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To: semi_infinite who wrote (267)	2/8/2002 9:10:12 AM
From: J Fieb	Respond to of 640

Friday February 8, 7:03 am Eastern Time Press Release SOURCE: Veeco Instruments Inc. Veeco Receives Multiple System Order For Molecular Beam Epitaxy Systems WOODBURY, N.Y.--(BUSINESS WIRE)--Feb. 8, 2002--Veeco Instruments Inc. (NASDAQ: VECO - news) announced today that it has received a multiple system order totaling $7.0 million for its Applied Epi molecular beam epitaxy (MBE) systems during January from an international customer. Veeco's recent acquisition of Applied Epi provides access to a broader wireless customer base for production of active telecommunications devices. According to David Reamer, President of Veeco-Applied Epi, ``This large international order clearly illustrates the value of our merger with Veeco in gaining access to a worldwide sales and support network. In addition, this order further establishes our position as the world's leading supplier of MBE equipment. The GEN2000(TM) and GEN200(TM) orders indicate that as companies invest in production MBE equipment, they are choosing our silicon-style cluster tool systems.'' The GEN2000 and GEN200 systems are the first in the compound semiconductor market to integrate MBE and ultra-high vacuum technologies with proven cluster tool design concepts from the silicon manufacturing industry. The GEN2000 is the world's only production-proven 7x6`` wafer system, and the one selected by IQE for Motorola's GaAs-on-silicon production process. The smaller footprint 4x4'' GEN 200 is ideal for integrated optoelectronic applications. Veeco Instruments Inc. is a worldwide leader in process equipment and metrology tools for the optical telecommunications/wireless, data storage, semiconductor and research markets. Manufacturing and engineering facilities are located in New York, California, Colorado, Arizona and Minnesota. Global sales and service offices are located throughout the United States, Europe, Japan and Asia Pacific. Additional information on Veeco can be found at veeco.com. To the extent that this news release discusses expectations about market conditions or about market acceptance and future sales of Veeco's products, or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the cyclical nature of the telecommunications/wireless, data storage and semiconductor industries, risks associated with the acceptance of new products by individual customers and by the marketplace, and other factors discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Report on Form 10-K and Annual Report to Shareholders.