SatCon Technology to Report FY2005 Year-End Results

BOSTON--Dec. 1, 20059, 2005--SatCon Technology Corporation(R) , a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that on Thursday, December 22, 2005 at 9:00 AM Eastern Time, the Company will conduct a conference call to discuss its financial results for its fiscal year 2005, which ended on September 30, 2005. The company will also publish an earnings release prior to the conference call.

David Eisenhaure, Chairman and Chief Executive Officer will host the call to review the company's results and operations.

Interested parties should call 800.510.0219 (Domestic) or 617.614.3451 (International) and enter the conference pass code 41063839 five minutes in advance to participate. The call will also be open to all interested investors through a live audio Web broadcast accessible at the SatCon corporate website, www.satcon.com and at www.streetevents.com. For those unable to listen to the live broadcast, the call will be archived on the above-mentioned sites.

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. There can be no assurance that the company will be successful in achieving any of the objectives that are stated within the release, and such failure to achieve those objectives could have a material, adverse effect on the future of the Company. 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.