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University of Waterloo Purchases Veeco MBE System for New Nano Research Center



  University of Waterloo Purchases Veeco MBE System for New Nano Research
  Center

Business Wire

PLAINVIEW, N.Y. -- January 21, 2013

Veeco Instruments Inc. (Nasdaq: VECO) announced today that the University of
Waterloo, located at the heart of Canada’s technology hub, has purchased a
GEN10® Molecular Beam Epitaxy system for its recently opened Quantum-Nano
Centre (QNC) hosting the Waterloo Institute for Nanotechnology (WIN) and the
Institute for Quantum Computing (IQC). The system will be installed in the new
MBE laboratory being established by Professor Zbig Wasilewski, Endowed
Nanotechnology Chair at WIN.

According to Professor Wasilewski, “MBE technology is rich in its application
across several fields of study that we are focusing on here at WIN and IQC.
After thorough evaluation, we thought the GEN10 was the best choice due to its
flexible cluster architecture, system design details, full automation and
relatively small footprint. It ideally fits our needs across many research
frontiers. Also, given the importance of effusion cells to our research, we
thought Veeco would be a great choice given their expertise and our history
with their cells.”

Jim Northup, Vice President, General Manager of Veeco’s MBE Operations,
commented, “Our team is very excited that the University of Waterloo has
selected the GEN10 as its first piece of equipment to be installed at the new
Quantum-Nano Center. It’s a great example of how Veeco’s state of the art MBE
technology continues to remain at the forefront of broad based research around
the world.”

The Mike & Ophelia Lazaridis Quantum-Nano Centre opened in the fall of 2012.
The QNC is dedicated to allowing faculty and students to pursue quantum
information and nanotechnology research at the highest level. Shared between
the Institute of Quantum Computing and the Waterloo Institute of
Nanotechnology, the building fosters cross-disciplinary collaboration in its
many common areas, lounges and meeting rooms. To watch a video on the new site
you can visit: http://www.youtube.com/watch?v=cAZXcVLMMG0.

About the GEN10 R&D MBE System

Veeco’s GEN10 System is the most economical, flexible, cluster MBE system
available today. The system allows for up to three configurable, material
specific growth modules, enabling high system utilization with multiple
researchers simultaneously performing unattended growths and calibrations.
This combined with Veeco’s world-class source technology are why the MBE
community is choosing the GEN10 across a diverse set of compound semiconductor
research applications.

About the University of Waterloo

The University of Waterloo is a leading comprehensive university with 34,000
full- and part-time students in undergraduate and graduate programs.
Consistently ranked Canada’s most innovative university, Waterloo is home to
advanced research and teaching in science and engineering, health,
environment, arts and social sciences. For more information about the
University of Waterloo, please visit http://uwaterloo.ca/

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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