Sparton (SPA) 8-K Regulation FD Disclosure

Exhibit 99.1

Nachman Hays Brownstein

A Team of Leaders

NHB Services:

Turnaround and Interim Management

Creditor and Lender Services

Investment Banking

Fiduciary Services

Litigation Consulting, Investigations & Valuations

Another opportunity from NachmanHaysBrownstein, Inc. Refinancing Opportunity moving manufacturing forward Spartan Corporation Aerospace Medical Devices Industrial Government Systems

The Opportunity

· Refinancing of existing lender to support on-going turnaround and growth o $40 million working capital credit line · Eligible AR $25 million · Inventory $58 million · Equipment $20 million cost, $1.7 million net book value · Mortgage or sale/leaseback of the company’;s real estate. o $15 million cross collateralized first lien financing · 8 facilities (6 in US, 1 in Canada, 1 in Vietnam) · 895,000 square feet of office, manufacturing and warehouse space · $25 million estimated market value

The Company: Mid-west based, NYSE listed electronics supplier; $200 million revenue into the aerospace, medical and defense industries.

Current Situation:

· The company has retained NachmanHaysBrownstein, Inc. to assist in raising the capital needed to support its continued turnaround and future growth.

The company has incurred losses for the past two years, but, under a new and experienced management team, is implementing an aggressive turnaround plan, projecting the following sales. Income,and EBITDA for the fiscal years ended 6/30:

Fiscal Year Ended 6/30

$(000) 2009 2010 2011 2012

Sales205,046 195,365 189,004 197,468

Net Income (loss)(13,618) 472 9,073 10,295

EBITDA(9,891) 3,550 11,734 12,777

Building Blocks for the Turnaround

· An experienced turnaround management team led by a CEO with a proven track record

· $8.45 million of cost reduction actions have already been implemented as of February 17, 2009

· A $126 million backlog as of January 2009, equal to 65% of projected next 12 months revenue

· A blue-chip customer base of long standing which respects Sparton’s reputation and expertise

· Two of the Company’s three divisions are profitable, providing a firm foundation for rebuilding the company

· A solid asset base providing collateral for secured financing to fund the on-going turnaround plan

Additional information including a nondisclosure form and financing package may be obtained by contacting:

Adrienne Gaul

Marketing Coordinator

NachmanHaysBrownstein, Inc.

Email: agaul@nhbteam.com

Office: 610.660.0060, ext.221

Facsimile: 610.664.7298

John Keefe

Managing Director

jkeefe@nhbteam.com

Office: 718-625-3800

Mobile:917-270-6765

Howard Brownstein, CTP

Principal

hbrownstein@nhbteam.com

Office: 610.660.0060, ext. 225

Mobile: (215) 280-0194

For accredited investors’ only, as defined by applicable law. This information is entirely that of the Company and has not been verified or audited by NHB.Independent investigation and due diligence is required before making any decisions with regard to the Company described.