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Epilight Chooses Veecoa?s MOCVD Systems for Its New LED Fab in Hefei

^{Published on 2011-02-09 02:20:46 - Market Wire}
 

PLAINVIEW, N.Y.--([ BUSINESS WIRE ])--Veeco Instruments Inc. (Nasdaq: VECO) announced today that Shanghai Epilight Technology Co., Ltd placed a large multi-tool order for Veeco TurboDisc® K465ia" Metal Organic Chemical Vapor Deposition (MOCVD) systems during the fourth quarter of 2010. The equipment is for Epilighta™s new LED fab at Hefei, China for high-brightness light emitting diode (HB-LED) manufacturing.

"Epilight is one of the top LED makers in China and we are thrilled to be chosen for their latest capacity expansion."

Mr. Wendi Liu, President of Epilight commented, aWe installed a number of Veeco K465i tools in our Shanghai factory in mid-2010 and have been extremely pleased with their performance in our demanding high-volume LED production facility. We have therefore decided that Veeco equipment should form the foundation of our next round of capacity purchases for the Hefei Epilight fab.a

William J. Miller, Ph.D., Executive Vice President, Veecoa™s Compound Semiconductor Business, commented, aEpilight is one of the top LED makers in China and we are thrilled to be chosen for their latest capacity expansion.a

About Shanghai Epilight Technology Co., Ltd.

Shanghai Epilight Technology Co., Ltd., based in Shanghai, PRC, is one of the largest LED manufacturers in China. They are engaged in the design, development, manufacture and distribution of HB-LEDs, epitaxial wafers, and chips. For more information on the Company, please visit [ http://www.epilight.com.cn/en/aboutus.asp ].

About Veeco

Veeco makes equipment to develop and manufacture LEDs, solar panels, hard disk drives and other devices. We support our customers through product development, manufacturing, sales and service sites in the U.S., Korea, Taiwan, China, Singapore, Japan, Europe and other locations. Please visit us at [ www.veeco.com ].

To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2009 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.