II-VI Incorporated Chooses Award Winning Veeco IBD System for High Volume Laser Optics Production

March 19, 2014

PLAINVIEW, N.Y--(BUSINESS WIRE)--Mar. 19, 2014-- Veeco Instruments Inc. (Nasdaq:VECO) announced today that II-VI Incorporated (Nasdaq:IIVI), has ordered the SPECTOR-HT™ Ion Beam Deposition (IBD) System and added Veeco’s new Quest™ Optical Monitor, for use in its high-volume production of laser optics.

The R&D-100 award-winning SPECTOR-HT™ IBD System produces the highest quality optical thin films with improved levels of productivity and throughput. The Quest Optical Monitor provides up to ten times improvement in layer thickness accuracy compared to previous generations for precise manufacturing control.

“Veeco’s SPECTOR-HT IBD System allows us to deliver high quality laser optics faster by achieving superior deposition rates while maintaining exceptional film qualities,” said Mark West, General Manager, II-VI Infrared. “The Veeco Quest Optical Monitor upgrade is an incredible breakthrough. It ensures we will have a repeatable, highly productive operation using the latest technology, enabling us to produce the highest quality laser optics.”

Headquartered in Saxonburg, Pennsylvania, II-VI is a global leader in engineered materials and optoelectronic components. Veeco is the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies.

“II-VI is an optical coating leader and their endorsement of the SPECTOR-HT is clear indication of its exceptional value,” said Jim Northup, Vice President and General Manager of Veeco MBE, Optical Systems and Ion Sources. “As the optics industry seeks faster deposition rates and more repeatable processes, Veeco's SPECTOR-HT IBD System, coupled with the new Quest Optical Monitor, achieves unprecedented levels of productivity by offering the highest throughput for optical thin film manufacturers.”

About II-VI Incorporated

II-VI Incorporated and its divisions and subsidiaries utilize expertise in synthetic crystal materials growth, optics fabrication, electronics component manufacture, and more to create high-tech products for a wide range of applications and industries. Founded in 1971, II-VI Incorporated is headquartered in Saxonburg, PA, and maintains manufacturing facilities, distributors, and agents worldwide. II-VI Incorporated is a public company, traded on the NASDAQ under the stock symbol IIVI. For more information, visit .

About Veeco

Veeco’s process equipment solutions enable the manufacture of LEDs, flexible OLEDs, power electronics, hard drives, MEMS and wireless chips. We are the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies. Our high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. For information on our company, products and worldwide service and support, please visit .

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, 2013 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.


Source: Veeco Instruments Inc.

Veeco Instruments Inc.
Debra Wasser, 516-677-0200 x1473
Jeffrey Pina, 516-677-0200 x1222