CVD Equipment 1st Half Orders Reach All-Time High of $24.6M

CVD Equipment Corporation CVV announced record orders of approximately $24.6M for the six (6) months ended June 30, 2011, an increase of 165% compared to $9.3M for the 6 months ended June 30, 2010. Orders continue to be booked at high levels, as the Company received approximately $8.4 of new orders for the three (3) months ended June 30, 2011, also a record high for a quarter ended June 30. Orders for the twelve (12) months ended June 30, 2011 were $40.4M, an increase of 193% compared to $13.8M for the 12 months ended June 30, 2010. The orders received in the 6 and 12 month periods surpass those of all previous 6 and 12 month periods respectively. Orders received by the CVD/FN division for the 6 months ended June 30, 2011 were $22.0M, an increase of 195% compared to $7.4M for the 6 months ended June 30, 2010. The CVD/FN division continues to benefit from the worldwide increase in demand for production and research Chemical Vapor Deposition equipment for higher performance in the fields of Solar, Aerospace, Energy, LEDs, as well as for R&D for next generation technology in many applications.