INTEGRATED MEASUREMENT SYSTEMS INC /OR/
8-K, 1998-01-06
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS
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<PAGE>
                                          
                  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
                                          



October 28, 1997
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         (zip code)
officers)                

REGISTRANT'S TELEPHONE NUMBER, 
INCLUDING AREA CODE:                    (503) 626-7117

________________________________________________________________________________

<PAGE>

ITEM 5.  OTHER EVENTS
     
     Press Releases
     
     HP and IMS Virtual Test Division Announce Software Tools That Bridge the
     Gap Between MCU Design and Test
          On October 28, 1997, Hewlett-Packard Company and Integrated
          Measurements Systems Virtual Test Division announced that IMS'
          TestDirect(TM) pattern generator and Digital VirtualTester(TM) pattern
          debugger will support HP's 83000 MCU series microcontroller test
          systems, helping to speed the test process and shortening time to
          market.  Full text is attached to this report as Exhibit 99a.
     
     IMS Introduces TurboSTIL, Industry's First Standard Test Interface Language
     Writer for Easy Data Transfer Between EDA and ATE Environments
          On November 3, 1997, Integrated Measurement Systems Virtual Test
          Division introduced TurboSTIL.  Full text is attached to this report
          as Exhibit 99b.
     
     IMS' Digital VirtualTester Wins Best in Test Award from Test and
     Measurement World; Award Reflects IMS' Virtual Test Division's Leadership
     Role in Virtual Test Technology.
          On December 15, 1997, Integrated Measurement Systems, Inc. announced
          that Digital VirtualTester(TM) has been named a 1997 Best in Test
          Award winner by Test & Measurement World magazine.  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 -- HP and IMS Virtual Test Division Announce Software
          Tools That Bridge the Gap Between MCU Design and Test.

     99b. Press Release -- IMS Introduces TurboSTIL, Industry's First Standard
          Test Interface Language Writer for Easy Data Transfer Between EDA and
          ATE Environments

     99c. Press Release -- IMS' Digital VirtualTester Wins Best in Test Award
          from Test and Measurement World; Award Reflects IMS' Virtual Test
          Division's Leadership Role in Virtual Test Technology.

<PAGE>

                                      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 January 6, 1998.

                              INTEGRATED MEASUREMENT SYSTEMS, INC.    
                              (Registrant)

                              /s/   Sar Ramadan
                              -------------------------------------
                              Sar Ramadan
                              Chief Financial Officer

<PAGE>
                                                                     EXHIBIT 99a
                                                                                
                                                                   PRESS RELEASE

        HP AND IMS VIRTUAL TEST DIVISION ANNOUNCE SOFTWARE TOOLS THAT BRIDGE 
                         THE GAP BETWEEN MCU DESIGN AND TEST
    
BEAVERTON, Ore.--(BUSINESS WIRE)--Oct. 28, 1997-- 

      FAST VERIFICATION OF PATTERNS AND TIMING PRIOR TO FIRST SILICON SHORTENS 
                                    TIME TO MARKET

Hewlett-Packard Company (HP) and Integrated Measurements Systems (NASDAQ: 
IMSC) Virtual Test Division today announce that IMS' TestDirect(TM) pattern 
generator and Digital VirtualTester(TM) pattern debugger will support HP's 
83000 MCU series microcontroller test systems, helping to speed the test 
process and shortening time to market.  

TestDirect provides test engineers with an automatic tool for generating
automated test equipment (ATE) test patterns from a designer's original
testbench simulation environment.  This process shortens the IC
product-development cycle, reducing cost of test and improving time to market.  

"IMS' TestDirect, combined with Digital VirtualTester, will provide our 
customers with a complete pattern-generation and off-line debug solution," 
said John Scruggs, HP vice president and general manager of HP's Automated 
Test Group.  "This can shorten time to market by helping customers verify 
that patterns and timing are correct prior to first silicon."  

"TestDirect is designed for customers who need a digital test-pattern solution
that is fast, direct and accurate, and one that does not require a
design-methodology change," said Dave Brinker, general manger of IMS Virtual
Test Division.  "Because TestDirect automatically generates test patterns from
the original simulation environment, it simplifies the IC-test-generation
process significantly, saving time and improving quality."  

