CVD Equipment Corporation YTD 2011 Order Levels Reach $15.5M
RONKONKOMA, N.Y., (Business Wire) – March 16, 2011 – CVD Equipment Corporation (Nasdaq: CVV) announces total new orders for 2011 have reached approximately $15.5 Million. The orders are for production and research equipment in the fields of Solar, Aerospace, LED’s and Nanotechnology.
Leonard Rosenbaum, president of CVD Equipment Corporation, states, “We are very pleased by the level of new orders in 2011 for both production and research equipment. It continues to show the growing acceptance of our technology for “Enabling Tomorrow’s Technology” through the sale of production and R&D equipment to industry, research laboratories and universities. As more of our research equipment customers’ transition to production, CVD is in an enabling position to accelerate their production scale up needs and to become a critical part of their business growth success. We will continue to expand our research product offerings and provide optimized production equipment for customer specific needs. We continue to benefit from the worldwide increase in demand for production and research chemical vapor deposition equipment that is used for energy generation, energy savings, nanotechnology and many other applications.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials and coatings for research and industrial applications. CVD offers a broad range of chemical vapor deposition, gas control, and other equipment that is used by customers to research, design and manufacture, solar cells, Graphene, carbon nanotubes, nanowires, LEDs, MEMS, semiconductors, industrial coatings and equipment for surface mounting of components onto printed circuit boards.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release by CVD Equipment Corporation (CVD), as well as information included in oral or other written statements made or to be made by CVD, contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995. Such 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, industry specific and general business conditions, competitive market conditions, success of CVD's growth and sales strategies, possible customer changes in delivery schedules, cancellation of orders, delays in product shipments, delays in obtaining parts from suppliers, failure to satisfy customer acceptance requirements and other risk factors described in CVD’s SEC filings. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof and CVD assumes no obligation to update this press release.
This press release does not constitute an offer to sell or solicitation of an offer to buy any securities. Any such offer may be made only pursuant to the company's prospectus for the offering and only in national and state jurisdictions in which the offering is registered or exempt from registration and via authorized broker-dealers. The securities offered by the prospectus involve a high degree of risk.
For further information please contact our Investor Relations by Phone: (631) 981-7081, Fax: (631) 981-7095 or Email: investorrelations@CVDequipment.com or Karen Hamberg at Email: khamberg@cvdequipment.pairsite.com