CVD Equipment Corporation receives $2.5 Million of Orders for First Nano Products
RONKONKOMA, N.Y., (Business Wire) – September 28, 2010 – CVD Equipment Corporation (Nasdaq: CVV) announced today that our CVD/First Nano Division has received orders during the month of September 2010 for approximately $2.5 million from a number of institutions including the University of Illinois, National Institute of Standards and Technology, and Oak Ridge National Laboratory for products sold under our EasyTube™, EasyGas™ and EasyExhaust™ brand. CVD continues to benefit from the increased acceptance of our First Nano products throughout the world.
Our First Nano product line addresses the need for technologically advanced tools to perform Research and Development in the production of thin film coatings and/or nano size materials requiring precise process parameter control. The applications for our research line products include Carbon Nanotubes, Graphene, Nanowires, Semiconductor layers, and other processes used in the Nanotechnology, Solar, Energy and Semiconductor markets.
Using our Application Laboratory, we continue to perfect and expand the multiple areas where our research and production equipment solutions can be applied to the next generation of advanced materials. The Nanotechnology, Solar, Energy and Semiconductor markets offer our products significant growth opportunities because they deliver advanced performance at an affordable price.
It is gratifying to see that our product strategy of offering a family of technologically advanced research equipment is being recognized by technology innovators throughout the world and being used to accelerate the commercialization needs of tomorrow’s technologies. When we collaborate with these technology innovators, our equipment design and manufacturing skills, along with our understanding of complex system integration and hardware/process interactions, enables a lower risk, higher value process solution, a winning situation for all parties.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials and coatings for research and industrial applications. CVD offers a broad range of chemical vapor deposition, gas control, and other equipment that is used by customers to research, design and manufacture semiconductors, solar cells, carbon nanotubes, nanowires, LEDs, MEMS, industrial coatings and equipment for surface mounting of components onto printed circuit boards.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release by CVD Equipment Corporation (CVD), as well as information included in oral or other written statements made or to be made by CVD, contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, industry specific and general business conditions, competitive market conditions, success of CVD's growth and sales strategies, possible customer changes in delivery schedules, cancellation of orders, delays in product shipments, delays in obtaining parts from suppliers, failure to satisfy customer acceptance requirements and other risk factors described in CVD’s SEC filings. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof and CVD assumes no obligation to update this press release.