January 31, 2023

CVD Equipment Corporation Receives Production System Order to Support 5G Wireless Technology


CENTRAL ISLIP, NY, March 29, 2022–(BUSINESS WIRE)–CVD Equipment Corporation (NASDAQ: CVV), a leading supplier of chemical vapor deposition systems, today announced that it has received an order for a plasma-enhanced chemical vapor deposition (PECVD) production system valued at approximately $1 million. This PECVD200 system will be used for the production of discrete semiconductor devices on 200mm wafers to support 5G wireless technology. CVD expects to deliver this system before the end of this calendar year.

The configurable cluster tool platform accommodates up to three (3) PECVD process modules for increased production anywhere, depositing carbon-based materials on 200mm wafers. The process module features advancements in multi-zone heating and temperature stabilization for optimal deposition uniformity. In addition, the PECVD200 system will be SECS/GEM (Semiconductor Equipment Communications Standard/Generic Equipment Model) compliant to enable defined communication capabilities for monitoring and controlling equipment in a foundry. This advanced PECVD200 system launches a new cluster tool product platform for the company, compliant with international communication standards enabling high-volume manufacturing of discrete electronic components.

“CVD continues to solidify its position in the growth and deposition of carbon materials and we are proud to have been selected to provide this system and technology, as it aligns with our strategic growth objectives serving the products of production application,” said Emmanuel Lakios, President. and CEO of CVD Equipment Corporation.

About CVD Equipment Corporation

CVD Equipment Corporation (NASDAQ: CVV) designs, develops and manufactures a wide range of chemical vapor deposition, gas control and other advanced process equipment and solutions used to develop and manufacture materials and coatings for research and applications industrial. This equipment is used by its customers to research, design and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, battery nanomaterials, solar cells, smart glass, carbon nanotubes , nanowires, LEDs, MEMS and other applications. Through its application laboratory, the Company provides process development support and process start-up assistance with a focus on enabling the technologies of tomorrow™. Its wholly-owned subsidiary, CVD Materials Corporation, provides advanced materials and metal surface treatments and coatings to meet demanding applications in the electronics, biomedical, petroleum, pharmaceutical and many other industrial markets.

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information contained in this press release (as well as information contained in oral or other written statements made or to be made by CVD Equipment Corporation) contains forward-looking statements. All statements other than statements of historical fact are hereby identified as “forward-looking statements”, as that term is defined in Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. This 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, market and business conditions, the COVID-19 pandemic, the success of CVD Equipment Corporation’s growth and sales strategies, the possibility of customer changes in delivery, cancellation or lack of orders, potential delays in product shipments, delays in obtaining in-stock parts from suppliers, and failure to meet customer acceptance requirements. Past performance is not a guarantee of future results.

enabling the technologies of tomorrow™

www.cvdequipment.com | www.cvdmaterialscorp.com | www.stainlessdesign.com

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220329005132/en/


Thomas McNeill, Executive Vice President and Chief Financial Officer
Telephone: (631) 981-7081
Fax: (631) 981-7095
Email: [email protected]

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