Removal of Regulation S Restrictions from Stock

Spectra Systems Corporation

(the "Company")

Removal of Regulation S restrictions from shares of common stock

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication and brand protection technologies, announces that restrictive legends have been removed from a further 11,313 shares of common stock of the Company.

As a result, these share have transferred from the Regulation S stock line ISIN number USU8457D1091 (AIM:SPSC) into the unrestricted line ISIN number US84756T1060 (AIM:SPSY).

The Company's issued share capital now comprises:

614,537 shares in the Regulation S stock line ISIN number USU8457D1091 (AIM:SPSC); and

45,256,760 shares in the unrestricted line ISIN number US84756T1060 (AIM:SPSY).

Enquiries:

Spectra Systems Corporation

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

WH Ireland Limited

Chris Fielding, Managing Director, Corporate Finance Tel: +44 (0) 20 7220 1650