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LG Innotek Orders Four TurboDisc K465 GaN MOCVD from Veeco

Veeco Instruments Inc. (Nasdaq: VECO) announced today that LG Innotek Co., Inc., a global leader and technology innovator in electronic components, has ordered an additional four TurboDisc® K465™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems to make high brightness light emitting diodes (HB-LEDs). The orders were received in the fourth quarter of 2008.

Dr. Steve (Tchanghun) Oh, Vice President in charge of LED technology at LG Innotek, commented, “We are very impressed with the level of support and collaboration from Veeco in helping us to improve our cost of ownership. Veeco’s MOCVD tools enable a smooth transition to larger wafer sizes offering a longer capital life along with a proven advantage in productivity. These were all major factors in our decision to add more Veeco MOCVD systems to our HB-LED production line.”

Bill Miller, Ph.D., Senior Vice President, General Manager of Veeco's MOCVD Operations commented, “We are pleased to be helping LG Innotek meet their production demands for HB-LEDs for television backlighting applications. The K465 has been designed to help customers seamlessly transition to larger wafer sizes, a critical benefit to our customers as they advance LED technology.”

Veeco’s TurboDisc K465 GaN MOCVD System is the only production-proven, fully automated MOCVD platform available on the market today. The "K-Series" MOCVD platform includes the K300 and K465 models, offering a modular, upgradeable path to a higher throughput, larger diameter reactor chamber and reduced cost of ownership.

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