CVD Announces Expansion Plans for Tantaline in US

Guía de Regalos

CENTRAL ISLIP, N.Y.–(BUSINESS WIRE)–CVD Equipment Corporation (NASDAQ:CVV),
a leading provider of chemical vapor deposition systems, announced today
that its CVD Materials Corporation subsidiary plans to open a US
facility for expansion of the corrosion resistant coating services
currently offered through its Tantaline CVD ApS subsidiary in Nordborg,
Denmark. Tantaline A/S was originally founded in 2007 as a spin off from
The Danfoss Group and is an established leader in the commercialization
of tantalum-treated parts for corrosion resistance. CVD acquired the
assets and IP of Tantaline A/S in December 2016 and established in
Nordborg a new and wholly-owned CVD subsidiary operating under the name
Tantaline CVD ApS (“Tantaline®”).

This innovative tantalum chemical vapor coating technology, called
Tantaline® treatment, is used to create a tantalum alloy surface on high
performance parts including valves, fittings, autoclaves, process
chambers, flow reactors, fasteners, mixers, flowmeters, and medical
devices, as well as other parts that are prone to corrosion in harsh
environments. A broad range of industries including chemical processing,
oil & gas, mining, pharmaceutical, and medical use these parts.
Tantaline® treated parts outperform most high priced specialty alloys
and perform nearly at the level of solid tantalum parts in hot corrosive
acidic environments (>150° C) such as those exposed to sulfuric, nitric,
and hydrochloric acids as part of their production process. Tantaline®
treatment therefore provides corrosion resistance at a much lower cost
than solid tantalum parts.

Leonard Rosenbaum, President and CEO stated “We are extremely pleased
with the pace of integration and early performance of Tantaline CVD ApS.
This planned expansion will further CVD’s corrosion resistant technology
and applications base and provide additional services and capabilities
to new and existing customers. We are now considering where in the US to
locate the new facility. Our equipment know-how and proven ability to
scale up deposition processes will be leveraged into offering high value
added materials, as well as our traditional products and services to our
current and new customers. This is the first step in our combined
organic and acquisition growth initiative for 2017.”

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 our
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 CVD Materials Corporation
and our application
laboratory
, we provide material coatings, process development
support, and process startup assistance with the focus on enabling
tomorrow’s technologies
™.

About Tantaline®

Tantaline® is a producer of surface alloys for corrosion resistance in
harsh environments. Through its innovative tantalum surface alloy
technology, Tantaline® delivers the most corrosion resistant coating
that is commercially available today. With superior corrosion
performance and affordability compared to nickel alloys, titanium, and
zirconium metals, Tantaline® helps businesses, ranging from global
manufacturers to laboratories, reduce costs, increase productivity, and
improve safety. Tantaline®`s coating expertise is applicable in
industries such as chemical processing, mining, oil & gas, energy, and
medical industries. Additional information can be found at www.tantaline.com.

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.

Contacts

CVD Equipment Corporation
Gina Franco, 631-981-7081
Fax:
631-981-7095

investorrelations@cvdequipment.com
sales@cvdequipment.com