"There is an extraordinary amount of solar-related activity going on in Western Australia and there is great potential for large-scale PV projects," said Mr. Little. "With $1.6 billion of funding allocated over six years to support construction and demonstration of large-scale solar power stations in Australia, there has never been a better time to jump into the PV industry in this region."

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 Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

SOURCE: Spire Corporation

Spire Corporation 
Roger G. Little, 781-275-6000 
Chairman & CEO

Spire and UNICOR have a strong relationship. Not only does Spire supply UNICOR with solar cells for the Spire-installed turnkey PV module factory in Otisville, New York, but the two companies recently entered into a teaming agreement for Federal Solar Systems. This collaboration strengthens Spire's presence in the federal market and provides UNICOR with the engineering support needed to provide quality systems to their customer base.

"Spire is widely known for putting new companies into the solar PV business, but also known for allowing a company to evolve with the growth of their needs and the growth of the market," said Roger G. Little, Chairman and CEO of Spire Corporation. "UNICOR demonstrated this by transitioning from an entry-level factory, to become an even more successful and higher capacity facility."

UNICOR's Julie Rozier, Public Information Officer said, "We look forward to working with Spire as we expand our operation. Spire's module manufacturing lines provide a renewable energy source for our customers, and offers constructive, technical training and job skills experience for inmates."

UNICOR - Federal Prison Industries, Inc.

UNICOR is a self-sustaining corporation, established in 1934, operating at no cost to the taxpayer, to provide voluntary, real world, work programming for federal inmates. An integral part of the Bureau of Prisons, UNICOR contributes to the safety and security of our Nation's Federal Correctional Facilities by keeping inmates constructively occupied; produces market-priced, quality goods and services for sale to the Federal Government; studies indicate program participants are 24% less likely to recidivate, and are 14% more likely to be gainfully employed upon re-entry into society.

About Spire Corporation

Spire Corporation is a global solar company providing turnkey production lines and capital equipment to manufacture PV modules and systems worldwide. Spire Semiconductor provides processing technology for Spire's silicon solar cell manufacturing lines and produces and sells custom gallium arsenide cells for solar concentrator systems. For corporate or product information, contact Spire Corporation, "The Turnkey Solar Factory Company," 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 Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

SOURCE: Spire Corporation

Spire Corporation 
Roger G Little, 781-275-6000 
Chairman & CEO

For the first time, Mr. Little will wear a MyAthlete(TM) real-time athlete tracking device. The two-ounce waterproof gadget is designed for the toughest marathon, triathlon, multi-sport and adventure race and is about the size of a matchbox car. It allows anyone with a computer or web-enabled cell phone or handheld device to track the location, speed, distance, and elevation of Mr. Little in real-time through the course of this Ironman World Championship Triathlon competition.

It's race time, where is Mr. Little?

To watch live coverage of the event, track Mr. Little during his race, or to get his results, visit: http://spirecorp.com/company/roger-little/index.php

About Spire Corporation

Spire Corporation is a global solar company providing turnkey production lines and capital equipment to manufacture PV modules worldwide. Spire Semiconductor provides processing technology for Spire's silicon solar cell manufacturing lines and produces and sells custom gallium arsenide cells for solar concentrator systems. For corporate or product information, contact Spire Corporation, "The Turnkey Solar Factory Company," 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 Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

SOURCE: Spire Corporation

Spire Corporation 
Roger G. Little, 781-275-6000 
Chairman & CEO

Additionally, Uni-CHEM has agreed it will form a US entity, which will purchase 51% of Spire Solar Systems, Spire Corporation's system integration business, subject to definitive documentation. Such definitive agreements have not yet been finalized.

Roger G. Little, Chairman and CEO of Spire Corporation, said, "We are excited to have finalized the cell and module turnkey manufacturing agreements with Uni-CHEM. We believe their cell and module manufacturing will position them to participate in the US solar market, which is anticipated to be one of the world's fastest growing. The total value of the contracts, including those relating to the investment in the systems integration business, is approximately $60 million."

About Uni-CHEM Co., Ltd.

Uni-CHEM Co., Ltd. (Korea Stock Exchange: 011330.KS) produces and markets leather products for Korea's major automakers and luxury goods companies such as Burberry and Coach. It was formerly known as Shinjin Leather Industrial Co., Ltd. and changed its name to Uni-CHEM Co., Ltd. in April 2000. The company was founded in 1974 and is based in Ansansi, South Korea. For more information, visit: www.uni-chem.net.

About Spire Corporation

Spire Corporation is a global solar company providing capital equipment to manufacture PV modules and turnkey manufacturing lines. 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 Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

SOURCE: Spire Corporation

Spire Corporation 
Rodger W. LaFavre, 781-275-6000 
Chief Operating Officer