<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>fi9360ex991.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
                                                                    Exhibit 99.1

Investor Contact:                       Media Contact:
Bob Connors, CFO                        Neil Torres
Fiberstars, Inc.                        Antenna Group (for Fiberstars)
440-715-1300                            (203) 229-0358

           FIBERSTARS REPORTS Q4 2006 SALES UP 15% ON RECORD EFO SALES

SOLON, Ohio, March 14, 2007--Fiberstars, Inc. (Nasdaq: FBST) today announced
fourth quarter and year 2006 results.

Fourth quarter revenues were $7,191,000, an increase of 15% over sales in the
fourth quarter of 2005 of $6,234,000. The net loss in the quarter was $2,784,000
($0.24 per share), vs. a net loss of $3,535,000 ($0.37 per share) in the fourth
quarter of 2005.

Fiberstars EFO(R) sales for the quarter were $1,486,000 up nearly 5 times
compared to $307,000 for the same quarter a year ago, and up 10% over EFO sales
in the third quarter of 2006.

Revenues for the year were $27,036,000, a decrease of 5% over sales for the year
2005. The loss for the year was $9,650,000 ($0.85 per share), vs. a loss of
$7,423,000 ($0.90 per share) in 2005.

EFO sales for the year 2006 were $4,033,000 compared to $1,527,000 for the year
2005.

The Company finished the year with a balance sheet showing cash and short-term
securities totaling $15,968,000 and total shareholders equity of $30,880,000.
Cash utilization for the year was near forecast levels.

"Sales of EFO for the year were $4,033,000, an increase of 2.6 times 2005 EFO
sales and 15% of total sales," said John Davenport, CEO of Fiberstars. "It was
good to see EFO sales coming from a variety of markets in 2006. We had growth in
our grocery store sales in the U.S., we had strong contributions from Europe and
a good showing in the government sector."

Davenport also noted, "The growth in fourth quarter sales should give us good
momentum going into 2007. As stated previously, we expect EFO sales to show
growth in 2007 and come within the range of $8-12 million as our markets begin
adopting the new EFO energy saving technology. In 2007 we will be expanding our
EFO energy saving offering by including a line of EFO LED products, EFO Control
products and EFO consulting offerings, in addition to our existing EFO Fiber
Optic line."

<PAGE>

"As a result, EFO prospects remain very strong, with our continued progress
within national accounts in grocery stores and retail sectors, as well as
adoption by our existing specification business and the addition of the
government sector in 2006, which will continue into 2007 and expand in 2008."

"Expenses for the year were affected by the initiation of expensing for stock
options under accounting rule FAS 123R, which added over $1 million in expense
in 2007, as well as the implementation of Sarbanes Oxley Section 404
requirements for the first time. The latter added $500,000 in outside consulting
costs and additional audit fees on top of this. Gross profit margins were
impacted by the completion of our restructuring as well as costs associated with
building manufacturing capacity in EFO. We have already seen actions taken by
our new Chief Operational Officer, Eric Hilliard, who we expect to improve 2007
gross profit margins more in line with historical levels. We also have a
heightened management focus on minimizing our utilization of cash in 2007."

Fiberstars management will host a conference call on Wednesday, March 14, 2007
at 11:30 a.m. EDT (8:30 a.m. PDT) to review the fourth quarter financial results
and other corporate events, followed by a Q & A session. Dialing 1-800-507-9434
(US Canada) or 1-706-634-5544 (International/Local) can access the call. The
conference ID number is 1381766. Participants are asked to call the assigned
number approximately 10 minutes before the conference call begins. The
conference call will also be available over the Internet at
http://www.fiberstars.com in the Investor Relations area of the site or by going
to http://www.mkr-group.com. A replay of the conference call will be available
two hours after the call for the following 7 days by dialing 1-800-642-1687 and
entering the following pass code: 173277. Also, an instant replay of the
conference call will be available over the Internet at http://www.fiberstars.com
as of March 15, 2007 and will remain available for 1 year in the Investor
Relations area of the site or by going to http://www.mkr-group.com.

                                ABOUT FIBERSTARS

      Fiberstars, Inc., (NASDAQ: FBST) is the leading supplier of fiber optic
lighting and the world's only supplier of EFO, a lighting technology which is
more efficient than conventional electric lamps. Fiberstars products are
designed, manufactured and marketed for the commercial lighting, sign and
swimming pool, and spa markets. Fiberstars fiber optic lighting provides energy
savings, aesthetic, safety and maintenance cost benefits over conventional
lighting. Customers include supermarket chains, retail stores, fast food
restaurants, theme parks and casinos, hotels, swimming pool builders, spa
manufacturers and many others. Company headquarters are located at 32000 Aurora
Rd., Solon, OH 44139. The Company has additional offices in Pleasanton, CA, New
York City, United Kingdom and Germany. For more information, see
www.fiberstars.com.

