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StockerYale Introduces the SpecBright™ Family of LED Modules

Designed for Applications Requiring High-Brightness

Salem, NH, May 3, 2004 - - StockerYale, Inc. (NASDAQ: STKR), a leading independent provider of photonics-based products, today announced the introduction of the SpecBright™ family of LED (light-emitting diode) modules. This group of products will target the expanding machine vision, security, UV curing and biomedical markets.

SpecBright™ LED modules include four different product offerings namely arealights, linelights, ringlights, and spotlights. "Each group will cater to a wide array of precision vision and biomedical applications, in addition to new areas which we plan to penetrate such as long distance night vision with the introduction of our compact, high power infrared spotlight," stated Mark W. Blodgett, President and Chief Executive Officer.

System developers are demanding greater flexibility when selecting illumination systems, and are specifically interested in products that offer the highest brightness, reliability, and compactness. These are all characteristics that StockerYale envisioned when designing the SpecBright™ family of LED modules. StockerYale's capabilities include various optical computer simulation tools and advanced proprietary LED test and measurement methods. "Our success with LED technologies is due to specialized expertise in a number of areas, including the selection and/or design of thermally efficient substrates, the design of lensing and diffusing systems, the design of cooling systems for extremely high power illuminators, and the science of LED lifetime" Blodgett added.

Recent developments in LED technology and packaging allow StockerYale to offer the SpecBright™ family in a range of UV and IR wavelengths in addition to the conventional visible spectra. These new UV wavelengths are of particular interest to the UV curing, tracing and fluorescence communities. The Company also offers a range of accessories to complement and control the modules including heatsinks, and stabilized power sources.

The SpecBright™ family of LED modules will be introduced in booth #312, from May 9-11, at the Vision Show East tradeshow, in Boston, Massachusetts.

About StockerYale

StockerYale, Inc., headquartered in Salem, New Hampshire, is an independent designer and manufacturer of structured light lasers, LED modules, and specialty optical fibers for industry leading OEMs. In addition, the company manufactures fluorescent lighting products and phase masks. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, telecommunication, sensors, and medical markets.

StockerYale has offices and subsidiaries in the U.S. , Canada , and Europe. For more information about StockerYale and their innovative products, visit the company’s web site at www.stockeryale.com or contact StockerYale, Inc., 32 Hampshire Road, Salem, NH, 03079. Call 800-843-8011; Fax 603-893-5604; Email: .

Notice to Investors:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact, including without limitation, those with respect to StockerYale's goals, plans and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uncertainty that cash balances may not be sufficient to allow StockerYale to meet all of its business goals; uncertainty that StockerYale's new products will gain market acceptance; the risk that delays and unanticipated expenses in developing new products could delay the commercial release of those products and affect revenue estimates; the risk that one of our competitors could develop and bring to market a technology that is superior to those products that we are currently developing; and StockerYale's ability to capitalize on its significant research and development efforts by successfully marketing those products that the Company develops. Forward-looking statements represent management's current expectations and are inherently uncertain. You should also refer to the discussion under "Factors Affecting Operating Results" in StockerYale's annual report on Form 10-KSB for additional matters to be considered in this regard. Thus, actual results may differ materially. All Company, brand, and product names are trademarks or registered trademarks of their respective holders. StockerYale undertakes no duty to update any of these forward-looking statements.