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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________________________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
December 20, 1996
Date of Report (Date of earliest event reported)
_______________________________________________________________________________
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 Identification No.)
incorporation or organization)
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 Release
IMS announces the Sale of a High Performance IMS Mixed-Signal Test Station
for Cadence's New Design Services Group.
On December 20, 1996, Integrated Measurment Systems, Inc. announced
the sale, valued at over one million dollars, of an Advanced Test
Station to the Cadence Design Services Group. This sale expands IMS'
business into the consulting services, provides access to new
customers and applications, expands Cadence Design Services'
capabilities to include testing of complex IC devices and reinforces
the strategic alliance between Cadence Design Systems and Integrated
Measurement Systems, Inc. Cadence Design Systems, Inc. owns
approximately 52% of Integrated Measurement Systems, Inc. Full text
is attached to this report as Exhibit 99a.
ITEM 6. EXHIBITS
(exhibit reference numbers refer to Item 601 of Regulation S-K)
99a. Press Release -- IMS announces the Sale of a High Performance IMS
Mixed-Signal Test Station for Cadence's New Design Services Group.
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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 December 20, 1996.
INTEGRATED MEASUREMENT SYSTEMS, INC.
(Registrant)
/s/ Sar Ramadan
-------------------------------------
Sar Ramadan
Chief Financial Officer
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EXHIBIT 99a
PRESS RELEASE
BEAVERTON, Ore.--(BUSINESS WIRE)--Dec. 20, 1996--
For Immediate Release: December 20, 1996
IMS TO PROVIDE CUSTOM-CONFIGURED ADVANCED TEST STATION TO
CADENCE DESIGN SERVICES.
IMS TEST STATION WILL EXPAND CADENCE DESIGN SERVICES CAPABILITIES
IN THE DESIGN AND TEST OF COMPLEX IC DEVICES.
Beaverton, Oregon --December 20, 1996-- Integrated Measurement Systems, Inc.
(NASDAQ: IMSC) today announced the sale, valued at over one million dollars,
of an Advanced Test Station to the Cadence Design Services Group (NYSE: CDN).
To meet Cadence's diverse testing needs, the IMS Advanced Test Station is
specially configured to test a wide variety of digital, analog and
mixed-signal devices.
First Service-Oriented Sale.
The sale is IMS' first service-oriented sale and marks a higher level of
cooperation between the two companies in the design services area. Designed
to support a growing list of client companies developing leading edge ICs,
use of the IMS Test Station by Cadence builds upon and expands each
companies' expertise in providing design and test services.
Device Testing From Design To Failure Analysis.
The high-speed, high-performance IMS Advanced Test Station will offer a
flexible range of test capabilities: From design debug and validation of
first-silicon prototypes to characterization of first production devices and
failure analysis.
Broad Range of Applications.
The IMS Advanced Test Station provides Cadence with a wide range of
application flexibility, including data and telecommunications, DSPs,
microprocessors and microcontrollers, multimedia, audio and video, converters
and filters. The initial device planned for testing will be a fiber channel
transceiver for datacommunications.
Cadence Diversifying Engineering Services.
Cadence offers a range of IC and system design services both at the
customer's own site, and through its innovative Design Factory(sm) network.
The new IMS Advanced Test Station provides Cadence with the capability to
test complex, leading-edge device designs, bringing these products to market
faster and more cost-effectively.
IMS Offers Totally Integrated System Solution.
The IMS Advanced Test Station is a totally integrated system solution,
combining IMS' latest digital and mixed-signal testing hardware with a suite
of tightly integrated test software tools. The Test Station offers frequency
ranges from DC to 10 Ghz and is equipped with 192 digital channels and 64
analog channels with the capability to test across the full range of IC
development.
____________________________________________
About IMS.
Integrated Measurement Systems, Inc. (IMSC), is the recognized 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 three years, IMS has been rated #1 in VLSI's 10 BEST
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Customer Satisfaction Survey of Test and Material Handling Equipment
Companies. 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 at www.ims.com.
About Cadence Design Services
Cadence design and consulting services -- a powerful pairing of unequaled
expertise with the EDA industry's latest technology -- gives customers a
distinct competitive edge by improving time to market, quality and
productivity.
About Cadence Design Systems, Inc.
Cadence provides comprehensive services and technology for the product
development requirements of the world's leading electronics companies.
Cadence is the largest supplier of software tools and professional services
used to accelerate and manage the design of semiconductors, computer systems,
networking and telecommunications equipment, consumer electronics, and a
variety of other electronic-based products. With more than 3,000 employees
and annual sales in excess of a half-billion dollars, Cadence has sales
offices and research facilities around the world. The company is
headquartered in San Jose, Calif. and traded on the New York Stock Exchange
under the symbol CDN. More information about the company and its products and
services may be obtained from the World Wide Web at http://www.cadence.com.
