On January 19, 2015, Robert S. Lieberman notified Spire Corporation of his intention to resign as Chief Financial Officer and Treasurer of the company so that he can pursue other opportunities. The effective date of his resignation has not yet been determined but will not be later than February 13, 2015. Mr. Lieberman has agreed to continue in this role for such period in order to effectuate a smooth transition to his successor.

Until a successor is appointed, the Company's President and Chief Executive Officer will assume these responsibilities with the support of the Company's finance team.