Spire Corporation Appoints Dr. Christian Dufresne As CFO

BEDFORD, Mass.--(BUSINESS WIRE)--May 24, 2006--Spire Corporation (Nasdaq: SPIR - News), today announced that Dr. Christian Dufresne has been appointed to the position of Chief Financial Officer, replacing James F. Parslow. Dr. Dufresne has been with Spire for six years. Most recently, he has served as Vice President - Corporate Planning at Spire Corporation, and has previously held the position of Chief Financial Officer of Spire Biomedical. In his role as Vice President - Corporate Planning, Dr. Dufresne has taken a leadership role in defining the strategic direction of the Company and also led the Company’s recent financing. In his new position he will continue to focus on development and execution of strategies for corporate growth.

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