Spire Commissions Photovoltaic Module Manufacturing Line for EMMVEE Solar Systems in India

BEDFORD, Mass.--(BUSINESS WIRE)--April 24, 2006--Spire Corporation (Nasdaq: SPIR), today announced that it has completed installation and commissioning of a SPI-Line(TM) turnkey photovoltaic (PV) module assembly line for EMMVEE Solar Systems Private Limited of Bangalore, India, one of Asia's leading manufacturers of solar energy products.

The fully automated manufacturing facility has equipment from Spire for solar cell stringing and lay-up, lamination and module testing as per IEC standards with a plant capacity of 15 megawatts. EMMVEE's technical staff received extensive training at Spire's facility in Bedford, Massachusetts. The EMMVEE plant in India is now fully operational with the flexibility to manufacture a variety of PV modules from solar cells, conforming to international specifications, to meet the growing global demand for solar energy. The total production from this manufacturing plant will be available for export.

“Spire is pleased to provide the equipment with embedded processes that enable EMMVEE to enter the rapidly expanding market for PV modules. With their new manufacturing line in place and their new process knowledge, EMMVEE is well-positioned to compete with leading PV module manufacturing companies in the US and Europe.”

Mr. D.V.Manjunatha, Managing Director of EMMVEE, praised Spire for its prompt service and said, "With the addition of this PV module plant, EMVEE will become a global player in harnessing solar energy for a cleaner, greener and safer environment for future generations."

Mr. Roger G. Little, Chairman and CEO of Spire Corporation, said, "Spire is pleased to provide the equipment with embedded processes that enable EMMVEE to enter the rapidly expanding market for PV modules. With their new manufacturing line in place and their new process knowledge, EMMVEE is well-positioned to compete with leading PV module manufacturing companies in the US and Europe."

ABOUT EMMVEE

EMMVEE Solar Systems Private Limited is a diversified company and a leader in the manufacture of solar heating systems in India. It has also installed a modern glass toughening plant of Tamglass, Finland, and a glass patch and edge cutting machine supplied by Z. Beviloni, Italy. For more information visit www.emmveesolar.com.

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.