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SatCon Announces New MicroGrid Line of Fuel Cell Controllers

17 February 2000

SatCon's Advanced Fuel Cell Power Products Division Announces New MicroGrid Line of Fuel Cell Controllers and Software

    CAMBRIDGE, Mass.--Feb. 17, 2000--SatCon Technology Corporation(R) (Nasdaq NM:SATC), a leader in power and energy management products, today announced that its Advanced Fuel Cell Power Products Division has introduced the MicroGrid(TM) Line of Fuel Cell Controllers and Software. The new line of digital controllers and software can integrate into any fuel cell power generation systems from small residential systems to larger commercial and industrial systems. With some software modifications, it can also be integrated into fuel cell hybrid-electric vehicles.
    The MicroGrid(TM) Line can be sized for any fuel cell power generation system including the large 500KW to 3MW commercial sizes for use in shopping malls or factories. It can operate line-coupled or stand-alone and can be used with any customer's power electronics. It can also be integrated with any fuel cell, battery or flywheel components.
    "We're very pleased to be able to offer this new product," said David Eisenhaure, SatCon President and Chief Executive Officer. "The MicroGrid(TM) Line is versatile and, with just slight modifications to the SatCon proprietary software, is available for any fuel cell system, whether it's a residential or commercial power generation system or a fuel cell hybrid-electric automobile."
    SatCon Technology Corporation manufactures and sells power and energy management products for distributed power generation, telecommunications, silicon wafer manufacturing, factory automation, aircraft, satellites and automotive applications. SatCon has seven operating divisions: Advanced Fuel Cell Power Products manufactures and sells power conversion products for fuel cell power generation systems; Film Microelectronics, Inc. designs and manufactures microelectronic circuits and interconnect products; Magmotor manufactures servo-motors and magnetic suspension systems; Ling Electronics manufactures test equipment, power products, amplifiers and controllers; Beacon Power manufactures flywheel energy storage devices; SatCon Electronic Power Products manufactures power converters for microturbines; and the Technology Center is responsible for new technology and product development. For further information, please visit the SatCon Technology Website at http://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. It is important to note that the Company's actual circumstances could differ materially from those implied by such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's filings, including but not limited to the 10-K and 10-Q. Copies of those filings are available from the Company and the SEC.