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                                  EXHIBIT 7.2
                       Press Release, dated March 3, 1997

INTEVAC, INC. ANNOUNCES EXERCISE OF $7,500,000 OVER-ALLOTMENT OPTION ON ITS 
6-1/2% CONVERTIBLE SUBORDINATED NOTES

Santa Clara, California, March 3, 1997 - Intevac, Inc. (Nasdaq: IVAC),
announced today that the $7,500,000 over-allotment option had been exercised by
the initial purchasers on its recently issued 6 1/2% convertible subordinated
notes pursuant to an offering within the United States to qualified
institutional investors and outside the United States to non-U.S. investors.
The over-allotment option increased the total amount of the 6-1/2% convertible
subordinated notes issued by Intevac to $57,500,000.  The notes have a term of
seven years and are convertible into Intevac common stock at a conversion price
of $20.625.

The Company stated that it expects to use the net proceeds of the offering for
general corporate purposes, including working capital, and may also apply a
portion of the net proceeds to the acquisition of related businesses, products
and technologies.

The securities to be offered will not be registered under the Securities Act of
1933, as amended, or applicable state securities laws, and may not be offered
or sold in the United States absent registration under the Securities Act and
applicable state securities laws or available exemptions from registration
requirements.

CONTACT:  Charles Eddy, Chief Financial Officer, Intevac Inc., 3550 Bassett
Street, Santa Clara, CA 95054 (408) 496-2259, ceddy@intevac.com