CENTRAL ISLIP, N.Y., (Business Wire) – April 15, 2019 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, today announced the supply of customized chemical vapor deposition systems to Swiss watch manufacturer TAG Heuer.
The CARBON PLUS™ system, a FirstNano® product, is the second system that CVD has supplied to meet TAG Heuer’s specification. CVD’s CARBON PLUS™ systems are used by TAG Heuer in La Chaux de Fonds, Switzerland, for the nanotechnology development and the in-house research and production of carbon composites.
TAG Heuer’s carbon composite watch hairsprings are used in the new Carrera Calibre Heuer 02T Tourbillon Nanograph.
CVD has supplied FirstNano® systems for more than 15 years. Carbon nanotubes, a subset of carbon composites, essentially rolled up sheets of graphene, have superior structural properties for many applications. CVD continues to advance the state-of-the-art in nanomaterial synthesis and production as part of its ongoing strategy of enabling tomorrow’s technologies™.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. This equipment is used by its customers to research, design, and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, solar cells, smart glass, carbon nanotubes, nanowires, LEDs, MEMS, and other applications. Through its application laboratory, the Company provides process development support and process startup assistance with the focus on enabling tomorrow’s technologies™. It’s wholly owned subsidiary CVD Materials Corporation provides advanced materials and metal surface treatments and coatings to serve demanding applications in the electronic, 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 included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as “forward-looking statements, “as such 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. 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, conditions, success of CVD Equipment Corporation’s growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of orders, potential delays in product shipments, delays in obtaining inventory parts from suppliers and failure to satisfy customer acceptance requirements.
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