Press Releases

All Releases

Sep 09, 2008
AMSC Launches PowerModule PM3000W Converter for the Wind Power Market

<br />-Revolutionary PowerModule(TM) PM3000W Converter Incorporates AMSC's Unique Combination of Wind Turbine Design, Power Electronics and Power Grid Operation Expertise
<br />-New Features Include Low Voltage Ride Through and Wind Specific Controls
<br />-Pre-Launch Orders Booked for More Than 3,300 Converters from Wind Turbine Manufacturers in Canada, China, Germany and India
<br />-Product Shipments to Customers Initiated in September 2008

Aug 05, 2008
AMSC Reports First Quarter Financial Results

<p align="center">-First-Quarter Revenues Doubled Year Over Year to Record $39.8 Million
<p align="center">-Positive Cash Flow Generated from Operations
<p align="center">-Total Backlog Increased to $634 Million as of June 30, 2008
<p align="center">-Fiscal 2008 Revenue and EBITDAS Forecasts Increased

May 20, 2008
AMSC Receives Four D-VAR® Orders for Wind Farms on Three Continents

<br />-Wind Farms in Australia, Canada and the United Kingdom to Utilize AMSC's Grid Interconnection Solution
<br />-Market for Grid Interconnection Solutions Expanding With Growth in Worldwide Installed Base of Wind Power
<br />-Company to Host "Connecting With the Wind(TM)" Exhibit at WINDPOWER 2008 Conference & Exhibition in Houston

May 08, 2008
AMSC Reports Fourth Quarter and Full Year Fiscal 2007 Financial Results

<p align="center">-Fourth-Quarter Revenues Increased 101 Percent Year Over Year
<p align="center">-Full Fiscal 2007 Revenues More Than Doubled to $112.4 Million
<p align="center">-Record Gross Margin of 28.5 Percent Achieved for Full Fiscal 2007
<p align="center">-Total Backlog as of March 31, 2008 Increased to $199 Million
<p align="center">-Fiscal 2008 Revenue Forecast Revised Upward

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