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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITITES EXCHANGE ACT OF 1934
July 15, 1996
Date of Report (Date of earliest event reported)
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INTEGRATED MEASUREMENT SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
OREGON 93-0840631
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
Commission File No. 0-26274
9525 S.W. GEMINI DRIVE, BEAVERTON OR 97008
(Address of principal executive officers) (zip code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (503) 626-7117
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ITEM 5. OTHER EVENTS
Press Releases
Integrated Measurement Systems and LTX Announce Development and
Distribution Partnership for Synchro Virtual Test Products
On July 16, 1996, Integrated Measurement Systems, Inc. and LTX
announced an OEM and joint R&D agreement. Under the non-exclusive
distribution agreement, IMS will distribute LTX's Synchro Models
Toolbox and Device Tool software products. Also, under this agreement,
IMS will help develop portions of the Synchro Models Toolbox. IMS and
LTX will work together to integrate IMS's Dantes-TM-, and Device Tool
and Synchro Models Toolbox products. Full text is attached to this
report as Exhibit 99a.
IMS Features New Multimedia Mixed-Signal Test Station at SEMICON/West
On July 15, 1996, Integrated Measurement Systems, Inc. announced their
new multimedia mixed-signal, MTS-TM-Test Station for verifying and
characterizing high-speed components used in multimedia applications.
Full text is attached to this report as Exhibit 99b.
VLSI Research Inc 10 BEST Award for Test and Material Handling Equipment
customer satisfaction.
On July 16, 1996, Integrated Measurement Systems, Inc. announced that,
for the fourth consecutive year, it has received the VLSI Research Inc
10 BEST Award for Test and Material Handling Equipment award in
customer satisfaction. Full text is attached to this report as
Exhibit 99c.
ITEM 6. EXHIBITS
(exhibit reference numbers refer to Item 601 of Regulation S-K)
99a. Press Release -- Integrated Measurement Systems and LTX Announce
Development and Distribution Partnership for Synchro Virtual Test
Products
99b. Press Release -- IMS Features New Multimedia Mixed-Signal Test Station
at SEMICON/West
99c. Press Release -- VLSI Research Inc 10 BEST Award for Test and Material
Handling Equipment customer satisfaction
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized on August 13, 1996.
INTEGRATED MEASUREMENT SYSTEMS, INC.
(Registrant)
/s/
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Sar Ramadan
Chief Financial Officer
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EXHIBIT 99a
PRESS RELEASE
Editorial Contact:
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Steve Morris Ed Paulsen
Integrated Measurement Systems, Inc. LTX Corporation
(503) 626-7117 (617) 467-5041
Carol Hilden
Creative Marketing Communications
(503) 591-9707
INTEGRATED MEASUREMENT SYSTEMS AND LTX ANNOUNCE DEVELOPMENT AND DISTRIBUTION
PARTNERSHIP FOR SYNCHRO VIRTUAL TEST PRODUCTS
IMS AND LTX SYNCHRO VIRTUAL TEST SOFTWARE OFFERS COMPLETE, GRAPHICAL-BASED
TEST DEVELOPMENT AND DEBUG ENVIRONMENT
Portland, Oregon -- July 16, 1996 -- Integrated Measurement Systems, Inc.
(Nasdaq: IMSC) and LTX announced today an OEM and joint R&D agreement. Under
the non-exclusive distribution agreement, IMS will distribute LTX's Synchro
Models Toolbox and Device Tool software products. Also, under this agreement,
IMS will help develop portions of the Synchro Models Toolbox. IMS and LTX will
work together to integrate IMS's Dantes-TM-, and Device Tool and Synchro Models
Toolbox products. With the availability of Models Toolbox, Synchro customers now
have the ability to quickly and easily develop and debug their test programs,
off-line, for faster time-to-market in either the Device Tool or the Dantes
environment.
