SVTC Announces Launch of ITAR Compliant Services for Defense Programs
ITAR allows SVTC to provide semiconductor development and production services to Defense Industry contractors
San Jose, CA (April 27, 2010) - SVTC Technologies, the leading commercialization service provider for new, emerging silicon-based technologies in areas such as CMOS, MEMS, photovoltaics and other related nanotechnologies, is pleased to announce that it is now offering ITAR compliant development and manufacturing services, allowing customers to develop process technologies and manufacture products with potential defense applications. ITAR, the International Traffic in Arms Regulations, regulates the manufacture, export, and transfer of defense-related articles, information, and services, and is under the direct oversight of the U.S. Department of State. ITAR-compliant facilities and practices are a requirement for participation in many defense-related manufacturing and development programs.
By establishing
ITAR compliance and registration with the Department of State, SVTC can now
offer development and manufacturing services to a much broader range of
companies, including those with efforts in defense-related programs. This represents a new class of services for
SVTC and is a direct extension of their long-time business offering IP-secure
development services.
"This
registration positions SVTC to further service the defense market. Coupling
ITAR security with our significant commitment and expertise in developing advanced
technologies enables us to more
effectively address the needs of our aerospace, defense, and military customers,
in addition to other markets we currently serve," said Dave Anderson, Vice
President of Corporate Development. "Since companies developing ITAR-controlled
products and technologies can only work in ITAR-compliant facilities, SVTC's
ITAR registration will greatly increase our opportunity to provide services to
defense-related systems and component developers."
About SVTC
SVTC Technologies provides development and commercialization services for innovative semiconductor process-based technologies and products, cost-effectively and in an IP-secure manner. Through facilities in San Jose, California, and Austin, Texas, SVTC serves customers in rapidly growing markets such as novel memory, novel transistors, logic, MEMS, biotechnology, image sensors and photovoltaics. SVTC offers a suite of leading-edge equipment and services, including full-scale 8-inch and 12-inch process capabilities, advanced CMOS and non-CMOS equipment, analytical services, development support tools and commercialization services. SVTC is ISO 9001 certified and ITAR registered. SVTC's investors include Oak Hill Capital Partners, Tallwood Venture Capital and the company's management and employees. SVTC Technologies is an equal opportunity employer.
More information can be found at www.svtc.com
