NANEO Precision IBS Coatings GmbH Expands Manufacturing Capacity with Veeco IBD System
PLAINVIEW, N.Y.--(BUSINESS WIRE)-- Veeco Instruments Inc. (NAS: VECO) announced today that NANEO Precision IBS Coatings GmbH, a leading optical coatings company located in Rheinbreitbach, Germany, has recently ordered a SPECTOR® Ion Beam Deposition (IBD) System. The SPECTOR system will be used to produce high quality optics in a broad range of applications including ultrafast optics, high power lasers, raman spectroscopy, telecommunications, and aerospace.
Daniel Kopf, Chief Executive Officer at NANEO, commented, "Veeco's SPECTOR IBD system allows us the process flexibility needed to meet growing demand for our high precision optics providing excellent precision and uniformity, lowest loss and high laser damage threshold. Veeco's reliable platform makes them an ideal partner as we ramp production."
James Northup, Veeco's Vice President and General Manager, commented, "We are pleased NANEO chose our system for their manufacturing expansion. The SPECTOR IBD Optical Coating System enables users to manufacture the highest precision and quality films meeting the performance requirements for virtually every optical thin film coating application. We look forward to providing excellent support and service to the NANEO team as they increase production."
About NANEO Precision IBS Coatings GmbH
NANEO specializes in the production of custom made precision optical coatings for high end applications in the laser and photonics industry. The Company produces high precision coatings for applications in the fields of high power lasers, high power beam combination, ultrafast lasers, optical measurement systems, telecommunications, aerospace and scientific research. For more information, please visit www.naneo.com.
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.
Veeco Instruments Inc.
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
Fran Brennen, 516-677-0200 x1222
Senior Director Marcom
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