Press Releases

All Releases

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

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

<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

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

<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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