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Chinese HB-LED Manufacturer Orders Veeco Maxbright MOCVD System

Veeco Instruments Inc. (Nasdaq: VECO) today announced that Tsinghua Tongfang Company, a Beijing-based publicly listed division of the Tsinghua Holdings Company Limited, has placed an order for Veeco's new TurboDisc(R) MaxBright(TM) Multi-Reactor MOCVD System for production of high-brightness light-emitting diodes (HB LEDs).

Professor Liu Gang, General Manager of Nantong Tongfang commented, "Last year we selected Veeco as our primary supplier for our new production facility in NanTong, China that was completed at the end of 2010. We are very pleased with the performance of Veeco's single-chamber K465i systems, and are now excited to add the multi-chamber MaxBright system to help further improve our fab's productivity."

William J. Miller, Ph.D., Executive Vice President, Veeco LED & Solar, added, "Tsinghua Tongfang has done a great job building their LED business, and we are extremely pleased to continue to support their further capacity expansion with our latest generation product."

About MaxBright

The MaxBright system is the industry's most productive, lowest cost of ownership MOCVD system available to manufacture high brightness LEDs. Available in a 2 or 4-reactor cluster architecture, the MaxBright system delivers up to a 500% productivity gain and 2.5x increase in footprint efficiency over the industry-leading K465i system. For more information, please visit www.veeco.com/maxbright

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