<SEC-DOCUMENT>0000950123-11-078526.txt : 20110818
<SEC-HEADER>0000950123-11-078526.hdr.sgml : 20110818
<ACCEPTANCE-DATETIME>20110818164040
ACCESSION NUMBER:		0000950123-11-078526
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20110816
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110818
DATE AS OF CHANGE:		20110818

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN SUPERCONDUCTOR CORP /DE/
		CENTRAL INDEX KEY:			0000880807
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTORS & GENERATORS [3621]
		IRS NUMBER:				042959321
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19672
		FILM NUMBER:		111045250

	BUSINESS ADDRESS:	
		STREET 1:		SIXTY FOUR JACKSON ROAD
		CITY:			DEVENS
		STATE:			MA
		ZIP:			01434
		BUSINESS PHONE:		9788423000

	MAIL ADDRESS:	
		STREET 1:		SIXTY FOUR JACKSON ROAD
		CITY:			DEVENS
		STATE:			MA
		ZIP:			01434
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>b87783e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 0pt"><B>Pursuant to Section&nbsp;13 or 15(d) of<BR>
The Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><!-- xbrl,dc --><B>Date of Report (Date of earliest event reported): August&nbsp;16, 2011</B><!-- /xbrl,dc --></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>American Superconductor Corporation</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR></TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>0-19672</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>04-2959321</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction <BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission<BR>
File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
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<TR valign="bottom">
    <TD align="center" valign="top">64 Jackson Road <BR>
Devens, Massachusetts
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">01434</TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of principal executive offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Registrant&#146;s telephone number, including area code <U><B>(978)&nbsp;842-3000</B></U></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Not Applicable<BR>
(Former name or former address, if changed since last report.)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







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<!--TOC-->
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<!-- link1 "Item&nbsp;3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing" -->

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;3.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.</B></TD>
</TR>
</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On August&nbsp;16, 2011, American Superconductor Corporation (the &#147;<U>Company</U>&#148;) received notice
from the NASDAQ Stock Market (&#147;<U>NASDAQ</U>&#148;) stating that the Company is not in compliance with
Listing Rule&nbsp;5250(c)(1) for continued listing (i)&nbsp;due to the Company&#146;s inability to file with the
Securities and Exchange Commission (the &#147;<U>Commission</U>&#148;) the Company&#146;s Form 10-Q for the
period ended June&nbsp;30, 2011, and (ii)&nbsp;because the Company remains delinquent in filing the Company&#146;s
Form 10-K for the period ended March&nbsp;31, 2011 (the &#147;<U>Initial Delinquent Filing</U>&#148;). The
notification was issued in accordance with standard NASDAQ procedures and has no immediate effect
on the listing or trading of the Company&#146;s common stock on the NASDAQ Global Select Market.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to NASDAQ&#146;s letter dated June&nbsp;17, 2011, which was disclosed in the Company&#146;s Current
Report on Form 8-K filed with the Commission on June&nbsp;21, 2011, the Company had until August&nbsp;16,
2011 to submit a plan to regain compliance with respect to the Initial Delinquent Filing. The
NASDAQ letter dated August&nbsp;16, 2011 indicated that the Company has until August&nbsp;30, 2011 to submit
an updated plan explaining how it expects to regain compliance. On August&nbsp;16, 2011, the Company
submitted its plan to regain compliance. This plan is currently under review by NASDAQ&#146;s staff. If
NASDAQ approves the Company&#146;s plan, it can grant an exception of up to 180 calendar days from the
due date of the Form 10-K (or until December&nbsp;14, 2011) to regain compliance.
</DIV>

<!-- link1 "Item&nbsp;7.01. Regulation FD Disclosure" -->
<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;7.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Regulation&nbsp;FD Disclosure</B>.</TD>
</TR>
</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Company issued a press release on August&nbsp;18, 2011 disclosing its receipt of the NASDAQ letter
dated August&nbsp;16, 2011. A copy of the press release is attached as Exhibit&nbsp;99.1.
</DIV>

