AZZURRO Semiconductors Chooses Veeco MOCVD for GaN-on-Silicon Epiwafer Production

  AZZURRO Semiconductors Chooses Veeco MOCVD for GaN-on-Silicon Epiwafer
  Production

Business Wire

PLAINVIEW, N.Y. -- July 25, 2012

Veeco Instruments Inc. (Nasdaq: VECO) announced today that AZZURRO
Semiconductors AG, a pioneer in GaN-on-Si technology headquartered in Germany,
has recently placed into production the TurboDisc® K465i™ gallium nitride
(GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System. The MOCVD system
is used to make gallium nitride on silicon (GaN-on-Si) wafers for power
semiconductors, LED wafers and LED template wafers that enable customers to
leverage the technology advantage of the GaN-on-Si technology themselves.

Dr. Markus Sickmöller, Vice President Operations of AZZURRO, commented, “Our
technology provides high-quality, crack-free GaN layers on 150mm standard
silicon wafers with very good crystal quality and extremely low bow values. We
chose Veeco’s K465i to produce these high efficiency GaN-on-Si stacks because
of its performance, process stability, and high throughput. We believe our
GaN-on-Si technology will trigger a new wave of highly efficient and
cost-optimized components for the LED and power semiconductor industry.”

Jeff Hawthorne, Veeco’s Senior Vice President, MOCVD, commented, “The power
electronics device market is forecasted by Yole Développement to be $25B by
2015, and GaN has the ability to make devices with higher efficiency and
switching speed than traditional Si devices. Further, LEDs made with GaN-on-Si
technology will enable lower LED costs. We anticipate that the demand for
MOCVD tools for these GaN-on-Si applications will grow as technology moves
from R&D into production. Veeco’s K465i systems offer key advantages for
GaN-on-Si production, including low particle count and excellent yields, and
we’re looking forward to continuing to support AZZURRO’s growing GaN-on-Si
business.”

About AZZURRO Semiconductors

A strongly growing semiconductor company that has pioneered the growth of
gallium nitride on silicon substrates (GaN-on-Si), AZZURRO supplies customers
worldwide with their next generation of epitaxial wafers for LED and power
semiconductor applications. Comparing to current generation wafers, the use of
AZZURRO’s large diameter GaN-on-Si-wafers allows the industry to facilitate
standard semiconductor production sites to allow massive cost savings. For
additional product and company information please refer to the company’s
website:
www.azzurro-semiconductors.com.

About Veeco

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

Contact:

Veeco Instruments
Financial:
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
or
Media:
Fran Brennen, 516-677-0200 x1222
Senior Director Marcom
 
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