Veeco Instruments Inc. (Nasdaq: VECO), announced today
that it has received multi-unit orders for its GaNzilla(R) II MOCVD
(metal organic chemical vapor deposition) system from three leading
Asian manufacturers of high-brightness light emitting diodes
(HB-LEDs). Multi-unit orders have been received from Huga Optotech
Inc. of Taiwan, Dalian Meiming Epitaxy Technology Co., Ltd of China,
and LG Innotek Co., Ltd. of Korea during the second quarter of 2006.
Piero Sferlazzo, Vice President, General Manager of Veeco's MOCVD operations commented, "The GaNzilla II is rapidly becoming the production workhorse for gallium nitride (GaN)-based LEDs. This strong order pattern from Asia driven by emerging small panel LCD backlighting applications, demonstrates the confidence our customers have in the ability of GaNzilla II to support their capacity expansions."
About Veeco
Veeco Instruments Inc. provides solutions for nanoscale applications in the worldwide semiconductor, data storage, HB-LED/wireless and scientific research markets. Our Metrology products are used to measure at the nanoscale and our Process Equipment tools help create nanoscale devices. Veeco's manufacturing and engineering facilities are located in New York, New Jersey, California, Colorado, Arizona and Minnesota. Global sales and service offices are located throughout the United States, Europe, Japan and Asia Pacific. Additional information on Veeco can be found at http://www.veeco.com/.
To the extent that this news release discusses expectations about market conditions, market acceptance and future sales of Veeco's products, Veeco's future financial performance, future disclosures, 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 challenges of volatility in end market conditions and the cyclical nature of the data storage, semiconductor, HB-LED/wireless and scientific research markets, risks associated with integrating acquired businesses and the acceptance of new products by individual customers and by the marketplace and other factors 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, 2005, subsequent Quarterly Reports on Form 10-Q and current reports on Form 8-K. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Piero Sferlazzo, Vice President, General Manager of Veeco's MOCVD operations commented, "The GaNzilla II is rapidly becoming the production workhorse for gallium nitride (GaN)-based LEDs. This strong order pattern from Asia driven by emerging small panel LCD backlighting applications, demonstrates the confidence our customers have in the ability of GaNzilla II to support their capacity expansions."
About Veeco
Veeco Instruments Inc. provides solutions for nanoscale applications in the worldwide semiconductor, data storage, HB-LED/wireless and scientific research markets. Our Metrology products are used to measure at the nanoscale and our Process Equipment tools help create nanoscale devices. Veeco's manufacturing and engineering facilities are located in New York, New Jersey, California, Colorado, Arizona and Minnesota. Global sales and service offices are located throughout the United States, Europe, Japan and Asia Pacific. Additional information on Veeco can be found at http://www.veeco.com/.
To the extent that this news release discusses expectations about market conditions, market acceptance and future sales of Veeco's products, Veeco's future financial performance, future disclosures, 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 challenges of volatility in end market conditions and the cyclical nature of the data storage, semiconductor, HB-LED/wireless and scientific research markets, risks associated with integrating acquired businesses and the acceptance of new products by individual customers and by the marketplace and other factors 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, 2005, subsequent Quarterly Reports on Form 10-Q and current reports on Form 8-K. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.