<!-- link1 "Item&nbsp;9.01. Financial Statements and Exhibits" -->
<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits.</B></TD>
</TR>
</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(d)&nbsp;Exhibits:
</DIV>

<DIV align="center">
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    <TD nowrap align="center"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">99.1
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Press Release, dated August&nbsp;18, 2011.</DIV></TD>
</TR>
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</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
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<!-- link1 "SIGNATURES" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="50%">&nbsp;</TD>
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    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
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    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" nowrap>AMERICAN SUPERCONDUCTOR CORPORATION</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date: August&nbsp;18, 2011
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ David A. Henry
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
David A. Henry
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><I>Senior Vice President and Chief Financial
Officer</I></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>b87783exv99w1.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;99.1</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><IMG src="b87783b8778300.gif" alt="(LOGO)">

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AMERICAN SUPERCONDUCTOR RECEIVES<BR>
NASDAQ NOTIFICATION LETTER</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><I>Company Submits Plan to Regain NASDAQ Compliance</I>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEVENS, Mass., August&nbsp;18, 2011 </B>&#151; American Superconductor Corporation (NASDAQ: AMSC), a global
power technologies company, today announced it received a letter from the Listing Qualifications
Department of the NASDAQ Stock Market (&#147;NASDAQ&#148;) advising the company that it is not in compliance
with NASDAQ Listing Rule&nbsp;5250(c)(1) due to its inability to file on a timely basis its Quarterly
Report on Form 10-Q for the period ended June&nbsp;30, 2011. This notification was issued in accordance
with standard NASDAQ procedures, and in connection with its previous notification dated June&nbsp;17,
2011 regarding the company&#146;s inability to file on a timely basis its Annual Report on Form 10-K for
fiscal year ended March&nbsp;31, 2011. NASDAQ&#146;s notification has no immediate effect on the listing of
the company&#146;s common stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As previously disclosed, additional time is required to complete the preparation and audit of the
company&#146;s financial statements, including its restated financial statements for the fiscal quarters
ended September&nbsp;30, 2010 and December&nbsp;31, 2010 and the fiscal year ended March&nbsp;31, 2011. In
response to the previous letter received from NASDAQ on June&nbsp;17, 2011 referenced in the company&#146;s
press release dated June&nbsp;21, 2011, AMSC sent a detailed letter to NASDAQ on August&nbsp;16, 2011
outlining its plan to regain compliance and requesting an extension of time to file the required
periodic reports. According to its Listing Rules, NASDAQ has the discretion to grant the company an
extension of up to 180 calendar days from the due date of the Annual Report on Form 10-K for fiscal
year ended March&nbsp;31, 2011, or December&nbsp;14, 2011.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U><B>About American Superconductor (NASDAQ: AMSC)</B></U><BR>
AMSC offers an array of proprietary technologies and solutions spanning the electric power
infrastructure &#151; from generation to delivery to end use. The company is a leader in renewable
energy, providing proven, megawatt-scale wind turbine designs and electrical control systems. The
company also offers a host of Smart Grid technologies for power grid operators that enhance the
reliability, efficiency and capacity of the grid, and seamlessly integrate renewable energy sources
into the power infrastructure. These include superconductor power cable systems, grid-level surge
protectors and power electronics-based voltage stabilization systems. AMSC&#146;s technologies are
protected by a broad and deep intellectual property portfolio consisting of hundreds of patents and
licenses worldwide. More information is available at www.amsc.com.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"># # #
</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 6pt"><I>American Superconductor and design, Revolutionizing the Way the World Uses Electricity, AMSC,
Powered by AMSC, Amperium, D-VAR, dSVC, FaultBlocker, PowerModule, PowerPipelines, PQ-IVR, PQ-SVC,
SeaTitan, SolarTie, SuperGEAR and Windtec and design are trademarks or registered trademarks of
American Superconductor Corporation or its subsidiaries. All other brand names, product names or
trademarks belong to their respective holders.</I>
</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 6pt"><I>Any statements in this release about future expectations, plans and prospects for the company,
including without limitation our expectations regarding the preparation and audit of the company&#146;s
financial statements, the timetable for compliance with the NASDAQ listing rules and other
statements containing the words &#147;believes,&#148; &#147;anticipates,&#148; &#147;plans,&#148; &#147;expects,&#148; &#147;will&#148; and similar
expressions, constitute forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995.</I>
</DIV>



