Spire Corp. Retains OEM Capital As Financial Advisor

May 04, 1999 by Jeff Shepard

Spire Corp. (Bedford, MA) recently announced it has retained investment banking firm OEM Capital as its financial advisor to advise the company on its strategic options, which may include a joint venture, merger, the sale of a product line or a business, or all of the company."The variety of growth opportunities available in our three lines of business, coupled with our limited financial resources, has played an important role in our decision to explore all strategic alternatives," stated Chairman and President Roger G. Little. "We look forward to working with OEM Capital in seeking ways to enhance stockholder value as well as to benefit our employees and customers.