Veeco Introduces NEXUS CVD System
May 18, 2009Enables Thin Film Magnetic Head Areal Densities Greater Than 400Gb/in2
PLAINVIEW, N.Y.--(BUSINESS WIRE)--May. 18, 2009-- Veeco Instruments Inc. (Nasdaq: VECO), announced today that it has introduced the NEXUS® CVD System, the industry’s first production-proven chemical vapor deposition (CVD) system for demanding conformal seed layer applications. The NEXUS CVD system enables the manufacture of next generation perpendicular magnetic recording (PMR) thin film magnetic heads (TFMH) with areal densities greater than 400 Gb/in 2 .
Robert P. Oates, Executive Vice President, commented, “In response to the market’s need for a conformal metal deposition process to enable a new generation of PMR heads, Veeco collaborated with a leading thin film head manufacturer to develop the NEXUS CVD system. As a result of this successful collaboration, multiple Veeco NEXUS CVD systems are currently being used in TFMH production at a leading hard disk drive manufacturer, and we are now officially launching it to the broader marketplace. In addition, Veeco is pleased to announce that a second hard drive manufacturer has placed an order for a NEXUS CVD system.”
James T. Jenson, Vice President of Marketing, added, “The NEXUS CVD tool is a great example of Veeco’s alignment with our data storage customers’ technology roadmaps as they invest in increased areal density and lower cost of ownership solutions.” As part of Veeco's NEXUS family, the NEXUS CVD System can be integrated on a common hardware and software platform with complementary Veeco technologies, such as ion beam etch, ion beam deposition and physical vapor deposition.
Veeco Instruments Inc. manufactures enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. We have leading technology positions in our three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments. Veeco’s manufacturing and engineering facilities are located in New York, New Jersey, California, Colorado, Arizona, Massachusetts and Minnesota. Global sales and service offices are located throughout the U.S., Europe, Japan and APAC. http://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, 2008 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.
Deb Wasser, SVP Investor Relations
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Fran Brennen, Senior Director of Marcom
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