"Congratulations to the companies that made this year's Globe 100," said Shirley Leung, Boston Globe business editor. "2008 was a tough year. The list truly reflects the best of Massachusetts business -- from technology to retail to other services – and how success can be created in a challenging environment."

Roger G. Little, Chairman and CEO of Spire Corporation, said, “We are quite pleased with Spire’s positioning with respect to its continuing commitment to building shareholder value evidenced by our recent ranking of Massachusetts based public companies. Spire will continue to look for opportunities in the marketplace to maximize returns for our shareholders.”

About Spire Corporation

Spire Corporation is a global solar company providing turnkey production lines and capital equipment to manufacture photovoltaic modules and cells worldwide. Spire Semiconductor provides processing technology for Spire’s silicon solar cell manufacturing lines and produces and sells custom gallium arsenide cells for solar concentrator systems. For corporate or product information, contact Spire Corporation, “The Turnkey Solar Factory Company,” at 781 275 6000, or visit www.spirecorp.com.

Contact

Roger G. Little

Chairman and CEO

781-275-6000

Certain matters described in this news release may be forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the risk of dependence on market growth, competition and dependence on government agencies and other third parties for funding contract research and services, as well as other factors described in the Company's Form 10 K and other periodic reports filed with the Securities and Exchange Commission.

# # #