CVD Equipment Corporation Filing of Form 10-Q Delayed As A Result of Superstorm Sandy
RONKONKOMA, N.Y., (Business Wire) – November 14, 2012 - (NASDAQ:CVV– News) CVD Equipment Corporation (“CVD”), a leading provider of custom chemical vapor deposition systems, today announced that due to a loss of power for an extended period of time caused by Superstorm Sandy, the Company has been granted additional time, by the Securities and Exchange Commission, to file its Form 10-Q for the quarter ended September 30, 2012. Although the Company did not sustain any physical damage to its facilities, the company headquarters was without electric, heat or communications services for a protracted period of time which has delayed the completion of its Form 10-Q.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) is a designer and manufacturer of custom and standard 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, graphene, carbon nanotubes, nanowires, LEDs, MEMS, smart glass coatings, batteries, ultra capacitors, medical coatings, industrial coatings and equipment for surface mounting of printed circuit components. Through its Application Laboratory and its CVD Materials Corporation subsidiary it is also working on accelerating the introduction of nano material into a range of products and applications
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, 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.
For further information please contact CVD Investor Relations by Phone: Karen Hamberg (631) 981-7081, Fax: (631) 981-7095 or Email:investorrelations@CVDequipment.com