CVD Equipment Corporation Acquisition of Assets of Research Incorporated's Research International Division

RONKONKOMA, N.Y., Nov. 12 -- On November 9, 2001, CVD Equipment Corporation (Amex: CVV) (CVD) purchased from Research, Incorporated (RI) substantially all of the assets of the Research International division that operated their Surface Mount Technology (SMT) business.

Len Rosenbaum, President & CEO states, "We, at CVD, are very excited to add Research International's high quality products to our Company. With our expanding marketing, sales, engineering, manufacturing and service capabilities, CVD is uniquely positioned to provide high-quality support and field service to the Research International customer base. We feel our engineering design capabilities will further enhance the SMT designs and products offered."

Research International specializes in solder reflow ovens for the printed circuit board industry and chip scale package industry. Research International started selling solder reflow equipment in the 1980s, and their product line is now marketed throughout the world.

CVD Equipment Corporation (Amex: CVV) 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.

CONTACT: Karen Hamberg of CVD Equipment Corporation, +1-631-981-7081,
fax - +1-631-981-7095