The Digital VirtualTester is the first automated test productivity tool to
provide a high-quality, cost-effective way to verify and debug IC test patterns
and timing on engineering workstations without having to wait until first
silicon and without using valuable ATE time.  Harnessing the power of electronic
design automation (EDA) simulation and proprietary ATE data, the Digital
VirtualTester can save months in time-to-market costs by allowing engineers to
perform IC test development prior to silicon fabrication in a fault-free,
virtual test environment.  

The newest addition to HP's successful semiconductor-test-system family, the HP
83000 MCU series, tests a full range of microcontrollers and embedded
controllers.  With this third-generation test system, HP brings gigabit
technology to low-cost microcontroller testing at less than $2,000 (U.S.) per
test channel, meeting the Sematech roadmap for digital-test-system
price/performance.  

HP's new test-system interface-language architecture shares many concepts 
with Standard Test Interface Language (STIL).  This supports easy bridging 
between the HP 83000 MCU series and TestDirect's STIL writer.  With 
TestDirect, IMS Virtual Test Division has taken a leadership role in 
technology by introducing and shipping the first STIL writer in the industry 
that translates Verilog and VHDL test benches into a STIL-compliant output.  
   
U.S. PRICING AND AVAILABILITY 
   
TestDirect and Digital VirtualTester for the HP 83000 MCU series start at
$30,000 and $50,000, respectively, and are expected to be available in the
second quarter of 1998.  
   
ABOUT IMS 
   
IMS Virtual Test Division is a worldwide leader in Virtual Test Solutions,
providing cost-effective software products and consulting services to reduce the
time required to test and verify complex electronic circuits.  

<PAGE>

Information about IMS Virtual Test Division and its products can be found on the
World Wide Web at http://www.virtualtest.com.  
   
ABOUT HP 
   
Hewlett-Packard Company is a leading global provider of computing, Internet and
intranet solutions, services, communications products and measurement solutions,
all of which are recognized for excellence in quality and support.  HP has
120,500 employees and had revenue of $38.4 billion in its 1996 fiscal year. 
More information on HP's semiconductor test solutions can be found at
http://www.hp.com/go/semiconductor.


<PAGE>

                                                                     EXHIBIT 99b
                                                                                
                                                                   PRESS RELEASE

      IMS INTRODUCES TURBOSTIL, INDUSTRY'S FIRST STANDARD TEST INTERFACE
    LANGUAGE WRITER FOR EASY DATA TRANSFER BETWEEN EDA AND ATE ENVIRONMENTS

Washington--(BUSINESS WIRE)--Nov. 3, 1997--

The Virtual Test Division of Integrated Measurement Systems, Inc. (IMS) today
introduced TurboSTIL.  

The product is the industry's first Standard Test Interface Language (STIL)
writer that supports the proposed IEEE T1450 standard and provides
STIL-compliant vector generation from Verilog and VHDL test benches.  TurboSTIL,
like other members of IMS' TurboBridge(TM) family, works in conjunction with
TestDirect(TM) to provide extremely rapid test-vector generation rates of over
1,000,000 vectors per hour on Windows NT and UNIX workstations.  TurboSTIL joins
IMS' family of Virtual Test products including TestDirect, TurboBridge and
Digital VirtualTester(TM).  

"Until now, engineers have had to work with incompatible input and output
software interfaces between EDA tools and proprietary ATE," said Steve Morris,
director of marketing for IMS' Virtual Test Division.  "Many third-party support
environments have tried to help solve this issue, but have not kept pace with
the test requirements of VLSI devices and the massive amounts of test data
generated.  TurboSTIL allows large volumes of digital test data to be easily
transferred between the EDA and ATE environments using one language.  IMS
supports the STIL standard and will continue to partner with ATE vendors to help
ensure that STIL technology becomes widely available."  

