Spire Corporation

Roger G. Little, 781-275-6000

Chairman & CEO

Logo: http://www.spirecorp.com

Spire Corporation (Nasdaq: SPIR) today announced that it has entered into a contract with Prosperity Solar Power, Inc. of Taipei City, Taiwan to provide Spire's ten megawatt turnkey photovoltaic (PV) module manufacturing production line. This will be the first large photovoltaic module production line established in Taiwan.

Prosperity Solar Power selected Spire based on Spire's experience in developing the processes and building the equipment needed for efficient manufacture of high quality, photovoltaic modules, as well as Spire's comprehensive training and service support. The production line includes equipment for solar cell testing, stringing and lay-up, lamination, framing, and module testing. Spire will also provide process training as well as a conceptual plant layout design.

"Prosperity Solar Power is establishing a ten megawatt module production line in Q1 of 2007," said Mr. Dennis Ting, Chairman of Prosperity Solar Power. He continued, "Prosperity Solar Power and its associated companies seek to become one of the key players in photovoltaic module production. Spire is the leader in providing photovoltaic module turnkey systems and they are the best choice to provide us with equipment as we establish and grow our business."

Mr. Roger G. Little, CEO and Chairman of Spire Corporation, said, "Spire is pleased to be selected by Prosperity Solar Power to provide them with this ten-megawatt production line. The demand for photovoltaics continues to expand in Taiwan and elsewhere around the world, and Spire offers the experience and products to help companies, such as Prosperity Solar Power, take advantage of this growing market opportunity."

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.