the new office will be commited to the growing green energy market

According to the the company, Veeco completed the highest bookings quarter in its history, with demand mainly from LED manufacturers in China, Taiwan and S. Korea, who had purchased Veeco’s TurboDisc MOCVD equipment to ramp up and expand their manufacturing capacities.

Veeco’s 4Q09 revenues are currently forecasted to be between $120-$130 million, with earnings per share between $0.29 and $0.35 on a non-GAAP basis, above analyst expectations. Veeco’s 2009 revenue guidance is now $353-$363 million, up from previous guidance of $310-$325 million.

Veeco’s vice president Peter Collingwood further noted that the new office will be commited to the growing green energy market, and the company will also strengthen its scientific research. The testing lab area in the new facility has been expanded to 3 times its previous size.

The City of Naperville has been monitoring Borealis LED high bay lights since June and they will continue to do so until January 2010.between Country Club Boulevard and Fairway Drive. The city’s Department of Public Works is monitoring seven 120 watt Borealis LED high bay lights with a like number of 350 watt high pressure sodium (HPS) LED high bay lights. One meter in the LED high bay lights controller monitors the power consumption of the LED lighting, with a second meter monitoring the power consumption of the HPS lighting. To date, measured results from the study have tabulated Borealis led high bay light have consumed 57.2% less energy than the HPS LED high bay lights. The meter readings have also indicated that the Borealis LED high bay lights monthly energy consumption was 382 while the HPS was 892.