Veeco Instruments Inc. (ticker: VECO, exchange: NASDAQ Global Market (.O))
News Release -
Veeco Wins Key Technology Decisions from Industry Leading Thin Film
Magnetic Head Manufacturers
PLAINVIEW, N.Y., Oct 13, 2010 (BUSINESS WIRE) --
Veeco Instruments Inc. (Nasdaq: VECO) announced today it has been
selected by leading global hard disk drive manufacturers for critical
technology that enables higher areal density for next generation thin
film magnetic heads.
"Recent orders for our NEXUS(R) TAMR Physical Vapor Deposition (PVD)
System and the NEXUS Chemical Vapor Deposition (CVD) System, combined
with proven eight inch wafer capabilities, demonstrate Veeco's continued
technology leadership position as a partner that enables disk drive
manufacturers to increase storage capacity," commented Robert P. Oates,
Executive Vice President, Data Storage. "We are also working closely on
other active technology programs, such as diamond-like carbon deposition
for head overcoat and hard bias solutions. Technologies like these are
critical to increasing areal density to 1 Tb/in2 and beyond."
The NEXUS TAMR (Thermal Assisted Magnetic Recording) System leverages
Veeco's production-proven high rate reactive alumina platform and
proprietary process control. The NEXUS CVD system enables ruthenium
deposition for advanced perpendicular magnetic recording (PMR) for areal
Veeco makes equipment to develop and manufacture LEDs, solar panels,
hard disk drives, and other devices. We support our customers through
product development, manufacturing, sales and service sites in the U.S.,
Korea, Taiwan, China, Singapore, Japan, Europe and other locations.
Please visit us at 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, 2009 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.
SOURCE: Veeco Instruments Inc.
Veeco Instruments Inc.
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
Fran Brennen, 516-677-0200 x1222
Senior Director Marcom