INNOViON Wins Contract To Provide Foundry Ion Implantation to Device Manufacturer

April 01, 2007 - San Jose, CA

INNOViON Corporation, a provider of foundry ion implant services for the micro-electronics industry, announced today it secured a term contract with one of the largest global providers of technology applications used to improve reliability, performance and safety in high volume production of medical devices, automotive components and process controls for OEM industrial markets. INNOViON will perform all of the company's ion implantation manufacturing steps under terms of the agreement, generating a revenue stream of approximately $1M in annual sales for INNOViON. Several significant new contracts projected to be awarded to this key customer later this year could augment this sales figure considerably for INNOViON.


Gary Holyoak, INNOViON President and Chief Executive Officer, states, "INNOViON was selected by this long-term client based on our capabilities and cost-effective solutions offered with foundry ion implantation. As their exclusive outsource provider for this fundamental but essential component in device production, INNOViON appreciates the confidence and trust placed with us after many years of demonstrated performance. INNOViON continues to actively move down the path of enhancing our quality offerings and infrastructure to manage and support this customer's predicted growth going forward."

About INNOViON, Inc.

INNOViON is the leading global provider of foundry ion implantation support and service to the microelectronic industry. Formed in 2001, INNOViON represents a combination of two industry leaders (Implant Center, Inc. and Ion Implant Services, Inc.), with over 25 years of experience in this specialized technology segment. INNOViON has three regional production facilities located in San Jose, CA, Gresham, OR, and Chandler, AZ. All facilities operate 7 days per week and are equipped with a broad range of tooling supporting both standard and specialty implants in diameter ranges of 2" through 200mm. All sites also offer a full range of Fab Service support, including ion source and subassembly rebuilds and miscellaneous parts cleaning for all implanter models. INNOViON is a privately-held corporation and is headquartered at 2121 Zanker Road, San Jose, California. More information about INNOViON is available on line at www.innovion.cc.