Veeco Appoints Keith Jackson to Board of Directors

PLAINVIEW, N.Y.--()--Veeco Instruments Inc. (Nasdaq: VECO) announced that Keith Jackson has been appointed to its Board of Directors.

Mr. Jackson, age 56, currently serves as President, Chief Executive Officer (CEO) and Director of ON Semiconductor (Nasdaq: ONNN), a global supplier of high performance silicon solutions for energy-efficient electronics. ON Semiconductor recently reported annual revenues of approximately $3.4 billion, and has 20,000 worldwide employees.

John R. Peeler, Veeco's Chief Executive Officer, commented, "Keith brings a strong technology background to Veeco’s Board that includes more than 30 years in the semiconductor industry. His leadership experience and dedication to the markets he serves make Keith an ideal board member. We welcome Keith and believe he will quickly become a valued advisor and partner in Veeco's future growth."

Mr. Jackson joined ON Semiconductor in 2002. During his tenure, the Company has successfully completed nine corporate acquisitions and increased revenue by more than $2 billion annually. Before joining ON Semiconductor, Mr. Jackson served as Executive Vice President and General Manager, Analog, Mixed Signal and Configurable Products Groups at Fairchild Semiconductor Corporation, a company that delivers energy-efficient semiconductor solutions for power and mobile designs. From 1996-1998, he served as President and was a member of the board of directors of TriTech Microelectronics Ltd. in Singapore, a manufacturer of analog and mixed signal products. Mr. Jackson has served on the board of directors of the Semiconductor Industry Association since 2008. He received his B.S. degree in Electrical Engineering and his M.S. in Electrical Engineering from Southern Methodist University.

About Veeco

Veeco makes equipment to develop and manufacture LEDs, solar cells, hard disk drives and other devices. We support our customers through product development, manufacturing, sales and service sites in the U.S., Korea, Taiwan, China, Singapore, Japan, Europe and other locations. Please visit us at www.veeco.com.

To the extent that this news release discusses expectations 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 risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2011 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

Contacts

Veeco Instruments Inc.
Financial Contact:
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications

Contacts

Veeco Instruments Inc.
Financial Contact:
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications