Brolis Semiconductors Ltd. and Veeco Instruments Inc. (Nasdaq: VECO) announced today that Brolis has received shipment of a Veeco GEN200® Edge™ Molecular Beam Epitaxy (MBE) production system for installation at their new epitaxial wafer production facility in Vilnius, Lithuania.
Dominykas Vizbaras, CEO of Brolis, commented, “The mission of our company is to become a world-leading provider of complex epitaxial structures for long-wave optoelectronics, such as thermal imaging, concentrator photovoltaic and other custom devices. Veeco is the world’s leading provider of production MBE systems, so we anticipate that the GEN200 will enable us to be extremely competitive in terms of wafer quality, speed to market, and cost effectiveness of our products.”
Jim Northup, Vice President and General Manager of Veeco’s MBE Operations, commented, “We are pleased Brolis has chosen Veeco as their MBE equipment supplier as they open their new state-of-the-art epitaxial manufacturing fab. The GEN200 will support Brolis’ market penetration goals with its production-proven performance and the industry’s lowest cost of ownership.”
About the Veeco GEN200 Edge MBE System:The most cost-effective and highest-capacity multi-4" production MBE system in the market today, the Veeco GEN200 Edge MBE System delivers superior throughput, long campaigns and excellent wafer quality in growing epitaxial wafers for custom devices. About Brolis Semiconductors Ltd: Brolis Semiconductors Ltd. manufactures type-I GaSb laser diodes for wavelength range 1800nm – 4000nm and offers high-throughput MBE service of arsenides and antimonides on GaSb, InSb, InAs, GaAs and InP substrates. Our key technologies include growth of mixed group-V antimonides and quinternary heterostructures, which is very important for most infrared optoelectronic device applications such as type-II superlattice FPAs, GaSb laser diodes, tunnel junction devices, etc. For more information, please visit us at www.brolis-semicon.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 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV