Motors & Drives Information

SatCon Technology Corporation(R) (Nasdaq NM: SATC), a leader in critical powering solutions, announced today that it was selected by the U. S. Department of Energy to develop an optimized hybrid electric vehicle drive train. The drive train consists of a motor controller and a traction motor that drives the wheels in a hybrid electric or electric automobile. The objective of the program is to incorporate SatCon's new motor and electronic control technologies into an advanced electric drive train for hybrid electric vehicles that will operate more efficiently over the full vehicle speed range.

"The drivetrain will build off the work we have been doing for the Department of Energy under our $10 million advanced integrated power module, or AIPM, program," said David Eisenhaure, SatCon's president and chief executive officer. "Basically, we will take a 35 kilowatt AIPM module and combine it with a new high efficiency motor to construct an advanced, low cost motor drive for use with hybrid electric cars. The AIPM module is currently in its fourth generation, or production prototype phase, and is being integrated for upcoming reliability and environmental testing."

"This is a continuation of our work in developing advanced motors and electronics for next generation hybrid electric vehicles," concluded Eisenhaure. "We recently announced some $1.5 million in new work for the Army to develop other components for hybrid electric vehicles and we are continuing to develop auxiliary motors for fuel cell cars for one of the major U.S. automakers. Hybrid electric cars that use fuel cells and clean turbines have been receiving considerable notice by the major auto makers recently, as the need to develop low cost, environmentally cleaner cars continues. We think that developing lower cost electronics like our advanced integrated power modules can be enablers for hybrid electric cars and the future hydrogen economy."

About SatCon Technology Corporation

SatCon Technology Corporation manufactures and sells power and energy management products for digital power markets. SatCon has three business units: SatCon Power Systems manufactures and sells power systems for distributed power generation, power quality and factory automation, including inverter electronics from 5 kilowatts to 5 megawatts. SatCon Electronics manufactures and sells power chip components; power switches; RF devices; amplifiers; telecommunications electronics; and hybrid microcircuits for industrial, medical, and aerospace applications. SatCon Applied Technology develops advanced technology in digital power electronics, high-efficiency machines and control systems with the strategy of transitioning those technologies into products. For further information, please visit the SatCon website at www.satcon.com.

Statements made in this document that are not historical facts or that apply prospectively are forward-looking statements that involve risks and uncertainties. The important factors that could cause SatCon Technology Corporation's ("the company's") actual circumstances, or results, to differ materially from those implied by such forward-looking statements include the ability to successfully develop the motor and controller components, to successfully integrate them, to receive additional funding for further development of the system, the company's ability to manufacture motors, power conversion electronics and control products; developments in the company's business and industry; market conditions; and the inability to gain customer acceptance of the company's products, particularly within the digital power marketplace. 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 Securities and Exchange Commission.

# posted by Medical Information : 3:26 AM