Veeco Hosts Top Taiwanese LED Manufacturers at MOCVD User Meeting

July 19, 2012

PLAINVIEW, N.Y.--(BUSINESS WIRE)--Jul. 19, 2012-- Veeco Instruments Inc. (Nasdaq: VECO) announced today that more than 150 LED manufacturing customers recently attended its metal organic chemical vapor deposition (MOCVD) User Meeting in Tainan, Taiwan. Representatives from most of Taiwan’s top LED manufacturers such as Epistar Corporation, FOREPI, Genesis Photonics Inc. (GPI), Huga Optotech Inc., Tekcore Co. Ltd., Epileds Co. Ltd., and Arima Optoelectronics Corp. attended.

Taiwan's top LED manufacturers attended Veeco's MOCVD User Meeting held in Tainan, Taiwan, to discuss manufacturing challenges and learn solutions to maximize productivity and yield while driving down costs. (Photo: Business Wire)

Invited speaker Charles Li, Ph.D., GPI’s Vice President of R&D, commented, “Veeco’s User Meeting was a great event. I appreciate the opportunity to collaborate with Veeco’s technology experts and interact with other top LED manufacturers.” During his presentation, Dr. Li spoke about “ The Trend of LED Chips for Lighting .” He addressed key drivers that will help to commercialize LEDs for general lighting, such as cost reduction, which can be achieved by developing better high current LED chip technology.

Tim Liu, Veeco’s Vice President & Greater China Country Manager, commented, “We are pleased to have had the opportunity to engage with Taiwan’s leading LED manufacturers. Our MOCVD User Meeting provides an excellent forum where we focus on our customers’ manufacturing challenges and provide solutions to maximize their productivity and yield, while reducing costs -- all critical factors to their success.” Veeco recently introduced a new suite of MOCVD systems based on its industry-leading TurboDisc® technology to accelerate worldwide adoption of LED lighting by reducing manufacturing costs.

Other topics presented at the meeting included “ Driving Down LED Manufacturing Costs with TurboDisc MOCVD Products ” presented by Jia Lee, Ph.D., Veeco’s Senior Director of Marketing and Business Development; and an update on “ GaN on Silicon LED Manufacturing ” by Kenny Sun, Ph.D., Veeco’s Director, Taiwan Technology Center (TTC), located in Hsinchu Park. Dr. Sun also presented the mission of Veeco’s TTC and technical projects since its establishment a year ago.

About Veeco’s Taiwan Technology Center

Veeco’s TTC is equipped to conduct process demonstrations, arrange rapid start programs to transfer best known methods, provide early access to evaluate system upgrades, and support joint technology development programs. It is equipped with Veeco's market-leading MOCVD systems, including a multi-chamber TurboDisc MaxBright® MOCVD System.

About Veeco

Veeco’s process equipment solutions enable the manufacture of optoelectronics, LEDs, 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, 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.

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Source: Veeco Instruments Inc.

Veeco Instruments Inc.
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
Fran Brennen, 516-677-0200 x1222
Senior Director Marcom