Synchro customers can capture, simulate and document test schematics with
Dantes, and then transparently move to the Device Tool environment to use the
integration it offers with the LTX programming environment for final program
debug. To ensure a consistent, compatible environment, Dantes uses the same
schematic symbols and templates as Device Tool. Dantes and Device Tool support
use of the Synchro Models Toolbox for test simulation. Device Tool provides the
graphical representations of the instruments, intelligent instrument programming
control panels, and a real-time bi-directional connection to the Synchro test
program debug environment. Device Tool gives the test engineer a graphical
programming interface and tester view that is consistent through all phases of
test development, from test simulation to on-line test program debug. The
Synchro Models Toolbox provides a library of behavioral tester instruments
models based on the Spectra/Verilog mixed-signal simulator. Implementing the
models in HDL rather than Spice, allows extremely quick simulation times to be
achieved while maintaining an accurate representation of the real test
instrumentation functionality. The end result is a Virtual Test environment for
the Synchro that allows real test program debug.
Ed Paulsen, Product Manager at LTX states, "The barriers that have held
back Virtual Test are coming down. Advances in mixed-signal behavioral
simulation technology have made it possible to simulate complex mixed-signal
tests in a Virtual Test environment. We see Virtual Test tools having a
tremendous impact on time to volume, especially in growing markets like super
smart power. Working with IMS, as one of our Synchro Models Toolbox development
partners, has allowed us to combine their experience with the Cadence simulation
tools with our knowledge of mixed-signal test development. This OEM agreement
extends this relationship by allowing IMS to sell and support our Device Tool
and Synchro Models Toolbox products, along with Dantes and Cadence Design
System's EDA tools. I believe that our combined development and support
resources will enable us to successfully support our customers in meeting their
time to volume objectives."
Dantes, a test design and verification environment which supports test,
capture, modeling, rule-checking, simulation, ATE code generation, fixture
design, and documentation for mixed-signal test, reduces test development time
and maximizes tester utilization.
Steve Morris, Director of Marketing for the Test Software Division of
IMS, commented, "Complex circuits used in markets such as telecommunications
and multimedia, present manufacturers of these devices with the ever
increasing challenge of improving test development productivity and reducing
the time-to-market. By integrating Dantes and Device Tools, Synchro customers
can use the Dantes simulation-view mechanisms to
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develop an understanding of how their devices should be tested and use Device
Tool to debug the test in the Synchro programming environment. They will
realize a marked improvement in their engineering test productivity, with
reduced test development and debug time."
LTX Synchro Test System is designed for high throughput testing of
complex, mixed-signal devices. The Synchro series consists of the Synchro
Plus, Synchro II, and the Synchro ProductionPAC test systems.
AVAILABILITY. The Device Tool Add-on (requires Composer to provide full Device
Tool capability) is available immediately. The Synchro Models Toolbox is being
used in several pilot programs and is expected to be available in production in
early 1997.
Integrated Measurement Systems, Inc. (IMS), is the worldwide leader in
Engineering Test Stations and Virtual Test Software, providing cost-effective
solutions to reduce the time required to test and verify complex electronic
circuits. In 1994 and 1995, IMS was rated the #1 quality Supplier of Test and
Material Handling Equipment in the VLSI Research Customer Survey. IMS is listed
on the Nasdaq National Market under the symbol IMSC. For more information,
contact IMS at 9525 S.W. Gemini Drive, Beaverton, OR 97008. Telephone: (503)
626-7117 or (800) 879-7117. Visit our Web Site: www.ims.com.
LTX Corporation is a supplier of digital, linear, mixed-sign and discrete
semiconductor test equipment. The Company has development and manufacturing
facilities in Westwood, Massachusetts and San Jose, California, and worldwide
sales and service facilities to support its customer base. The Company has a
site on the world wide web at http://www.ltx.com.
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EXHIBIT 99b
PRESS RELEASE
For more information contact:
Jon Turino
Integrated Measurement Systems, Inc.
(503) 626-7117
David Eastman Carol Hilden
Integrated Measurement Systems, Inc. Creative Marketing Communications
(503) 626-7117 (503) 591-9707
For Release: July 15, 1996
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IMS FEATURES NEW MULTIMEDIA MIXED-SIGNAL TEST STATION
AT SEMICON/WEST
FULLY INTEGRATED TEST STATION OPTIMIZED FOR ENGINEERING DEBUG,
CHARACTERIZATION AND TEST OF HIGH-SPEED MULTIMEDIA DEVICES
SEMICON/West -- July 15, 1996 -- Integrated Measurement Systems, Inc. (IMSC)
today announced their new multimedia mixed-signal, MTS-TM-Test Station for
verifying and characterizing high-speed components used in multimedia
applications. This multimedia configuration, available in the MTS Blazer-TM-
and the MTS FT Test Stations (introduced at ITC in October 1995), offers test
engineers the measurement performance of an ATE system at less than half the
cost.
