Press Releases

<br />-Up to $25 Million in Funding Awarded for Deployment of AMSC's Surge-Suppressing Superconductor 'Smart Grid' Technology in Manhattan
<br />-Secure Super Grids&#8482; Solution Expected to be Operational in 2010

Company to Host Conference Call at 10:00 a.m. ET on January 31

Presentation to be Webcast Live at 11 a.m. ET on January 9, 2008