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Industry Veteran Joins CVD Equipment as VP of Sales and Marketing

CVD Equipment Corporation (NASDAQ: CVV; "CVD"), announced today that it has hired Michael J. Gray as Vice President of Sales and Marketing. Mr. Gray will head up all sales and marketing functions for the Company, working from the Ronkonkoma, NY headquarters.

Prior to joining CVD, Mr. Gray was employed by Innov-X Systems, Inc., a maker of X-Ray Fluorescence analyzers, where he held the position of Vice President of Sales and Marketing. In addition to his 25 years of technical sales experience, Mr. Gray has demonstrated executive responsibility in sales, marketing and customer support with firms such as JEOL, KLA-Tencor, and General Signal for more than 15 years.

Mr. Gray is looking forward to helping CVD get to the next level. “CVD is in a great position and I am joining at a highly opportune moment. The Company has a long history of world class technology, yet this is still an opportunity with tremendous upside as we are on the ground floor of some of the most exciting new advanced technology opportunities. I am very excited about my future with CVD.”

Leonard Rosenbaum, president of CVD said, "We are very pleased to have a sales executive of Michael’s stature join CVD. Having spent time at the working, management and executive levels of sales and marketing, we expect Michael to assist us in developing, articulating and clearly communicating the message of CVD’s technology leadership for the Semiconductor, LED, Nanowire, NanoTube, Energy and Thin Film markets.”

CVD Equipment Corporation owns and operates three divisions: Together the CVD and First Nano product groups form the CVD/First Nano Division. The CVD product group designs and builds pilot and production Chemical Vapor Deposition processes for a multitude of applications and serves primarily the industrial and solar/energy markets. The First Nano product group manufactures the EasyTube equipment product line used by researchers around the world to develop and grow a wide variety of next generation Nanowire, Nanotube and Thin Film Materials. The CVD/First Nano Division also operates an Application Laboratory where it develops advanced processes and solutions to facilitate the commercialization of emerging technologies in solar/nano and green field. The Stainless Design Concepts Division manufactures Ultra High Purity (UHP) gas and chemical delivery systems for state-of-the-art Semiconductor fabrication, Solar, Energy and Research and offers complete gas and chemical delivery product lines. The Conceptronic Research International Division supplies reflow ovens and rework stations to the Printed Circuit Board assembly market and ball attach ovens to the back-end semi-conductor packaging industry. It also develops custom industrial inline oven based systems that process materials with controlled gas atmospheres and temperature profiles.

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