Spire Offers 100 Megawatt Turnkey Solar Module Production Line

BEDFORD, Mass.—(BUSINESS WIRE)—Sept. 5, 2006— Spire Corporation (Nasdaq: SPIR) introduces a 100 megawatt turnkey solar module production line. The new turnkey manufacturing line includes all the equipment needed to produce solar photovoltaic modules with an output of 100 megawatts per year, as well as comprehensive training, process technology, automation and support. This module production line complements the Company's integrated manufacturing systems for producing solar photovoltaic cells, modules and silicon wafers. The new production line has been developed in response to customers who are seeking to produce state-of-the-art modules for large photovoltaic installations.

Roger G. Little, Chairman and CEO of Spire Corporation, said, "The market for solar modules is growing rapidly and Spire is developing products to enable customers to take advantage of these new business opportunities. Our 100 megawatt turnkey production line enables the rapid expansion of enterprises seeking to capitalize on the demand for solar-produced electricity."

ABOUT SPIRE CORPORATION

Spire Corporation is a worldwide leader in developing and providing innovative solar energy manufacturing equipment. Spire is the world's only equipment and technology supplier that manufactures all the equipment in-house for an entire module production line. Spire offers full, turnkey solutions for wafer, cell and module manufacturing equipment and supplies custom photovoltaic systems. For more information visit www.spirecorp.com.

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-KSB filed with the Securities and Exchange Commission.



Contact:
Spire Corporation
Stephen J. Hogan, 781-275-6000



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