This application-specific configured Test Station will be shown for the first
time at SEMICON/West in San Francisco, testing components commonly used in
multimedia applications -- an 18-bit A/D converter, a 16-bit sigma/delta
converter, an 8-bit RAMDAC and an MPEG decoder.
"This multimedia configuration of the MTS Test Station is another step in the
company's long-term strategy of building a complete suite of
application-specific Test Stations that provide test solutions with the
highest performance and flexibility, at the lowest cost of ownership,"
comments Mike Kondrat, Director of Test Station Marketing at IMS.
UNMATCHED PERFORMANCE. The multimedia mixed-signal MTS Test Station consists
of the IMS high-performance digital testing capability, tightly integrated
with a complement of standard analog instrumentation, including arbitrary
waveform generation and waveform digitization for testing components most
often used in multimedia applications. The MTS Test Stations can be
configured for up to 200 MHz digital data rates, with up to 512 pins,
including 64 analog channels with bandwidth greater than 1.4 GHz bandwidth.
A wide range of speed and memory depths are available and an incorporated
Digital Signal Processing (DSP) library allows users to make a broad range of
measurements, including signal-to-noise, distortion and linearity. Critical
path timing analysis is available in the MTS FT Test Station -- significantly
reducing the time it takes to understand critical timing issues and perform
timing characterization.
TIGHTLY INTEGRATED TEST PERFORMANCE. In the multimedia mixed-signal MTS Test
Station, all mixed-signal resources are integrated into the same programming
tool set for a flexible and easy-to-use interface. IMS TestVIEW(tm), an
interactive graphical test programming language, running in the IMS
TestEnvironment, combine pattern translation and development; program
development and debug; and interactive device verification for improved
engineering productivity.
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PRICE AND AVAILABILITY. The multimedia mixed-signal MTS Test Station is
priced under $250,000 (US) for a typically configured system and is orderable
now, with delivery 16 weeks ARO.
Integrated Measurement Systems, Inc. (IMSC), is the worldwide leader in
Engineering Test Stations and Virtual Test Software, providing cost-effective
solutions to reduce the time required to test and verify complex electronic
circuits. For the past four years, IMS has rated in the 10 BEST supplier of
Test and Material Handling Equipment in the VLSI Research Customer Survey.
IMS is listed on the Nasdaq National Market under the symbol IMSC. For more
information, contact IMS at 9525 S.W. Gemini Drive, Beaverton, Oregon 97008.
Telephone (503) 626-7117 or (800) 879-7117. Or visit our Web Site: www.ims.com
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EXHIBIT 99c
PRESS RELEASE
For more information, contact:
David Eastman Carol Hilden
Integrated Measurement Systems, Inc. Creative Marketing Communications
(503) 626-7117 (503) 591-9707
For Immediate Release
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San Francisco, CA, July 16, 1996 -- Integrated Measurement Systems, Inc.
(IMSC) today announced that, for the fourth consecutive year, it has received
the VLSI Research Inc 10 BEST Award for Test and Material Handling Equipment
award in customer satisfaction. These awards are presented annually to
semiconductor manufacturing equipment suppliers who achieve overall
excellence in ratings by their customers.
Jerry Hutcheson, CEO of VLSI Research, congratulated IMS for continuing
to be among the top ranked suppliers - #1 in test, and for building strong
customer relationships, meeting customer needs and striving for continuous
customer satisfaction.
In his acceptance of this prestigious award, Keith Barnes, president of
IMS, said, "We are extremely pleased with the support and response of our
customers. The VLSI annual Customer Satisfaction Survey provides a unbiased
forum for our customers to rate us in several categories. We believe this
information will help us to continually improve our productivity, quality and
commitment to 100 percent customer satisfaction."
