CVD Equipment Corporation Ships a Series 6000, Multi-Tube Furnace System to Nova Crystals, Inc.

CVD Equipment Corporation (NASDAQ OTC: CVDE) has shipped a Series 6000, multi-tube, furnace system to Nova Crystals, Inc. San Jose, California. The system will be utilized to develop and manufacturer high-performance fiber-optic communications devices and surface emitting lasers that facilitate the shift from discrete to hybrid modules for efficient optical networking in the LAN, WAN and MAN environments.

To be competitive in these bandwidth hungry markets, innovative device designs as well as cost competitive equipment will be utilized to drive down device cost. CVD Equipment Corporation has focused on being the market leader with high quality, fully automated, low Cost-Of-Ownership process tools. CVD's Series 6000 Horizontal or Vertical, Furnace Systems can be configured for Oxidation, Annealing and Low Pressure Chemical Vapor Deposition of wafers up to 300mm in diameter.

CVD has taken many steps over the last year to improve manufacturing cycle time of its products. Investments in engineering and manufacturing have reduced delivery times for standard and custom products. Last year we added two new CNC machining centers giving CVD in-house capabilities for long lead sub-components. Additional investments in engineering and manufacturing will further increase production capacity in 2001.

Our reinvestment puts CVD in a unique position to offer improved delivery times at competitive prices over our competition. As substrate quality has improved in the compound semiconductor (opto-electronics) market, we are seeing a fast transition from 50mm to 150mm wafers. Customers that thought they would get a few more years out of existing tool sets are now looking to upgrade to enable more economical processing of larger wafers.

CVD Equipment Corporation (NASDAQ OTC: CVDE) is a leading manufacturer of critical LPCVD, UHVCVD, MOCVD, LPE, VPE, HVPE and RTP products and services for the Semiconductor, Opto-electronic, Wireless Telecommunications and MEMS markets.

This public announcement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or anticipated results. Investors and potential investors should review carefully the description of the risks and uncertainties which, together with other detailed information about CVD Equipment Corporation (CVD), is contained in the periodic reports that CVD files from time to time with Securities and Exchange Commission.

The risks and uncertainties include, but are not limited to: the ability to successfully integrate acquired assets into CVD Equipment Corporation; CVD's dependence upon the ability to attract and retain qualified personnel; competition and technological changes; the company's dependence upon proprietary technology and the potential need for additional financing.

For further information Contact:
CVD Equipment Corporation, Karen Hamberg, Phone: 631-981-7081, Fax: 631-981-7095 or email: info@cvdequipment.com