Business Editors

WOODBURY, N. Veeco's
manufacturing and engineering facilities are located in New York , New
Jersey, California, Colorado, Arizona and Minnesota.

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MOCVD and MBE are the two critical
epitaxial deposition steps that determine compound semiconductor
device brightness and frequency.veeco. IFS Applications, which can be
implemented step by step, is based on web and portal technology.

Scientific instruments and supplies used to do physics research and/or labs.

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Mr. provides solutions for nanoscale
applications in the worldwide semiconductor, data storage, compound
semiconductor/wireless and scientific research markets. CHICAGO, IFS announced today that Tosoh America,
Inc.newscom.
Tosoh SMD is one of the world's leading manufacturers of sputtering
targets used in the manufacturing of semiconductors and flat-panel displays.

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Y.----Veeco Instruments
Inc., Veeco's President and Chief Operating Officer.

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Research organization Strategies
Unlimited currently forecasts that HB-LED sales will increase 15% per
year to $7 billion by 2009."
Veeco Instruments Inc.
(Logo: http: //www.
The sputtering targets deposit thin films of aluminum, titanium, tantalum,
chrome, molybdenum , and an array of metal alloys, principally using physical
vapor deposition (PVD) techniques.

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Paul , MN.com/

To the extent that this news release discusses expectations about
market condition , market acceptance and future sales of Veeco's
products, Veeco's future financial performance or disclosures, or
otherwise makes statements about the future, such statements are
forward-looking and are subject to a number of risks and uncertainties
that could cause actual results to differ materially from the
statements made. Tosoh is considering additional IFS implementations at other
manufacturing sites both in the United States and abroad. Founded in 1935, the Company has expanded its
reach into high value-added businesses such as fine chemicals, scientific
instrumentation , thin film materials, and quartzware. More information is available at
http://www.

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(Nasdaq: VECO ) today announced that it has appointed Richard
Wissenbach as Senior Vice President, General Manager for its Compound
Semiconductor/Epitaxial Process Equipment Group.
Prior to joining Veeco, Mr.

Mr.
Our Metrology products are used to measure at the nanoscale and
our Process Equipment tools help create nanoscale devices. Within
two to three days after the go-live, we were back up to full capacity in
shipping.

IFS Applications is a trademark of IFS Industrial and Financial Systems.com

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com/cgi-bin/prnh/20030320/IFSLOGO)
Tosoh is running IFS' supply chain management, financial, workforce
management, and customer relations management applications at its Ohio
facility. Tosoh is a
multibillion-dollar corporation that employs more than 9,000 people worldwide
and is listed on the Tokyo Exchange.com.

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Veeco's 2004 aggregate revenue from these sites exceeded $93
million, more than doubling prior year results (including the impact
of an acquisition ); primarily due to the growth of high-brightness
light emitting diodes (HB-LEDs) used in color display and keyboard
backlighting in cell phones, as well as automotive, large area TV and
specialty lighting applications. "IFS Applications is designed for global companies such as Tosoh,
and our software provides industry-specific support for Tosoh's key markets,
including process manufacturing, high -tech, automotive, and health sciences.tsmd.

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The Group includes
Veeco's TurboDisc metal organic chemical vapor deposition (MOCVD)
operation in Somerset, NJ and its molecular beam epitaxy (MBE)
operations in St.

For additional information, contact:
Chris Jensen, President , Jensen Market Relations
Phone: +1 714 847-7846
Fax: +1 714 847-4856
E-mail: chris@jensenmarket.

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Wissenbach received his
MS in Biomedical Engineering from Rensselaer Polytechnic Institute and
his BSEE from Northeastern University.
Edward H."

About Tosoh Corporation
Headquartered in Tokyo, Japan, Tosoh Corporation is a global chemical and
specialty materials company. More information is available at
http://www.

About Tosoh SMD, Inc.

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These factors include the challenges of continuing
weakness in end market conditions and the cyclical nature of the
compound semiconductor/wireless, data storage, semiconductor and
research markets, risks associated with integrating acquired
businesses and the acceptance of new products by individual customers
and by the marketplace and other factors discussed in the Business
Description and Management's Discussion and Analysis sections of
Veeco's Annual Report on Form 10-K, subsequent Quarterly Reports on
Form 10-Q and current reports on Form 8-K . "We're pleased that the
implementation went smoothly, with little disruption to our business.

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The continued
penetration of HB-LEDs beyond cell phones, in large area TV,
automotive, high resolution displays and eventually general lighting
applications, represents a significant Veeco equipment growth
opportunity.

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Targets can be made in all shapes, sizes,
and purity levels to meet design specifications.
All other referenced company or product names are trademarks or registered
trademarks of their respective owners.

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Veeco Names SVP/General Manager of Compound Semiconductor Operations

Every
new system has a learning curve, but with IFS it was extremely short. The company is listed on the
Stockholm Stock Exchange (XSSE: IFS).

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tosoh.

About IFS and IFS Applications(TM)
IFS develops and supplies component-based business applications for medium
and large enterprises and organizations.

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Braun, Veeco's Chairman and Chief Executive Officer,
commented , "Dick's management experience and leadership ability
strengthens this important Veeco business segment . Tosoh America is a subsidiary
of Tosoh Corporation, a global chemical and specialty materials company based
in Tokyo.

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"IFS Applications is a fully integrated system that provides both
back -office and customer relationship management capabilities to our sales
representatives in the field ," said Gerardo Gonzalez, Corporate Director of
Information Technology for Tosoh America, Inc. They can also be used in the
manufacturing of magnetic recording media, recording heads, thermal print
heads, displays, and thin-film resistors.

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, has implemented IFS Applications(TM) business software at its Tosoh SMD,
Inc. The solution
offers 60+ enterprise application components used in manufacturing , supply
chain management, customer relationship management, service provision,
financials, product development, maintenance and human resource
administration.
IFS is a leading global business applications supplier with sales in 45
countries and more than 350,000 users worldwide.com

IFS' Web: http://www.

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Wissenbach reports to Don
Kania, Ph.

Tosoh Begins Global Rollout of IFS Business Software with Ohio Implementation

"
"The implementation at Tosoh SMD's main manufacturing facility in Grove
City represents the first step in what we expect to be a long, mutually
beneficial relationship with Tosoh," said Cindy Jaudon, president of IFS North
America.ifsworld.

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Wissenbach 's most recent positions
were as Vice President, General Manager, E-Beam Defect Review Division
for KLA-Tencor in San Jose, CA and Vice President, Motion Group/PacSci
for Danaher Corporation in Wilmington , MA.D.com.

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Global sales and
service offices are located throughout the United States, Europe,
Japan and Asia Pacific. Additional information on Veeco can be found
at http://www., manufacturing plant in Grove City, Ohio. IFS offers customers an easier, more open alternative.