Chinese Energy Specialists to Tour Spire; Study Tour to Focus on Photovoltaic Business and Technology.

BEDFORD, Mass. -- Spire Corporation (Nasdaq: SPIR) today announced that it has been selected as a destination by the China Renewable Energy Development Project (REDP) on their study tour of the United States. Fifteen representatives from the REDP will visit Spire on Friday, March 10. The aim of the study tour is to increase the photovoltaic (PV) business and technical knowledge of REDP participants and foster an information exchange between the study tour participants and renewable energy colleagues and practitioners from the U.S.

Sponsored by the Global Environment Facility and the World Bank, REDP aims to establish sustainable markets for wind and photovoltaic technologies in China in order to supply electricity in economical and environmentally sustainable ways and increase access of isolated rural populations to electricity services. Renewable energy sources in China have been produced only in small-scale, pilot programs, outside the main electricity supply. A long-term goal of the project is to bring down future supply costs for solar PV, allowing further commercial development of PV technologies.

The main interests of the study tour participants are to view working applications of PV technologies; discuss testing and standardization issues; view module fabrication facilities as well as service and installation companies; and obtain a well-rounded view of the photovoltaic market in the U.S.

Mr. Roger G. Little, Chairman and CEO of Spire Corporation, said, "Spire is pleased to share our business and technical experience with the visitors from the China Renewable Energy Development Project. We provide a full range of tools that have enabled many companies to enter the PV market and we will demonstrate these capabilities and share our expertise."

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. 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.