Korean Photonics Technology Institute (KOPTI) Purchases Veeco MBE System

  Korean Photonics Technology Institute (KOPTI) Purchases Veeco MBE System

Business Wire

PLAINVIEW, N.Y. -- January 15, 2013

Veeco Instruments Inc. (Nasdaq: VECO) announced today that the Korean
Photonics Technology Institute (KOPTI) has purchased a GEN20™ Molecular Beam
Epitaxy system. The system will be shipped to KOPTI’s Laser-IT Research Center
and Photonics System Lab in Gwangju, S. Korea for high-powered GaAs-based
laser diode research.

According to Swook Hann, Ph.D., Head of KOPTI’s Laser-IT Research Center and
Photonics Systems Lab, “We have selected the MBE GEN20 system for our work in
development of high-powered GaAs laser diodes because of its process
flexibility and Veeco’s impressive track record in supplying tools to the
III-V laser diode market. These are critical elements for KOPTI since we are
developing technologies that can be taken from lab to fab.”

Jim Northup, Vice President, General Manager of Veeco’s MBE Operations,
commented, “KOPTI is known worldwide for developing pioneering breakthroughs
which bridge the gap between pure research and industrial production. We are
pleased to partner with such an important technology center in Korea
supporting the further commercialization of high power laser diodes with our
GEN20 MBE system.”

The GEN20 MBE System is an ultra-flexible tool with a design configurable for
III-V and emerging materials. For more information on the system please visit
the Veeco website at: http://www.veeco.com/GEN20.

About KOPTI

KOPTI is an Industrial Technology Research Institute specializing in Photonics
Technology. KOPTI primarily supports the Photonics Industry through new
technologies and products as a result of Research and Development Activities
and Industry Support Services such as Joint R&D, Pilot Production, Test &
Reliability Assessment, Patent Analysis and Distribution. The Institute
consists of high-performance laboratory equipment and clean room facilities.
KOPTI shares these resources with photonics companies for developing LEDs,
Optical Communication Modules, Precision Optical Components, High
Speed/Capacity Communications, and High Performance Optical Instruments. For
more information visit: http://www.kopti.re.kr/index.sko.

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 Inc.
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
or
Fran Brennen, 516-677-0200 x1222
Sr. Director, Marketing Communications
 
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