Veeco Secure Multiple Orders for Multi-Reactor MOCVD Systems from Formosa

Veeco Instruments Inc. (Nasdaq: VECO) today announced that Taiwan-based Formosa Epitaxy (FOREPI) and its Chinese affiliate, Jiangsu Canyang Corporation, have placed a multi-unit order for Veeco's recently released TurboDisc(R) MaxBright(TM) Multi-Reactor MOCVD System for production of high-brightness light-emitting diodes (HB LEDs).

Frank Chien, Ph.D., President of Jiangsu Canyang said, "We are impressed with MaxBright's high productivity, flexible process capabilities, and compact architecture, and think it will be a great choice for our high-production fabs. We have selected the four-chamber configuration as we believe it will provide the best cost of ownership and value for our investment."

William J. Miller, Ph.D., Executive Vice President, Veeco LED & Solar, added, "We believe that the MaxBright system is the ideal solution for best cost of ownership LED production by top manufacturers such as FOREPI and its Chinese affiliate Canyang. It is exciting to have our new tool selected by one of Taiwan's top LED manufacturers as part of their expansion in both Taiwan and China."

About MaxBright

The 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/maxbright

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