Company Profile For American Superconductor Corporation

American Superconductor Corporation (AMSC) is an energy technologies company, offering an array of solutions based on two technologies: programmable power electronic converters and high temperature superconductor (HTS) wires. The two primary markets it serves are the wind energy market and the power transmission and distribution or power grid market. The Company conducts its operations through two business units: AMSC Power Systems (Power Systems), which supplies electrical systems used in wind turbines; sells power electronic products that regulate wind farm voltage to enable their interconnection to the power grid; licenses wind energy system designs to manufacturers of such systems, and provides consulting services to the wind industry, and AMSC Superconductors (Superconductors), which focuses on the manufacturing of HTS wire and coils; the design and development of HTS products, such as power cables, fault current limiters and motors, and the management of HTS projects.

BRIEF: For the six months ended 30 September 2009, American Superconductor Corporation's revenues increased 84% to $147.7M. Net income totaled $6.1M, vs. a loss of $10.2M. Revenues reflect increased income from the Power System segment. Net income reflects lower amortization of intangibles, higher gross margins and decreased in net other non operating expense. AMSC provides megawatt-scale wind turbine designs and electrical control systems.

American Superconductor Corporation
64 Jackson Road
Devens   MA   01434
P: +1978.8423000
F: +1978.8423024

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