Nova Reaffirms 2012 Fourth Quarter Guidance

                 Nova Reaffirms 2012 Fourth Quarter Guidance

The Company Will Host Q4 Earnings Conference Call on February 18, 2013

PR Newswire

REHOVOT, Israel, January 14, 2013

REHOVOT, Israel, January 14, 2013 /PRNewswire/ --

Nova Measuring Instruments Ltd. (Nasdaq: NVMI), provider of leading edge stand
alone metrology and the market leader of integrated metrology solutions to the
semiconductor process control market, announced today that it is reaffirming
its 2012 fourth quarter guidance. As discussed on the company's October 31,
2012 conference call, Nova expects revenues of $18.5-$22 million, with diluted
earnings per share of $0.01-$0.10 on a GAAP basis, and diluted earnings per
share of $0.00-$0.08 on a Non-GAAP basis, for the fourth quarter of 2012.

In addition to reaffirming Q4 2012 guidance, Gabi Seligsohn, President and
CEO, will discuss the business outlook given the recent increase in bookings,
and describe the company's strategy for 2013 and beyond, when addressing the
15th Annual Needham Growth Conference on January 15, 2013. 

The presentation materials and the audio webcast of the Annual Needham Growth
Conference will be available on the company's website at
http://www.novameasuring.com.

Nova plans to announce fourth quarter and full year results and give financial
guidance for the first quarter of 2013 on Monday, February 18, 2013. In
conjunction with this release, Nova will host a conference call later that
same day. Dial-in details for this conference will be provided in a separate
press release.

About Nova: Nova Measuring Instruments Ltd. develops, produces and markets
advanced integrated and stand alone metrology solutions for the semiconductor
manufacturing industry. Nova is traded on the NASDAQ & TASE under the symbol
NVMI. The Company's website is http://www.novameasuring.com

This press release provides financial information that is not calculated in
accordance with generally accepted accounting principles (GAAP). Management
believes that these non-GAAP financial information provides meaningful
supplemental information regarding Nova's performance because it reflects our
operational results and enhances management's and investors' ability to
evaluate Nova's performance before charges or benefits considered by
management to be outside Nova's ongoing operating results.

The presentation of this non-GAAP financial information is not intended to be
considered in isolation or as a substitute for the financial information
prepared andpresentedin accordance with GAAP. Management believes that it is
in the best interest of its investors to provide financial information that
will facilitate comparison of both historical and future results and allows
greater transparency to supplemental information used by management in its
financial and operational decision making.

This press release contains forward-looking statements within the meaning of
safe harbor provisions of the Private Securities Litigation Reform Act of 1995
relating to future events or our future performance, such as statements
regarding trends, demand for our products, expected deliveries, transaction,
expected revenues, operating results, earnings and profitability.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or implied
in those forward looking statements. These risks and other factors include but
are not limited to: our dependency on two product lines; the highly cyclical
nature of the markets we target; our inability to reduce spending during a
slowdown in the semiconductor industry; our ability to respond effectively on
a timely basis to rapid technological changes; our dependency on OEM
suppliers; cyber security risks; risks related to open source technologies;
our ability to retain our competitive position despite the ongoing
consolidation in our industry; risks associated with our dependence on a
single manufacturing facility; our ability to expand our manufacturing
capacity or marketing efforts to support our future growth; our dependency on
a small number of large customers and small number of suppliers; our
dependency on our key employees; risks related to changes in our order
backlog; risks related to the financial, political and environmental
instabilities in Asia; risks related to our intellectual property; changes in
customer demands for our products; new product offerings from our competitors;
changes in or an inability to execute our business strategy; unanticipated
manufacturing or supply problems; changes in tax requirements; changes in
customer demand for our products; risks related to currency fluctuations; and
risks related to our operations in Israel. We cannot guarantee future results,
levels of activity, performance or achievements. The matters discussed in this
press release also involve risks and uncertainties summarized under the
heading "Risk Factors" in Nova's Annual Report on Form 20-F for the year ended
December 31, 2011 filed with the Securities and Exchange Commission on March
28, 2012. These factors are updated from time to time through the filing of
reports and registration statements with the Securities and Exchange
Commission. Nova Measuring Instruments Ltd. does not assume any obligation to
update the forward-looking information contained in this press release.

Company Contact:
Dror David, Chief Financial Officer
Nova Measuring Instruments Ltd
Tel: +972-73-229-5833
E-mail: info@nova.co.il

Investor Relations Contacts:
Ehud Helft / Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
E-mail: nova@ccgisrael.com
http://www.nova.co.il

SOURCE Nova Measuring Instruments Ltd
 
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