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Nova Modifies Its Name to Match Long-Term StrategyREHOVOT, Israel, Aug. 2, 2021 /PRNewswire/ -- Nova (Nasdaq: NVMI), announced today that it changed its legal name from c to Nova. Following the company expansion driven by several growth engines, the Company believes the previous name no longer represents its technology portfolio and diversified offerings. The Company is retaining its NVMI ticker symbol and its Process Insight® tagline. "We recently announced our NOVA500 strategic plan to organically grow our annual revenue to more than $500 million," said Eitan Oppenhaim, Nova's President and CEO. "As we continue our journey towards realizing this plan, based on our unique and differentiated portfolio that combines several technologies as well as an evolving integration of hardware and software, we believe our new company name expresses better our evolving identity and diversified growth ambitions." About Nova: Nova is a leading innovator and key provider of metrology solutions for advanced process control used in semiconductor manufacturing. Nova delivers continuous innovation by providing 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, provides its customers with deep insight into the development and production of the most advanced semiconductor devices. Nova's unique capability to deliver innovative X-ray and optical solutions enable its customers to improve performance, enhance product 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 https://www.novami.com/. Nova is traded on NASDAQ & TASE under the symbol NVMI. Forward looking statement: Company Contact: Investor Relations Contact: Dror David, Chief Financial Officer Miri Segal Nova Ltd. MS-IR LLC Tel: +972-73-229-5760 Tel: +917-607-8654 E-mail: [email protected] E-mail: [email protected] View original content:https://www.prnewswire.com/news-releases/nova-modifies-its-name-to-match-long-term-strategy-301345953.html SOURCE Nova |