31.08.2010 22:00:00

Graphene Laboratories Inc. and CVD Equipment Corporation Offer Single-Layer CVD Graphene Products

CVD Equipment Corporation (NASDAQ: CVV), and Graphene Laboratories, Inc., today launched a new line of Chemical Vapor Deposited (CVD) Graphene products. These products include large-area single layer graphene films grown on copper foils or copper-coated wafers. This is the first truly two dimensional material that has become commercially available on the market. CVD Equipment Corporation will manufacture single-layer CVD grown graphene based materials and products and Graphene Laboratories, Inc. will provide marketing of the new products with the CVDGraphene™ trademark for sale worldwide.

Graphene is a novel carbon nanomaterial film that is only one atom thick and has unique electrical and mechanical properties as well as supreme stability and durability. CVD grown Graphene is projected to be used for production of Graphene-based electronics, sensors, micro-electro-mechanical systems (MEMS), solar batteries, etc. The commercial availability of truly two-dimensional graphene film easily compatible with the scaling requirements of the semiconductor industry, leads to a new generation of graphene-based computers and electronics. In particular, this technology could result in the development of high-frequency computer chips with greatly reduced power consumption.

"We are excited to offer single-layer CVD grown Graphene products. We have received many requests regarding this product from researchers and engineers from around the globe. Finally, it has become commercially available,” said Dr. Elena Polyakova, President and CEO of Graphene Laboratories, Inc. "We truly believe this is a critical milestone on the road of large-scale production of graphene-based products.”

CVD’s Equipment Corporation’s Application Laboratory provides process development and material growth services for a wide range of advanced nanomaterials, i.e. Carbon Nanotubes, Silicon and other Nanowires, CVD Graphene, Transparent Conducting Oxide (TCO) materials and other CVD processes. It hosts a range of CVD research and production equipment that will be utilized for CVD Graphene production.

"CVD Equipment Corporation is focusing on enabling the commercialization of tomorrow’s technologies,” says Karlheinz Strobl, VP of Business Development for CVD Equipment Corporation. "By leveraging the process development and manufacturing capabilities of our Application Laboratory and by collaborating with Graphene Laboratories, Inc. on CVD Graphene based product developments we believe we can shorten the time to market for a range of already existing and future "nanoenabled” products. Together, we are able to offer and ship a growing array of CVD Graphene products. With the newly developed CVDGraphene™ manufacturing process on copper foils we can now support a larger base of customer requests working in the electronic, solar, bio and medical fields.”

About Graphene Laboratories, Inc.

Graphene Laboratories, Inc. (www.graphenelab.com) is a spinout of Columbia University, a leading center for Graphene studies. The primary goal of Graphene Laboratories, Inc., located in the heart of Boston’s high-tech area, is to apply fundamental science and technology to bring functional Graphene materials and devices to market. The Company was founded by a group of experts in the field of nanomaterials, who possess extensive experience in characterization of structural and electronic properties of Graphene and deep fundamental and practical knowledge of processing Graphene-based materials. Graphene Laboratories Inc. also operates the Graphene SupermarketTM (www.graphene-supermarket.com) website facilitating the marketing and sales of Graphene products to customers around the globe.

For further information please contact Elena Polyakova, Tel: (516) 382-8649, E-mail: elena.polyakova@graphenelab.com. To order CVD Graphene products or discuss your application visit our Graphene SupermarketTM: www.graphene-supermarket.com

About CVD Equipment Corporation

CVD Equipment Corporation (NASDAQ: CVV) is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials and coatings for research and industrial applications. It offers a broad range of chemical vapor deposition, gas control, and other equipment that is used by customers to research, design and manufacture semiconductors, solar cells, carbon nanotubes, nanowires, LEDs, MEMS, industrial coatings and equipment for surface mounting of components onto printed circuit boards. It also operates an Application Laboratory, which develops and manufactures a range of nano and CVD based materials and develops related processes and manufacturing solutions.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release by CVD Equipment Corporation ("CVDEC”) as well as information included in oral or other written statements made or to be made by CVDEC, contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995. 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, industry specific and general business conditions, competitive market conditions, success of CVDEC's growth and sales strategies, possible customer changes in delivery schedules, cancellation of orders, delays in product shipments, delays in obtaining parts from suppliers, failure to satisfy customer acceptance requirements and other risk factors described in CVDEC’s SEC filings. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof and CVDEC assumes no obligation to update this press release.

For further information regarding CVD please contact Investor Relations by Phone: (631) 981-7081, Fax: (631) 981-7095 or Email: investorrelations@CVDequipment.com or visit our website at www.CVDequipment.com/

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