ( INTC) and Elron Electronics Industries Ltd. ( ELRN). With headquarters in Migdal Haemek Israel, the company has offices in Durham United Kingdom and Austin Texas USA, as well as representatives worldwide.
