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Spire Receives DOE Grant to Develop LED Based Solar Simulator

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^{Published in Science and Technology on Monday, June 28th 2010 at 13:15 GMT by Market Wire}  

BEDFORD, Mass.--([ BUSINESS WIRE ])--[ Spire Corporation ] (Nasdaq: SPIR), an American global solar company providing capital equipment and turnkey manufacturing lines to produce photovoltaic (PV) modules worldwide, today announced it has been selected by the Department of Energy (DOE) as the recipient of a Small Business Innovation Research grant to develop a light emitting diode (LED) based solar simulator.

"Wea™re pleased that DOE selected Spire for this grant"

Spire is a major producer of solar simulators using pulsed light lamp light sources; this project will develop a next generation solar simulator, based on LED technology. An LED based system could provide advantages of accuracy, reliability, versatility and cost. Spectral, intensity and spatial uniformity variations could be achieved easily with system software and control electronics.

aWea™re pleased that DOE selected Spire for this grant,a said Roger G. Little, Chairman and CEO of Spire Corporation. aOur simulators are used by most major module manufacturers throughout the world and numerous international testing facilities, so we continuously strive to improve and advance the technology.a

About Spire Corporation

[ Spire Corporation ] is an American global solar company providing capital equipment and turnkey production lines to manufacture PV modules world wide.

Certain matters described in this press 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.