The American Reinvestment and Recovery Act of 2009 (ARRA) has authorized the Department of Treasury to award $2.3 billion in tax credits for qualified investments in advanced energy projects to support new, expanded, or re-equipped domestic manufacturing facilities. The time-critical preliminary application is due to the Department of Energy (DOE) September 16, 2009 and the final application is due October 16, 2009; all applicants will be notified of their respective tax credit award by January 15, 2010.

Spire Solar has distinguished itself as a US supplier of turnkey PV module and cell lines, including domestically manufactured equipment. A key advantage of Spire Solar's photovoltaic equipment, made locally in the US, is it adds to evaluation points for indirect job creation.

Having participated in numerous Department of Energy programs over the company's 40 year history, much of Spire Solar's DOE activities have addressed the development of advanced PV equipment and technology. Such experience has allowed Spire Solar to continuously provide the leading edge manufacturing technology to its extensive customer base.

In support of the ARRA applications, Spire Solar can provide specific factory designs, factory management assistance, analysis of job creation from factory installations, plant and facility design, factory siting guidance, and manufacturing cost analysis for business plan input. Spire Solar's input is valuable for those newly pioneering this sector in America, those aiming to enhance their present manufacturing lines, and for foreign companies wishing to contribute to the rapidly expanding US PV market.

"Spire Solar offers a great advantage to applicants of the MTC," said Roger G. Little, Chairman and CEO of Spire Corporation. "We have compiled dynamic factors needed to support applicants wanting to successfully achieve approval for the $2.3 billion tax credits." Mr. Little continued, "Not only is Spire's turnkey equipment American-made, but earlier this year, we launched a Succeed in America campaign and have been focusing a substantial amount of our efforts on creating US jobs."

For more information on the MTC and using Spire Solar's expertise, visit our Succeed in America page at: http://spirecorp.com/spire-solar/spire-services-and-support/succeed-in-america.php.

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.

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 Form10-K and other periodic reports filed with the Securities and Exchange Commission.

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