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November 17, 2009

Spire Corporation Celebrates 40 Years of Innovation

BEDFORD, MA – November 17, 2009

Spire Corporation (Nasdaq: SPIR), a global solar company providing capital equipment to manufacture photovoltaic (PV) modules, turnkey manufacturing lines, and solar PV systems announced it is celebrating its 40th birthday.

Spire Corporation has been a pioneer in development, promotion, and commercialization of PV for solar energy. Spire can be credited with introducing the concept of distributed module manufacturing, which has been critical for the expansion of solar energy worldwide.

Mr. Roger G. Little, the Chairman and CEO, founded Spire Corporation in 1969, making it one of the first PV companies in the world. Today, Spire is a leading provider of photovoltaic module manufacturing equipment and turnkey production lines with over 200 customers in nearly fifty countries.

“I can still remember sketching the idea for Spire on a dinner napkin long before solar energy became a major global industry. It pleases me to think how far it has come.” said Mr. Little.

“I have always been proud of Spire employees and appreciate their contributions to making Spire what it is today,” continued Mr. Little. “We are a family, and I want to thank everyone for helping achieve this dream and helping me to maintain it for forty years. Here’s to another forty.”

About Spire Corporation
Spire Corporation is a global solar company providing capital equipment to manufacture PV modules, turnkey manufacturing lines and solar PV systems. Spire Semiconductor provides processing technology for Spire’s silicon solar cell lines and produces gallium arsenide cells for solar concentrator systems. For corporate or product information, contact Spire Corporation at 781-275-6000, or visit www.spirecorp.com.

Contact
Roger G. Little
Chairman & 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.

 

 

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