Press
Release

Significant Growth from New Fiber Laser Products Triggers Investment Across Production, Engineering and Sales in 2010

In addition to doubling its manufacturing capacity capability, SPI is continuing to invest in the
sales channel with a move to a new larger facility in the US in Santa Clara which expands
the applications development capability and improves customer meeting areas and office
facilities. Further investments include improved stocking and product support facilities in Asia
and the opening of a second state of the art application and customer suite in the UK.

At Photonics West, SPI Lasers will showcase new products including the redENERGY single
moded pulsed laser, redENERGY 40W (20kW peak power) pulsed laser and an M2=4 Low
moded 400W micro-welding laser, all of which are proving hugely popular since their initial
launch announcement in June 09.

David Parker, CEO of SPI Lasers added: “Despite the recent global economic downturn we
have managed to increase our order intake and continue extensive product development
plans. To meet these demands we have increased our staffing and facilities to achieve our
ongoing commitments to our customers. SPI will have the ability and facilities to react flexibly
to the demand we are seeing. SPI will be launching new products in each quarter of 2010 as it
extends towards higher powers and uses its growing applications development experience to
bring application dedicated laser solutions to the market.”