Veeco Appoints Dr Sujeet Chand to Its Board of Directors

PLAINVIEW, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) â€" Veeco Instruments Inc. (NASDAQ: VECO) recently announced the appointment of Sujeet Chand, Ph.D., to its Board of Directors. In addition to his vast industry experience and leadership qualities, Dr. Chand was identified through a search process in connection with the Board’s desire for increased diversity.

Dr. Chand, age 63, has served as Senior Vice President and Chief Technology Officer of Rockwell Automation since 2005. From 2001 to 2005, Dr. Chand served as Rockwell Automation’s Vice President, Control Systems. Prior to joining Rockwell Automation, Dr. Chand served as Chief Operating Officer for XAP Corporation from 1999 to 2001 and, from 1988 to 1999, Dr. Chand led research and development at Rockwell Scientific Company, a subsidiary of Rockwell International. Dr. Chand holds a Bachelor of Engineering degree from Osmania University in India and, from the University of Florida, a Masters Degree in Electrical Engineering and a Ph.D. in Electrical and Computer Engineering.

“Dr. Chand brings exceptional technology background to Veeco’s Board that includes more than 30 years of leadership experience,” commented William J. Miller, Ph.D., Veeco’s Chief Executive Officer. “His appointment is of significant importance as we leverage his unique background and perspective. We also strongly believe that improving the Board’s diversity with Sujeet’s appointment enhances creativity, promotes innovation and is in the best interests of our shareholders.”

About Veeco
Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our proven ion beam, laser annealing, lithography, MOCVD, and single wafer etch & clean technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit 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, 2020 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.

Veeco Investor Contact:                                                
Anthony Bencivenga | (516) 252-1438 | investorrelations@veeco.com

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