Date Announced: 16 Jun 2011 Tsinghua Tongfang Co., a Beijing-based division of Tsinghua Holdings Company Limited, has placed an order with Veeco for a TurboDisc MaxBright Multi-Reactor MOCVD System. This system will be used for production of high-brightness LEDs.The order comes after Tsinghua Tongfang chose Veeco as its primary supplier for a new production facility in NanTong China last year. Until now, the facility has been using Veeco's single-chamber K465i systems. The new system will help the company to improve its fab productivity.+++Press release+++Plainview, NY - Veeco Instruments Inc. (Nasdaq:VECO) today announced that Tsinghua Tongfang Company, a Beijing-based publicly listed division of the Tsinghua Holdings Company Limited, has placed an order for Veeco's new TurboDisc(R) MaxBright(TM) Multi-Reactor MOCVD System for production of high-brightness light-emitting diodes (HB LEDs). Professor Liu Gang, General Manager of Nantong Tongfang commented, "Last year we selected Veeco as our primary supplier for our new production facility in NanTong, China that was completed at the end of 2010. We are very pleased with the performance of Veeco's single-chamber K465i systems, and are now excited to add the multi-chamber MaxBright system to help further improve our fab's productivity." William J. Miller, Ph.D., Executive Vice President, Veeco LED & Solar, added, "Tsinghua Tongfang has done a great job building their LED business, and we are extremely pleased to continue to support their further capacity expansion with our latest generation product." About MaxBrightThe MaxBright system is the industry's most productive, lowest cost of ownership MOCVD system available to manufacture high brightness LEDs. Available in a 2 or 4-reactor cluster architecture, the MaxBright system delivers up to a 500% productivity gain and 2.5x increase in footprint efficiency over the industry-leading K465i system. For more information, please visit www.veeco.com/maxbrightAbout Tsinghua TongfangTsinghua Tongfang Company Limited (SSE: 600100) is part of Tsinghua Holdings Company Limited and is a state-owned enterprise headquartered in Beijing, China. The Company was established in 1997, listed on the Shanghai Stock Exchange that same year, and is engaged in information technology, energy and environment industries. About VeecoVeeco makes equipment to develop and manufacture LEDs, solar panels, 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.
Contact
Debra Wasser, 516-677-0200 x1472 SVP Investor Relations & Corporate Communications
Web Site:www.veeco.com
