CVD Announces Expansion of its Materials Business

(Nanowerk News) CVD Equipment Corporation announced today the expansion of the materials portion of its business. These materials will be marketed through its wholly owned subsidiary, CVD Materials Corporation, ("CVD Materials").
Leonard Rosenbaum, President of CVD Equipment Corporation, stated, "We believe that now is the right time to build on the processing capability, material manufacturing, marketing and business growth success of our Application Laboratory which continues to open new business opportunities in both traditional and non traditional chemical vapor deposition related markets. We will further develop our in-house next generation material manufacturing capabilities and capacities and expand our marketing and sales efforts directly to researchers and innovators at Universities, Government and Industrial R&D facilities that are working on application development for tomorrow's next generation products in Semiconductors, Solar, Batteries, Capacitors, Water Filtration, Catalysts Composites, and other traditional and non-traditional chemical vapor deposition applications through CVD Materials. These applications will primarily utilize Graphene, Carbon Nanotubes (CNT), Nanowires (NW), and other 1D, 2D and 3D surface and surface area enhanced materials. CVD Materials Corporation will primarily focus on 1) Contract CVD related process development, 2) Research material manufacturing, 3) CVD and other nano enabled material manufacturing licensed from third parties and 4) on CVD Equipment Corporation's proprietary materials and material processing platforms."
Karlheinz Strobl, Vice President of Business Development, further states, "We expect that this business model extension will help to accelerate the commercialization of tomorrow's technologies and will bring future Equipment, Material Manufacturing and Joint Venture business opportunities to CVD Equipment Corporation. This expansion of the Application Laboratory will further accelerate the commercialization of tomorrow's technology and our "Sustainable Growth with Low Risk" business strategy."
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) is a designer and manufacturer of custom and standard 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 semiconductors, solar cells, graphene, carbon nanotubes, nanowires, LEDs, MEMS, smart glass coatings, battery and/or ultra capacitor materials, medical coatings, industrial coatings and equipment for surface mounting of components onto printed circuit boards.
Source: CVD Equipment Corporation (press release)
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