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Veeco Instruments Inc. (Nasdaq: VECO) today announced that it has appointed William A. Tomeo, 56, to the position of Executive Vice President of Worldwide Sales and Service, which includes global field sales, account management, customer service and field support for all domestic and international Veeco customers.
Mr. Tomeo brings to Veeco over 35 years of sales, marketing and general management experience with some of the world's leading technology companies. He joins Veeco from JDSU, where he most recently served as Vice President/General Manager of the Service Assurance Solutions Division of the Communications Test business. Mr. Tomeo's extensive technology industry experience also includes a key marketing role at Agilent Technologies, and over 20 years at Hewlett Packard, where he served as Vice President, Marketing & Worldwide Sales for the Communications Test Solutions Group. Mr. Tomeo has also served as President and CEO of several start-up high technology companies during his career.
Veeco also announced that John K. Bulman, formerly Senior Vice President of North American and Sector Sales for Veeco, will retire at the end of 2007.
John R. Peeler, Veeco's Chief Executive Officer, commented, "Bill will play a key leadership role in further developing Veeco's worldwide sales and service organization to ensure that we maximize growth opportunities in the HB-LED/wireless, data storage, semiconductor and scientific research/industrial markets. He brings to Veeco a proven track record of leading global high-tech sales organizations and developing direct and indirect channel strategies to efficiently align with a diverse product portfolio and market exposure similar to Veeco's. We intend to strengthen our sales and service organization's competitive advantage and increase customer satisfaction. In addition to welcoming Bill to the Veeco management team, I would like to take this opportunity to thank John Bulman for his many years of service to the Company."
About Veeco Instruments Inc.
Veeco Instruments Inc. provides solutions for nanoscale applications in the worldwide data storage, semiconductor, HB-LED/wireless and scientific research markets. Our Metrology products are used to measure at the nanoscale and our Process Equipment tools help create nanoscale devices. Veeco’s manufacturing and engineering facilities are located in New York, New Jersey, California, Colorado, Arizona and Minnesota. Global sales and service offices are located throughout the United States, Europe, Japan and Asia Pacific. Additional information on Veeco can be found at http://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, 2006 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.
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Veeco Instruments Inc.
Debra Wasser, 1 516-677-0200 x1472
SVP Investor Relations & Corp. Comm.
Fran Brennen, 1 516-677-0200 x1222
Senior Director Marcom
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