Category Archive for : ‘Press Releases’

CENTRAL ISLIP, N.Y., (Business Wire) – January 28, 2021 – The following is a letter from CVD Equipment Corporation President and CEO Emmanuel Lakios:

Dear CVD Shareholders:

As we announced this past Monday, a majority of the Board of Directors voted to make changes in the management of CVD Equipment, replacing Leonard Rosenbaum as President, CEO and Chairman of the Board. I am honored and humbled to have been named President and CEO. Lawrence Waldman has also been elected as non-executive Chair of the Board.

Along with the independent members of the board,

CENTRAL ISLIP, N.Y., (Business Wire) – January 25, 2021 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced that Emmanuel Lakios, a 30-year veteran of the industry, has been named President and CEO, and that Director Lawrence Waldman has been appointed non-executive Chairman of the Board, both replacing Leonard Rosenbaum who had been serving in all three roles.

“All of the independent Board members have made this decision based on our concerns about reduced sales and losses over the last several

CENTRAL ISLIP, N.Y., (Business Wire) – July 14, 2020 – CVD Equipment Corporation (NASDAQ: CVV) today announced that its subsidiary, CVD Materials Corporation (CVDM), will together with Dymax Corporation and Keyence Corporation of America collaborate in an effort to accelerate the development of CVDM’s novel c-VACNT™ Extracorporeal Membrane Oxygenation (ECMO) platform.  ECMO devices are used to add Oxygen and remove Carbon Dioxide from a blood stream during periods when the patient’s lungs are not performing at appropriate levels.  Typically, they are used during heart / lung surgery, but have recently

CENTRAL ISLIP, N.Y., (Business Wire) – November 12, 2019 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced its third quarter 2019 financial results.

CVD third quarter 2019 revenue was $5.7 million as compared to $4.0 million in third quarter of 2018, an increase of $1.7 million or 41.6%. Net loss for third quarter 2019 was $138,009, or $0.02 per diluted share, as compared to a net loss of $2.5 million or $.39 per diluted share in third