SatCon Technology Corporation(R) (Nasdaq NM: SATC) today announced that SatCon Electronics, a wholly owned subsidiary and a designer and manufacturer of high reliability electronic components has launched a new product line of standardized, low cost linear regulators that will be used as power conditioning equipment for high-tech electronics. This new line of electronics is part of the overall strategy of SatCon Technology to move toward more standard product lines for large-scale production of high reliability electronic components. These regulators were designed to meet the specifications for the U.S. Military's Commercial-Off-The-Shelf (COTS) components. The COTS program was developed to promote the use of high reliable commercial products in the large military market wherever applicable. "It is our objective to introduce several new standard products for SatCon Electronics in both the COTS arena and the high reliability Aerospace and Military markets. This marks the first launch of many new products that we expect to introduce over time. We are excited about this launch because it strengthens our product portfolio, and it provides an entree into the COTS market. With this product line, we expect to open doors to many new customers and engage in additional programs within our existing customer base," commented Millard Firebaugh, President and COO. Firebaugh further stated, "Being a Class-K facility (certified to produce spaceflight-ready electronics), the focus of SatCon Electronics is to become the industry leader as a manufacturer and designer of electronic components for high reliability, high performance new products. The diversification into the COTS arena is a step to that direction. The products introduced are synergistic with our focus on power management solutions, and they bring balance to our product portfolio." For additional product information, contact: SatCon Electronics 165 Cedar Hill Street Marlborough, Massachusetts, 01752 T: (508) 485-6350, Ext. 240 About SatCon Technology Corporation SatCon Technology Corporation is a developer and manufacturer of electronics and motors for the Alternative Energy, Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and Advanced Power Technology markets. For further information, please visit the SatCon website at www.satcon.com. Statements made in this document that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company's expectation. Additional information concerning risk factors is contained from time to time in the Company's SEC filings. The Company expressly disclaims any obligation to update the information contained in this release.
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