Wall Street PR

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) receives modeling order

Boston, MA 27/06/2013 (wallstreetpr) – Nova Measuring Instruments Ltd. which is a worldwide producer, designer and producer of control metrology design and systems and the market leader of metrology solutions to semiconductor control process market declared today that the leading manufacturer of edge memory has recently placed a very big order for the multiple software licenses of the Nova MARS 3D modeling solutions.  This order indicates the milestone in the efforts of the company to diversify the portfolio of its product towards software solutions that cater for the most complicated process challenges of the industry.

This advanced modeling software will be used both with its existing and the new models of the metrology systems. It also plays a very important role as a part of multi phase process of upgrading, with 3D Optical CD licenses, a large group of existing and new tools. An aggressive device, scaling at 1X NAND and 2X DRAM, drives the need for 3D Optical CD metrology. There is a requirement to move from solid (1D) to MLT (3D) Optical CD measurements so as to improve Advanced Process Control capabilities and reduce signal crosstalk. An enhanced version of Nova MARS, also including Nova’s Holistic Metrology approach, drives this functionality, and it will be activated on the new and existing fleets of metrology tools in the advanced lines of both NAND and DRAM. CEO-elect at Nova and Executive Vice President of Global Business, Eitan Oppenhaim, is very happy to watch the growth of the adoption of 3D Optical CD metrology in the field of process control.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) closed at $9.13 after moving up 4.47% (or $0.40) upwards. The intra-day trading of the stock ranges from $9.08 to $9.52. $247.93 million is the market capitalization of the stock. 0.055 Million shares have traded during the day which is lower than the average volume of 0.117 million.

Published by Donna Fago

I believe in writing content Informing investors with the knowledge they need to invest better today- I have been following the markets for many years and was asked to join the team at WallStreetPR.com recently due to my passion for the markets.