Philips Innovation Services Qualifies Veeco PVD System for Diverse Thin Film Device Applications

  Philips Innovation Services Qualifies Veeco PVD System for Diverse Thin Film
  Device Applications

Business Wire

PLAINVIEW, N.Y. -- January 30, 2013

Veeco Instruments Inc. (Nasdaq: VECO) announced today that Philips Innovation
Services, a service provider within Royal Philips Electronics N.V., has
recently qualified a NEXUS® Physical Vapor Deposition (PVD) System at its
location on the High Tech Campus Eindhoven, Netherlands. This system will
support Philips Innovation Services’ capabilities in a broad range of thin
film device applications, including MEMS, sensors, nano-electronics and
others.

Christ van Hout, Strategic Purchasing CAPEX at Philips Innovation Services,
commented, “Veeco was determined from the beginning to find the right solution
for our equipment needs. We were under an extremely aggressive installation
timeline and Veeco’s team partnered with us to meet our requirements. Their
professional approach and superior process knowledge exceeded our
expectations.”

Vivek Vohra, Veeco’s Vice President and General Manager, commented, “We are
pleased Philips Innovation Services chose our system for their thin film
device facility. We remain committed to delivering competitive products that
meet our customers’ specifications and look forward to providing excellent
support and service to the Philips team.”

Veeco's PVD technology enables the creation of MEMS and magnetic sensors with
small form factors and increased capability. These systems offer improved
accuracy and enable precise, uniform films with material flexibility for R&D
or high-volume production. The system is now qualified for operation at
Philips Innovation Services’ thin film device facility, supporting innovators
in first-of-a-kind developments and small series production. This forms part
of the organization’s high-tech facilities (approximately 28,000 square
meters), fully staffed with 950 technical experts including a wide variety of
engineers and technologists.

About Philips Innovation Services

Philips Innovation Services helps high tech companies and knowledge institutes
accelerate their innovation by offering a range of advanced services,
expertise and high-tech facilities across the whole innovation process, from
concept creation, product development, prototyping and small series
production, industrialization, quality and reliability, to sustainability and
industrial consulting. Philips Innovation Services has service centers
worldwide and is represented in Europe, China and the USA. For more
information, please visit www.innovationservices.philips.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 release. 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.
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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