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| Spire Selects EPP as Exclusive Solar Capital Equipment Representative in Germany and Surrounding Countries |
Company to Establish Regional Test and Demonstration Center in Germany with State-of-the-art Solar Simulator BEDFORD, Mass.--(BUSINESS WIRE)--Dec. 18, 2007--Spire Corporation, (Nasdaq: SPIR), a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules, today announced it has selected Electronic Production Partners GmbH (EPP) as its representative in Germany. EPP will also represent Spire exclusively in Austria, Switzerland and the Benelux countries with non-exclusive coverage in Eastern Europe and beyond. "Europe is the focal point of photovoltaic (PV) demand and we recognize the need to expand Spire's reach and exposure in this critical marketplace. EPP is an excellent firm with a deep background in semiconductor capital equipment and complex electronic systems," said Spire's Chairman and CEO, Roger Little. "Located in Munich, Germany, EPP is at the hub of the world's largest PV market and well positioned to respond quickly to sales and service requests. With strong technical capabilities and years of experience in capital equipment service, EPP can handle the needs of solar production companies throughout the world." "We are thrilled to be working with Spire in the solar market. Their leadership position and innovative technologies are in great demand," said Bryan Burton, managing director of EPP. "EPP brings the local expertise and attention needed to grow market share here and serve the European-based solar manufacturers in their quest to remain market leaders." Spire will establish a Regional Test Center highlighting its newest simulator, the SPI-SUN SIMULATOR(TM) 4600SLP (4600SLP). Introduced earlier this year, the 4600SLP represents the latest technology and is well suited for both crystalline silicon and thin film applications. "The single long pulse of the 4600SLP allows for full saturation of the newest thin film modules and results in a high production rate for module testing. The simulator is the brain of the production line and defines the power at which a module can be sold," said Mark Willingham, Spire's vice president of corporate marketing. "A fully functional 4600SLP will be on site in Munich and available for testing by our customers. It will be invaluable in testing new module designs as well as inspecting imported modules. Verifying the power rating of modules from many countries is critical at this stage of PV, as the demand in Europe pulls in modules from across the world and less developed suppliers." About Electronics Production Partners EPP is a full support distributor based in Munich, Germany. It has been serving the needs of the high tech industry in Europe for 20 years with a focus on service, integrations and applications assistance. About Spire Corporation Spire Corporation is a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules worldwide. Spire also provides high efficiency gallium arsenide solar concentrator cells to systems manufacturers through its wholly owned subsidiary Bandwidth Semiconductor. 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-KSB and other periodic reports filed with the Securities and Exchange Commission.
CONTACT: Spire Corporation SOURCE: Spire Corporation |