Large Order from Central Bank

July 30, 2013

Spectra Systems Corporation

("Spectra Systems")

Spectra Systems Receives Large Order from Central Bank

Spectra Systems, a leading provider of advanced technology solutions for banknote and product authentication, is pleased to announce that it has received as anticipated a significant order to supply its current machine-readable banknote authentication materials to a major central bank. The order has a value of $10M and will be delivered in the 12 month period commencing in August 2013.

Commenting on the above, Nabil Lawandy, CEO of Spectra Systems, stated: "We are pleased to announce this significant order which largely underpins our revenue expectations for 2013. The maintenance of a large supply of back-up inventory of our materials by the Central Bank is indicative of the importance of our products as well as their long term use".

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700

WH Ireland Limited

Chris Fielding (Head of Corporate Finance) Tel: +44 (0) 20 7220 1650