CVD Supplies U.S. Naval Research Laboratory with 2D Semiconductor Deposition Equipment

November 21, 2017

CENTRAL ISLIP, N.Y.–(BUSINESS WIRE)–CVD Equipment Corporation (NASDAQ: CVV),
a leading provider of chemical vapor deposition systems, today announced
the supply of next generation 2D semiconductor deposition equipment to
the U.S. Naval Research Laboratory (NRL).

Earlier this year, CVD Equipment Corporation (CVD) was awarded a
contract to supply NRL with advanced
deposition equipment to further their research in novel 2D
transition metal dichalcogenide (TMD, TMDC) materials. The equipment
was received at the customer’s facility last month.

Dr. Berend Jonker, Senior Scientist at the Materials Science &
Technology Division of NRL, stated “the capabilities of CVD Equipment
Corporation allowed us to specify exactly what we needed for our
deposition equipment to develop new and innovative processes to optimize
the synthesis and properties of this emerging class of atomically thin
materials.”

CVD has shipped multiple systems for the synthesis of 2D TMDs this year,
with more 2D TMD deposition systems in backlog and due to ship in 2018.
CVD works closely with customers in the design phase to ensure adherence
to specifications and requirements of end users. CVD’s vertically
integrated engineering and manufacturing capabilities enable
application-specific equipment that can be configured to suit a
customer’s distinct research and production needs.

2D TMD semiconductors, including molybdenum disulfide (MoS2),
tungsten diselenide (WSe2), and more exotic materials such as
bismuth telluride (Bi2Te3), are the subject of
vigorous research and development. CVD’s equipment provides the ability
to produce atomically thin 2D films of optoelectronic semiconductor
materials with diverse physical properties that are not achievable in
bulk semiconductors. Exciting applications include flexible electronic
and optoelectronic devices, biosensors, battery technology,
valleytronics, and spintronics.

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
their 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™.
Its 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.