American Superconductor Corporation has added a news release to its Investor Relations website.

Date: 2/12/2008 7:30:00 AM

For a complete listing of our news releases, please click here

    --  More Than 20 Electric Utilities Worldwide Adopt AMSC's
        Proprietary D-VAR Solution to Increase Power Grid Reliability
    --  Over 60 AMSC STATCOM Solutions Sold Worldwide - More Than All
        Other STATCOM Manufacturers Combined

    DEVENS, Mass.--(BUSINESS WIRE)--Feb. 12, 2008--American
Superconductor Corporation (NASDAQ: AMSC), a leading energy
technologies company, announced today that it has received orders from
two electric utilities for its proprietary D-VAR(R) (Dynamic VAR)
reactive compensation solution. One of the utilities is Entergy
Mississippi, Inc., part of Entergy Corporation, which provides
electricity to 2.7 million utility customers in Arkansas, Louisiana,
Mississippi and Texas. The second utility is located outside the U.S.
    D-VAR systems are classified as Static Compensators, or
"STATCOMs," a member of the FACTS (Flexible AC-Transmission System)
family of power electronic solutions for alternating current (AC)
power grids. D-VAR solutions detect and instantaneously compensate for
voltage disturbances by dynamically injecting leading or lagging
reactive power into the power grid. AMSC has now received orders for
well over 60 STATCOM devices worldwide, more than all other
manufacturers combined. The company's STATCOM customers include more
than 20 electric utilities worldwide.
    "Our broad experience with electric utilities around the world
combined with our technologically advanced power grid technologies is
yielding a rapid influx of new orders from this sector," stated Chuck
Stankiewicz, executive vice president and general manager of AMSC's
Power Systems business unit. "Our highly reliable D-VAR and Static VAR
Compensator (SVC) systems are enabling electric utilities today to
address complex stability and reliability issues on their transmission
networks. In fact, AMSC has emerged as the world's leading provider of
STATCOM devices - a position that continues to strengthen with the two
orders we announced today."
    The D-VAR system purchased by Entergy Mississippi, Inc. will be
installed in a substation in Mississippi to help improve the
reliability of the local power grid. Entergy first purchased an AMSC
STATCOM solution in 2000 to bolster grid reliability in the Houston,
Texas area and placed a second order in 2001.
    A modular and scalable solution, D-VAR systems are customized to
meet specific customer needs. These solutions are being utilized in a
wide range of applications, including voltage regulation and grid
reliability, optimization of power transfer capacity on
stability-limited transmission networks, and reactive power support
for wind farm interconnection to the grid.
    About American Superconductor (NASDAQ: AMSC)
    AMSC is a leading energy technologies company offering an array of
solutions based on two proprietary technologies: programmable power
electronic converters and high temperature superconductor (HTS) wires.
The company's products, services and system-level solutions enable
cleaner, more efficient and more reliable generation, delivery and use
of electric power. AMSC is a leader in alternative energy, offering
grid interconnection solutions as well as licensed wind energy designs
and electrical systems. As the world's principal supplier of HTS wire,
the company is enabling a new generation of compact, high-power
electrical products, including power cables, grid-level surge
protectors, Secure Super Grids(TM) technology, motors, generators, and
advanced transportation and defense systems. AMSC also provides
utility and industrial customers worldwide with voltage regulation
systems that dramatically enhance power grid capacity, reliability and
security, as well as industrial productivity. The company's
technologies are protected by a broad and deep intellectual property
portfolio consisting of hundreds of patents and licenses worldwide.
More information is available at www.amsc.com.
    American Superconductor and design, Revolutionizing the Way the
World Uses Electricity, AMSC, Powered by AMSC, SuperVAR, D-VAR, DVC,
PQ-IVR, PowerModule, Secure Super Grids and Windtec are trademarks or
registered trademarks of AMSC.
    Any statements in this release about future expectations, plans
and prospects for the company, including statements containing the
words "believes," "anticipates," "plans," "expects," "will" and
similar expressions, constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. There
are a number of important factors that could cause actual results to
differ materially from those indicated by such forward-looking
statements. Such factors include: uncertainties regarding the
company's ability to obtain anticipated funding from corporate and
government contracts, to successfully develop, manufacture and market
commercial products, and to secure anticipated orders; the risk that a
robust market may not develop for the company's products; the risk
that strategic alliances and other contracts may be terminated; the
risk that certain technologies utilized by the company will infringe
intellectual property rights of others; the competition encountered by
the company, including several large Japanese companies. Reference is
made to these and other factors discussed in the "Management's
Discussion and Analysis of Financial Condition and Results of
Operation" section of the company's most recent quarterly or annual
report filed with the Securities and Exchange Commission. In addition,
the forward-looking statements included in this press release
represent the company's views as of the date of this release. While
the company anticipates that subsequent events and developments may
cause the company's views to change, the company specifically
disclaims any obligation to update these forward-looking statements.
These forward-looking statements should not be relied upon as
representing the company's views as of any date subsequent to the date
this press release is issued.
    CONTACT: American Superconductor Corporation (NASDAQ: AMSC)
             Jason Fredette, 978-842-3177
             Director of Investor & Media Relations
             jfredette@amsc.com
    SOURCE: American Superconductor Corporation