Spire Solar Systems: U.S. GSA Contract
BEDFORD, Mass., May 04, 2010 -- Spire Corporation /quotes/comstock/15*!spir/quotes/nls/spir (SPIR 3.50, -0.22, -5.91%) , an American global solar company providing capital equipment and turnkey production lines to manufacture photovoltaic (PV) modules, and Engineering, Procurement and Construction (EPC) integration services for solar systems through its Spire Solar Systems operation, announced today that it has been awarded a United States General Services Administration (GSA) contract and is now listed on GSA's Schedule 56, under Special Identification Number (SIN) 206-3, as a Small Business entity.
The GSA Schedule 56 is a contract listing prices the Government has agreed to pay for Spire Solar Systems' products and services, an approach to purchasing which is favored by most federal buyers. This contract allows the Federal Government customers to complete contracts with Spire quickly and easily.
Spire Solar Systems continues to build its position in federal PV systems with new awards. It also has an important teaming agreement with UNICOR, a Department of Justice module and systems provider and teaming agreements with a service disabled veteran-owned small business and a woman-owned small business. The GSA approval and these associations position Spire Solar Systems to offer many different approaches to federal solar PV system requirements.
Roger G. Little, Chairman and CEO of Spire Corporation, said, "GSA approval is an important stepping stone for our systems operation. We are intent upon becoming a major player in the federal systems business taking advantage of our position as an American company. The GSA small business status approval will expedite our ability to gain federal contracts."
About Spire Corporation
Spire Corporation, voted 2009's Turnkey PV Manufacturing Line Company of the Year, is an American global solar company providing EPC integration services for solar systems through its Spire Solar Systems operation, and capital equipment and turnkey production lines to manufacture PV cells and modules.
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 Form 10-K and other periodic reports filed with the Securities and Exchange Commission.
Roger G. Little, 781-275-6000
Chairman & CEO