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<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
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<TR valign="bottom">
    <TD align="left" valign="top">AMSC Receives NASDAQ Notification Letter
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Page 2</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>There are a number of important factors that could materially impact the value of our common stock
or cause actual results to differ materially from those indicated by such forward-looking
statements. Such factors include: we may be subject to additional unanticipated accounting, audit
and internal control issues; we have a history of operating losses, and we may incur losses in the
future; our operating results may fluctuate significantly from quarter to quarter and may fall
below expectations in any particular fiscal quarter, including any expectations resulting from
financial guidance issued by us; a significant portion of our revenues have been derived from a
single customer, Sinovel, and any failure by this customer (or other customers) to honor
contractual obligations to accept products or to pay for products may have a material adverse
impact on our financial condition or results from operations; adverse changes in domestic and
global economic conditions could adversely affect our business; changes in exchange rates could
adversely affect our financial results; we may not realize all of the sales expected from our
backlog of orders and contracts; we rely upon third party suppliers for the components and
subassemblies of many of our products, making us vulnerable to supply shortages and price
fluctuations; we may require significant additional funding and may be unable to raise capital when
needed, which could force us to delay, reduce, or eliminate planned activities, including the
planned acquisition of The Switch; failure to complete the planned acquisition of The Switch could
harm our operating results and could cause our stock price to decline; completion of the planned
acquisition of The Switch could present certain risks to our business; we may acquire additional
complementary businesses or technologies that may require us to incur substantial costs for which
we may never realize the anticipated benefits; we have been named as a party to purported
stockholder class actions and a shareholder derivative complaints, and we may be named in
additional litigation, all of which will require significant management time and attention and
result in significant legal expenses and may result in an unfavorable outcome, which could have a
material adverse effect on our business, operating results and financial condition; our common
stock has experienced, and may continue to experience, significant market price and volume
fluctuations, which may prevent our stockholders from selling our common stock at a profit and
could lead to additional costly litigation against us that could further divert our management&#146;s
attention; if we fail to implement our business strategy, our financial performance could be harmed
and our growth could slow or stop; our products face intense competition, which could limit our
ability to acquire or retain customers; our international operations are subject to risks that we
do not face in the United States, which could have an adverse effect on our operating results; we
depend on sales to China, and global conditions could negatively affect our operating results or
limit our ability to expand our operations outside of China; changes in China&#146;s political, social,
regulatory and economic environment may affect our financial performance; problems with product
quality or product performance may cause us to incur warranty expenses and may damage our market
reputation and prevent us from achieving increased sales and market share; our success in
addressing the wind energy market is dependent on the manufacturers that license our designs; we
have not manufactured our Amperium wire in commercial quantities, and a failure to manufacture our
Amperium wire in commercial quantities at acceptable cost and quality levels would substantially
limit our future revenue and profit potential; and our patents may not provide meaningful
protection for our technology, which could result in us losing some or all of our m
arket position.
Reference is made to many of these factors and others in the &#147;Risk Factors&#148; section of the
company&#146;s most recent quarterly or annual report filed with the Securities and Exchange Commission.
In addition, any forward-looking statements included in this release represent the company&#146;s
expectations as of the date of this release. While the company anticipates that subsequent events
and developments may cause the company&#146;s views to change, the company specifically disclaims any
obligation to update these forward-looking statements. These forward-looking statements should not
be relied upon as representing the company&#146;s views as of any date subsequent to the date of this
release.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>AMSC Contact:</B><BR>
Jason Fredette<BR>
Phone: 978-842-3177<BR>
Email: jfredette@amsc.com

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




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