ABOUT THE CUSTOMER SATISFACTION SURVEY
THE RATINGS: The 10 BEST awards have presented by VLSI Research for the past
eight years. For 1995, there were four categories of awards: Process
Equipment, Test & Material Handling Equipment, Process Diagnostic Equipment,
and Assembly & Specialty Equipment. Here is data about the award winners in
the Test & Material Handling Equipment category:
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RATING ON A 10 BEST
COMPANY SCALE OF 10 APPEARANCES
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Aseco Corporation 8.31 ******
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Karl Suss 8.02 ***
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>>>INTEGRATED MEASUREMENT SYSTEMS, INC. 7.82 ****
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Electroglas, Inc. 7.77 *****
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>>>TERADYNE, INC. 7.73 *******
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Tokyo Seimitsu Co., Ltd. 7.71 *
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>>>ADVANTEST 7.70 *******
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>>>CREDENCE SYSTEMS CORPORATION 7.58 **
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>>>SCHLUMBERGER ATE 7.49 *****
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Tokyo Electron Limited 7.48 ***
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>>> = Test Companies
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THE METHODOLOGY: In compiling data for these awards, VLSI Research sent out
more than 54,000 questionnaires in six languages to semiconductor companies
in all areas of the world. Users of semiconductor capital equipment were
asked to rate their suppliers in eight categories which exemplify a
supplier's relationship with its customers. These eight categories include
three measures of equipment performance and five measures of customer
service. Product performance, uptime, and quality of results are the
equipment performance measures. Customer service measures include process
support, software support, technical leadership, service after sales, and the
vendor's overall commitment to support its customers' needs. More than 6,000
evaluations of each of these eight categories, accruing to a grand total in
excess of 49,000 individual ratings of companies, were returned and used in
compiling these results. Demographic distribution of the returns was 50.9%
from North America, 14.8% from Japan, 12.8% from Europe, 11.7% from Korea,
9.2% from elsewhere in Asia, and 0.6% from other areas of the world.
BACKGROUND
Integrated Measurement Systems, Inc. (IMSC), is the worldwide leader in
Engineering Test Stations and Virtual Test Software, providing cost-effective
solutions to reduce the time required to test and verify complex electronic
circuits. In 1994 and 1995, IMS was rated the #1 quality Supplier of Test and
Material Handling Equipment in the VLSI Research Customer Survey. IMS is
listed on the Nasdaq National Market under the symbol IMSC. For more
information, contact IMS at 9525 S.W. Gemini Drive, Beaverton, OR 97008.
Telephone: (503) 626-7117 or (800) 879-7117. Or visit our Web Site: www.ims.com
VLSI Research Inc., a market research company located in Silicon Valley,
is generally recognized as the leading company covering semiconductor
manufacturing equipment. It was founded in 1976, and has performed these
annual surveys of customer satisfaction for the past eight years. The
principal purpose in performing the surveys is to provide a report card on
individual suppliers in order to promote improved customer relationships and
to identify those issues and trends which are most sensitive to customers'
needs.
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VLSI RESEARCH INC. PRODUCES SUBSCRIPTION SERVICES COVERING THE HIGH
TECHNOLOGY ELECTRONICS INDUSTRY. SERVICES OFFERED INCLUDE THE INDUSTRY PULSE,
THE MEMORY BANK, EMERGING ICS, AND THE VLSI MANUFACTURING OUTLOOK.
THE COMPANY IS AN AUTHORITATIVE SOURCE FOR INFORMATION ON TRENDS AND
ISSUES IN THE HIGH TECHNOLOGY ELECTRONICS INDUSTRY IN GENERAL AND IN THE
SEMICONDUCTOR INDUSTRY IN PARTICULAR.
MEDIA INQUIRIES ARE INVITED. CALL (408) 453-8844, FAX (408) 437-0608, OR
WRITE: VLSI RESEARCH INC., 1754 TECHNOLOGY DRIVE, SUITE 117, SAN JOSE, CA
95110.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Integrated Measurement Systems, Inc.
(Registrant)
June 26, 1996 By
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Sar Ramadan
Chief Financial Officer
