Veeco Appoints Kathleen Bayless to Its Board of Directors

PLAINVIEW, NY--(Marketwired - July 21, 2016) - Veeco Instruments Inc. (NASDAQ: VECO) today announced the appointment of Kathleen Bayless to its Board of Directors and its Audit Committee.

From 2009 until her retirement in 2015, Ms. Bayless served as Senior Vice President and Chief Financial Officer of Synaptics, a leader in human interface technology, including touch, display and biometric semiconductor products used in the mobile, PC and automotive industries. Before Synaptics, Ms. Bayless spent 13 years at Komag Incorporated, a leading supplier of thin-film disks to the hard disk drive industry, where she served as Executive Vice President, Secretary and Chief Financial Officer. Prior to Komag, Ms. Bayless served 15 years with Ernst & Young. She holds a Bachelor of Science degree from California State University Fresno and is a certified public accountant.

"I am pleased to welcome Kathleen to Veeco's Board," commented John R. Peeler, Veeco's Chairman and Chief Executive Officer. "In addition to Kathleen's extensive financial and technology industry experience, her expertise in international operations and acquisitions will be an asset to our Board. We look forward to the contributions she will make."

About Veeco

Veeco's process equipment solutions enable the manufacture of LEDs, displays, power electronics, compound semiconductors, hard disk drives, semiconductors, MEMS and wireless chips. We are the leader in MOCVD, MBE, Ion Beam, Wet Etch single wafer processing and other advanced thin film process technologies. Our high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. For information on our company, products and worldwide service and support, please 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, 2015 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.