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AMSC Receives First PowerModule-Based Electrical System Orders for Commercial Marine Applications
Mar 04, 2008

<br />-Over 30 MW of Power to be Managed by PowerModule(TM) Power Converter Systems Aboard Four All-Electric Ships Being Manufactured in Europe
<br />-Canadian Firm to Apply PowerModule Technology for Tugboat Electrical Storage System
<br />-Programmable Power Electronic Building Blocks Addressing Multiple Markets, Including Commercial Marine, Wind Energy, Fuel Cell and Power Grid Reliability Systems

AMSC Reports Third-Quarter Fiscal 2007 Financial Results
Jan 31, 2008

<p align="center">-Record Revenues Posted as Sales Increased 245 Percent Year Over Year
<p align="center">-Gross Margin Grows to a Record 28.7 Percent
<p align="center">-Fiscal 2007 Financial Forecast Revised Upward
<p align="center">-Backlog for Fiscal 2008 Continues to Grow
<p align="center">-Consolidation of Massachusetts Operations Completed

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