                                       2
<PAGE>

      Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include statements regarding the goals and business
outlook for 2007 and thereafter, future pool market sales, the expected growth
of and percentage of the company to be represented by EFO, expected product
development and introductions, expected overall sales growth and profitability.
Investors are cautioned that all forward-looking statements involve risks and
uncertainties. Actual results may differ materially from the results predicted.
Risk factors that could affect the Company's future include, but are not limited
to, a slowing of the U.S. and world economy and its effects on Fiberstars'
markets, failure to develop marketable products from new technologies, failure
of EFO or other new products to meet performance expectations, unanticipated
costs of integrating acquisitions into the Fiberstars operation, delays in
manufacturing of products, increased competition, other adverse sales and
distribution factors and greater than anticipated costs and/or warranty
expenses. For more information about potential factors which could affect
Fiberstars financial results, please refer to Fiberstars' SEC reports, including
its Annual Report on Form 10-K for the year ended December 31, 2006, and its
quarterly reports on Form 10-Q. These forward-looking statements speak only as
of the date hereof. Fiberstars disclaims any intention or obligation to update
or revise any forward-looking statements.

                                       3
<PAGE>

                                FIBERSTARS, INC.
                           CONSOLIDATED BALANCE SHEETS
                             (amounts in thousands)

<TABLE>
<CAPTION>
                                                        December 31,    December 31,
                                                            2006            2005
                                                        ------------    ------------
<S>                                                     <C>             <C>
ASSETS
Current assets:
   Cash and cash equivalents                            $      3,705    $      5,554
   Short-term investments                                     12,263          18,024
   Accounts receivable trade, net                              6,185           6,287
   Inventories, net                                            7,708           7,722
   Prepaids and other current assets                             324             879
                                                        ------------    ------------
       Total current assets                                   30,185          38,466

Fixed assets, net                                              5,978           3,422
Goodwill, net                                                  4,247           4,135
Other assets                                                     182             186
                                                        ------------    ------------
       Total assets                                     $     40,592    $     46,209
                                                        ============    ============

LIABILITIES
Current liabilities:
   Accounts payable                                     $      4,202    $      2,623
   Accrued expenses                                            1,671           3,924
   Credit line borrowings                                      1,124              47
   Current portion of long-term bank borrowings                  731             342
                                                        ------------    ------------
       Total current liabilities                               7,728           6,936
Long-term bank borrowings and liabilities                      1,984           1,089
                                                        ------------    ------------
       Total liabilities                                       9,712           8,025
                                                        ------------    ------------

SHAREHOLDERS' EQUITY
Common stock                                                       1               1
Additional paid-in capital                                    53,841          52,452
Unearned stock-based compensation                                ---            (397)
Cumulative translation adjustments                               601              41
Retained earnings (accumulated deficit)                      (23,563)        (13,913)
                                                        ------------    ------------
       Total shareholders' equity                             30,880          38,184
                                                        ------------    ------------
           Total liabilities and shareholders' equity   $     40,592    $     46,209
                                                        ============    ============
</TABLE>

                                       4
<PAGE>

                                FIBERSTARS, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                 (amounts in thousands except per share amounts)

<TABLE>
<CAPTION>
                                                          Three months ended             Twelve months ended
                                                             December 31,                    December 31,
                                                     ----------------------------    ----------------------------
                                                         2006            2005            2006            2005
                                                     ------------    ------------    ------------    ------------
<S>                                                  <C>             <C>             <C>             <C>
Net sales                                            $      7,191    $      6,234    $     27,036    $     28,337
Cost of sales                                               5,372           4,031          19,251          17,711
                                                     ------------    ------------    ------------    ------------
          Gross profit                                      1,819           2,203           7,785          10,626

Operating expenses:
     Gross research and development                           898           1,336           3,556           4,485
     Deduct credits from government contracts                 (78)           (662)         (1,215)         (2,295)
                                                     ------------    ------------    ------------    ------------
          Net research and development                        820             674           2,341           2,190
     Sales and marketing                                    2,642           2,276           9,774           9,595
     General and administrative                             1,038             811           4,956           3,135
     Restructuring expense                                    ---           2,017             734           3,120
                                                     ------------    ------------    ------------    ------------
          Total operating expenses                          4,500           5,778          17,805          18,040
                                                     ------------    ------------    ------------    ------------
              Loss from operations                         (2,681)         (3,575)        (10,020)         (7,414)

Other income (expense):
     Interest and other income (expense), net                 113              86             483             100
                                                     ------------    ------------    ------------    ------------
          Loss before income tax                           (2,568)         (3,489)         (9,537)         (7,314)
Benefit from (provision for) income taxes                    (216)            (46)           (113)           (109)
                                                     ------------    ------------    ------------    ------------
          Net Loss                                   $     (2,784)   $     (3,535)   $     (9,650)   $     (7,423)
                                                     ============    ============    ============    ============
Net loss per share - basic and diluted               $      (0.24)   $      (0.37)   $      (0.85)   $      (0.90)
                                                     ============    ============    ============    ============
Shares used in computing net income per share -
 basic and diluted                                         11,392           9,651          11,385           8,223
                                                     ============    ============    ============    ============
</TABLE>

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