28.07.2008 12:00:00

Dr. Michael Russak, Hard Drive Industry Veteran, Joins Intevac as EVP of Equipment Business

Intevac, Inc. (Nasdaq:IVAC) announced today the appointment of Michael A. Russak, Ph. D, to the position of Executive Vice President of Business Development for Intevac's Equipment Business, effective immediately. "I am extremely pleased that Mike is joining us. With his long and distinguished career in the hard drive industry, Mike's contribution will be significant to our company," said Kevin Fairbairn, president and chief executive officer. "Mike's extensive experience gives him a deep understanding of the technology and operational needs of the hard drive market. His proven leadership skills will enhance our capability to meet our customers’ needs.” Dr. Russak brings more than 30 years of experience to his new position with Intevac. In October 2000, following Komag’s merger with HMT Technology, he became President and Chief Technical Officer of Komag. In this position, Mike was responsible for Komag’s business and technical direction. In 2007, Komag was acquired by Western Digital Corporation. At HMT, Dr. Russak served as Vice President of Research and Development from August 1993. Previously, Mike held management positions in the Research Division of IBM Corporation. Prior to IBM, Dr. Russak worked for Grumman Aerospace Corporation as a contributing scientist, and was involved in several material science-related projects, including the re-entry heat shield for NASA’s space shuttle. Dr. Russak has published over 90 technical papers and holds 22 patents. He also served as Executive Director of IDEMA U.S. in 2007, and was a member of the U.S. Board of Directors from 1999 to 2006. Dr. Russak holds a B.S. in Ceramic Engineering and a Ph. D in Materials Science from Rutgers University. About Intevac Intevac was founded in 1991 and has two businesses: Equipment and Intevac Photonics. Equipment Business: We are a leader in the design, manufacture and marketing of high-productivity lean manufacturing systems and have been producing Lean Thinking platforms since 1994. We are the leading supplier of magnetic media sputtering equipment to the hard disk drive industry and offer advanced etch technology systems to the semiconductor industry. Intevac Photonics: We are a leader in the development of leading edge, high-sensitivity imaging products, vision systems and miniature Raman instruments. Markets addressed include military, industrial, physical science and life science. For more information call 408-986-9888, or visit the company's website at www.intevac.com.

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