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Nantong Tongfang Selects Veeco MOCVD For GaN-on-Si LED Research

Veeco Instruments Inc. (Nasdaq: VECO) announced today that Nantong Tongfang Semiconductor Co., Ltd. has received shipment of Veeco's TurboDisc® K465i™ MOCVD System for research of GaN-on-Si high brightness light emitting diodes (HB LEDs). The system was delivered to Tongfang’s new LED Technology Center in Nantong, China.

Professor Liu Gang, General Manager of Nantong Tongfang Semiconductor, stated, “We successfully utilize Veeco’s MOCVD systems in our current production of GaN-on-sapphire based LEDs. It was the logical choice to select Veeco for our new research into GaN-on-Si based LED devices. This is going to be a significant focus of our future R&D investment over the next few years.”

Jeff Hawthorne, Veeco’s Senior Vice President, MOCVD, commented, "Many of our LED customers are developing GaN-on-Si technology, which offers the potential to accelerate the adoption of solid-state lighting by reducing the cost of making LEDs without compromising end-product quality. We are glad to support Tongfang in their research efforts.”

The K465i features film quality and low defects, which are key for GaN-on-Si processing. It also incorporates Veeco's Uniform FlowFlange® technology for superior uniformity and excellent run-to-run repeatability. Low maintenance TurboDisc technology enables highest system availability, excellent particle performance and high throughput. The production-proven K465i provides ease-of-tuning for fast process optimization on wafer sizes up to 8 inches and fast tool recovery time after maintenance.

About Nantong Tongfang Semiconductor Co., Ltd.

Nantong Tongfang Semiconductor Co., Ltd., a subsidiary of the publicly traded Tsingua Tongfang Co., Ltd., produces and develops LED modules and LED lighting products. More information can be found at http://www.thtf.com.cn.

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.

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