Veeco Instruments Inc. (Nasdaq: VECO) announced today that LED-IT Fusion Technology Research Center (LIFTRC) of Korea recently selected the TurboDisc® K465i™ GaN Metal Organic Chemical Vapor Deposition (MOCVD) system for research and development of high brightness light emitting diodes (LEDs), including green LEDs and ultraviolet (UV) LEDs.
Dr. Ja-Soon Jang, Chief Director, LIFTRC, and Professor, Department of Electronic Engineering, at Yeungnam University commented, "Veeco's K465i enables us to conduct research and development of next generation LED technology on a fully-automated, low cost of ownership platform. Veeco's industry-leading position, localized support and technical expertise will help us achieve our goal of collaborating with local and worldwide LED manufacturers."
William J. Miller, Ph.D., Veeco's Executive Vice President, Process Equipment, commented, "We are very pleased that LED-IT Fusion Technology Research Center, a top research organization, recognizes the benefits of the TurboDisc K465i MOCVD System. We look forward to supporting LIFTRC and their partners and believe Korea will continue to drive the advancement of LED technology."
For further information on the TurboDisc K465i MOCVD System, please visit Veeco at www.veeco.com/mocvd.
About LED-IT Fusion Technology Research Center
LED-IT Fusion Technology Research Center has been appointed by the Korea's Ministry of Knowledge Economy as the Southeastern region's LED-IT Fusion Technology Research Center (technology support center). It seeks to surpass the high levels of technological development of advanced nations and strives to develop LED-IT fusion technology into core and leading commercialized technologies. http://english.liftrc.re.kr/
Veeco makes equipment to develop and manufacture LEDs, solar cells, 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, 2011 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.
Veeco Instruments Inc.
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
Fran Brennen, 516-677-0200 x1222
Senior Director Marcom