SATC Satcon Technology Corp. (MM)

SatCon Technology Corporation� (Nasdaq CM: SATC), today announced that SatCon Electronics, a wholly owned subsidiary and designer and manufacturer of high reliability electronic components has been awarded a $600,000 follow-on contract for optically isolated solid state relays. Jack Worthen, SatCon Electronics President, stated, �SatCon Electronics has been a long-term supplier of customized microelectronics supporting the avionics industry. Our high reliability optically isolated solid state relays have been manufactured for a number of years in support of computer based avionics instrumentation used in the F-16 and now the F-22 fighter programs. We take great pride in manufacturing products for the industries highest reliability applications�. SatCon Electronics is a leader in design and manufacturing of high reliability power management, analog signal processing, RF, and thin film components. 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. (SATC-G) 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 �will,� �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. SatCon Technology Corporation(R) (Nasdaq CM: SATC), today announced that SatCon Electronics, a wholly owned subsidiary and designer and manufacturer of high reliability electronic components has been awarded a $600,000 follow-on contract for optically isolated solid state relays. Jack Worthen, SatCon Electronics President, stated, "SatCon Electronics has been a long-term supplier of customized microelectronics supporting the avionics industry. Our high reliability optically isolated solid state relays have been manufactured for a number of years in support of computer based avionics instrumentation used in the F-16 and now the F-22 fighter programs. We take great pride in manufacturing products for the industries highest reliability applications". SatCon Electronics is a leader in design and manufacturing of high reliability power management, analog signal processing, RF, and thin film components. 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. (SATC-G) 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 "will," "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.