THE STIL STANDARD

IEEE T1450 is expected to be approved at the end of 1997.  Originally developed
by an ad hoc consortium of test equipment vendors, EDA and CAD vendors, and IC
manufacturers, STIL addresses the lack of a common solution for transferring
large volumes of digital test information from EDA environments to ATE
environments.  The definition of the STIL standard will be beneficial to the EDA
vendors creating the device data, the IC vendors who must support and manipulate
this data, and the ATE vendors who must accept this data.  STIL will also serve
as a foundation for the development of a set of standard third-party interface
tools.  

TURBOSTIL SUPPORTS THE NEW STANDARD

IMS is committed to supporting industry standards -- TestDirect already supports
Verilog and VHDL, the two industry-standard simulation languages.  As STIL
approaches approval as an IEEE standard, supporting STIL output with TestDirect
is a natural step for IMS.  The IMS Virtual Test Division is committed to
working with all ATE vendors to provide industry-wide support.  Currently, IMS
is working closely with LTX and HP to ensure that a complete, compatible STIL
solution is available to LTX Delta and HP 83000 users.  

PRICING AND AVAILABILITY

TurboSTIL is $40,000 for a floating license on Solaris, HP and Windows NT
systems and will be available beginning Dec. 31, 1997.

ABOUT IMS' VIRTUAL TEST DIVISION

IMS' (NASDAQ: IMSC) Virtual Test Division is a worldwide leader in Virtual Test
software solutions, providing cost-effective products and consulting services to
improve design-to-test productivity.  Information about IMS' Virtual Test
Division and its products can be found on the World Wide Web at
http://www.virtualtest.com.  For more information, contact IMS' Virtual Test
Division at 9525 S.W.  Gemini Drive, Beaverton, OR, 97008; or call 503/626-7117
or 800/879-7117.  

<PAGE>

TurboBridge, TestDirect and Digital VirtualTester are trademarks of Integrated
Measurement Systems, Inc.  All other trade names referenced are the service
marks, trademarks or registered trademarks of their respective companies.

<PAGE>

                                                                           
                                                                 EXHIBIT 99c

                                                               PRESS RELEASE

  IMS' DIGITAL VIRTUALTESTER WINS BEST IN TEST AWARD FROM TEST AND MEASUREMENT
  WORLD; AWARD REFLECTS IMS' VIRTUAL TEST DIVISION'S LEADERSHIP ROLE IN VIRTUAL
                                TEST TECHNOLOGY

BEAVERTON, Ore.--(BUSINESS WIRE)--Dec. 15, 1997--

The Virtual Test Division of Integrated Measurement Systems, Inc. (IMS) (NASDAQ:
IMSC) today announced that Digital VirtualTester(tm) has been named a 1997 Best
in Test Award winner by Test & Measurement World magazine.

Digital VirtualTester, introduced in July 1997, is the first automated test
productivity software tool to provide test engineers with virtual desktop
automated test equipment (ATE) to verify and debug IC test patterns and timing
on engineering workstations rather than ATE. The easy-to-use $50,000 software
system can save months in time-to-market costs by allowing engineers to perform
IC test development in a fault-free virtual test environment prior to silicon
fabrication. 

"We are extremely gratified to be honored by Test & Measurement World. This
award validates the significant technological advances made by our growing line
of virtual test products," said David Brinker, IMS' Virtual Test Division
general manager. "I am very proud of our team." 

The Best in Test Awards are presented annually by the editors of Test &
Measurement World to honor important new products in the electronics test and
measurement industry. In 1997, the editors of Test & Measurement World selected
11 product winners. Readers of the magazine have the opportunity to vote for the
one product that will be named Test Product of the Year. This honor will be
presented at the Nepcon West show in Anaheim, Calif., March 1-5, 1998. Winners
of the Best in Test Awards can be seen on the publication's Web site at
www.tmworld.com. 

ABOUT IMS

IMS is a recognized world leader in the manufacture, sales and service of a
diverse, quality product line of engineering Test Stations and Virtual Test
Software which provide cost-effective solutions to reduce the time required to
test and verify complex electronic circuits. For the past four years, IMS has
been rated the #1 test company in VLSI Research's 10 BEST Customer Satisfaction
Survey of Test and Material Handling Equipment Suppliers. 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 sites at www.virtualtest.com and
at www.ims.com.


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