Veeco and JNC Open Nanoscience Center in Bangalore, India

WOODBURY, N.Y.--(BUSINESS WIRE)--July 26, 2005--Veeco Instruments Inc. (Nasdaq: VECO), a leading supplier of instrumentation to the nanoscience community, today announced that it is establishing a nanotechnology center in Bangalore, India. The facility will be staffed with local scientists and engineers and equipped with Veeco's latest Atomic Force Microscope (AFM), Scanning Tunneling Microscope (STM) products and other advanced nanotechnology application modules. The Veeco-India Nanotechnology Laboratory will be jointly operated with the Jawaharlal Nehru Center for Advanced Scientific Research (JNCASR). The JNC promotes scientific research in interdisciplinary areas of science and engineering.

John Bulman, Veeco's Executive Vice President, Worldwide Sales and Foreign Operations, commented, "This new Veeco-India Nanotechnology Laboratory in Bangalore represents Veeco's further commitment to support our R&D customers throughout the world in critical regions of nanoscience research. Now researchers and scientists in India will have access to state-of-the-art Veeco products. We continue to see nanotechnology as a strong growth opportunity for Veeco, given the continued government spending around the globe."

“We anticipate continued growth of nanoscience research applications in India and are excited about embarking on this joint and collaborative effort with the JNC and other nanoscience institutions in India.”

According to Prof. C.N.R. Rao, Honorary President of the JNCASR, "Nanotechnology and nanoscience are important opportunities for India. The Indian government has made major allocations for nanotechnology between 2002 and 2007. A nanoscience initiative of the Department of Science and Technology (Government of India) that began in 2003 has identified and is working with more than 30 R&D institutions to identify prospective nanotechnology products that can be commercialized. Having access to the appropriate state-of-the-art instruments is critical to future nanotechnology developments in India."

Michael Weiss, Veeco's Vice President and General Manager for Asia, added, "We anticipate continued growth of nanoscience research applications in India and are excited about embarking on this joint and collaborative effort with the JNC and other nanoscience institutions in India." Mr. Weiss and Prof. Rao will oversee the Veeco-India Nanotechnology Laboratory. Professor G.U. Kulkarni of JNCASR will function as an advisor and Mr. C. Venkatram Dattu has been appointed as the local Veeco manager responsible for day-to-day activities of the Lab.

The Veeco-India Nanotechnology Laboratory is officially scheduled to open with a ribbon-cutting ceremony on July 27th. The Laboratory is located at Jawaharlal Nehru Center for Advanced Scientific Research (JNCASR), Jakkur Campus, Bangalore-560 054, India and can be reached at +91 80 2362 2747.

About the JNC

The Jawaharlal Nehru Centre for Advanced Scientific Research was established in 1989 by the Department of Science and Technology, Govt. of India. Its main objective is to promote scientific research at the highest level in frontier and interdisciplinary areas of science and Engineering. The Centre was envisioned and founded by Prof. CNR Rao, Honorary President and Linus Pauling Professor, JNCASR. The Centre maintains close links with the Indian Institute of Science. Further information about the JNC can be found at

About Veeco

Veeco Instruments Inc. provides solutions for nanoscale applications in the worldwide semiconductor, data storage, HB-LED/wireless and scientific research markets. Our Metrology products are used to measure at the nanoscale and our Process Equipment tools help create nanoscale devices. Veeco's manufacturing and engineering facilities are located in New York, New Jersey, 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

To the extent that this news release discusses expectations about market condition, market acceptance and future sales of Veeco's products, Veeco's future financial performance, future disclosures, 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 challenges of continuing weakness in end market conditions and the cyclical nature of the compound semiconductor/wireless, data storage, semiconductor and research markets, risks associated with integrating acquired businesses and 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 Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and current reports on Form 8-K .


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