AMSC GETS WIND TURBINE ELECTRICAL CONTROL SYSTEMS ORDER FROM HHI

(BW)(MA-AMERICAN-SUPER)(AMSC.NASDAQ) AMSC Receives Second
Wind Turbine Electrical Control Systems Order from Hyundai
Heavy Industries

- HHI Accelerates Production of 1.65 MW Wind Turbines- 2010
Production Schedule for 2 Megawatt Wind Turbines on Track

Energy Writers

DEVENS, Mass.--(BUSINESS WIRE) - Nov. 18, 2009-- American
Superconductor Corporation (NASDAQ: AMSC), a global power
technologies company, today announced that it has received a
follow-on order for 30 sets of electrical control systems from
Hyundai Heavy Industries Co., Ltd. (Korean Stock Exchange: HHI)
for its 1.65 megawatt (MW) wind turbines now in production in
South Korea. AMSC also has received an electrical control
systems order for HHI's 2 MW wind turbine prototypes. All of
the systems will be shipped to HHI by the end of May 2010.

AMSC's wind turbine electrical control systems and core
electrical components include the company's proprietary
PowerModule? power converters, pitch and yaw converters, SCADA
systems and other power electronics. They enable reliable,
high-performance wind turbine operation by controlling power
flows, regulating voltage, monitoring system performance,
controlling the pitch of wind turbine blades and the yaw of the
turbines to maximize efficiency.

Based in Ulsan, South Korea, HHI is the world's largest
shipbuilder, a global leader in turnkey power plants and
offshore projects, and a major global supplier of high voltage
electrical equipment. HHI licensed 1.65 and 2 MW wind turbine
designs from AMSC's wholly owned AMSC Windtec? subsidiary in
2008. The company entered volume production of 1.65 MW wind
turbines in October 2009 and plans to commence production of 2
MW wind turbines in 2010.

"HHI's investment in the wind power industry has created a
new growth engine for our company," said Young N. Kim, Senior
Executive Vice President and COO, HHI Electro Electric Systems.
"Over the course of the past year, we have licensed
high-quality wind turbine designs from AMSC Windtec,
commissioned our first prototype systems and secured our
initial wind turbine orders in Korea and the United States. We
see tremendous growth opportunities in front of us and are
expanding our wind turbine capacity to support our growth
plans."

HHI installed and commissioned its first reference 1.65 MW
wind turbine near its manufacturing facility in Ulsan, South
Korea in June 2009, less than one year after licensing the
design from AMSC Windtec. In September 2009, HHI announced Wave
Wind, LLC as its first wind turbine customer in the United
States. HHI has invested 105.7 billion won (nearly US$90
million) to build a wind turbine manufacturing plant in Gunsan
with an annual capacity of 600 MW. The company plans to expand
the capacity of the facility to 800 MW by 2013.

"HHI continues to scale its manufacturing operation and
execute its aggressive growth strategy in the renewable
energies market," said Timothy Poor, AMSC's Senior Vice
President of Global Sales and Business Development. "This
follow-on order follows close on the heels of the first
electrical control system order HHI placed with us in August
2009, demonstrating that its 1.65 MW wind turbines are quickly
gaining traction in the marketplace."

About Hyundai Heavy Industries Co., Ltd.

Founded in 1972, Hyundai Heavy Industries (HHI) is an
integrated heavy industries company with more than US$15
billion in annual sales. HHI operates six divisions:
Shipbuilding, Offshore & Engineering, Industrial Plant &
Engineering, Engine & Machinery, Electro Electric Systems and
Construction Equipment. The company employs approximately
40,000 people at more than 30 locations worldwide. More
information is available at http://english.hhi.co.kr/.

About American Superconductor (NASDAQ: AMSC)

AMSC offers an array of proprietary technologies and
solutions spanning the electric power infrastructure from
generation to delivery to end use. The company is a leader in
alternative 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'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.

American Superconductor and design, Revolutionizing the Way
the World Uses Electricity, AMSC, Powered by AMSC, D-VAR, dSVC,
PowerModule, PQ-IVR, Secure Super Grids, Windtec and SuperGEAR
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. The Windtec logo and design is a registered European
Union Community Trademark.Any statements in this release about
future expectations, plans and prospects for the company,
including our expectations regarding the future financial
performance of the company and other statements containing the
words "believes," "anticipates," "plans," "expects," "will" and
similar expressions, constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform
Act of 1995. There are a number of important factors that could
cause actual results to differ materially from those indicated
by such forward-looking statements. Such factors include: we
have a history of operating losses, and we may incur losses in
the future; a significant portion of our revenues are derived
from a single customer, and a reduction in business with this
customer could adversely affect our operating results; adverse
changes in domestic and global economic conditions could
adversely affect our operating results; changes in exchange
rates could adversely affect our results from operations; our
common stock may experience extreme market price and volume
fluctuations, which may prevent our stockholders from selling
our common stock at a profit and could lead to costly
litigation against us that could divert our management's
attention; if we fail to implement our business strategy, our
financial performance and our growth could be materially and
adversely affected; we may not realize all of the sales
expected from our backlog of orders and contracts; many of our
revenue opportunities are dependent upon subcontractors and
other business collaborators, and a reduction in orders
stemming from these companies could adversely affect our
operating results; our products face intense competition, which
could limit our ability to acquire or retain customers; our
success is dependent upon attracting and retaining qualified
personnel and our inability to do so could significantly damage
our business and prospects; and our international operations
are subject to risks that we do not face in the U.S., which
could have an adverse effect on our operating results.
Reference is made to these and other factors discussed in the
"Risk Factors" section of the company's most recent quarterly
or annual report filed with the Securities and Exchange
Commission. In addition, any forward-looking statements
included in this press release represent the company's views as
of the date of this release. While the company anticipates that
subsequent events and developments may cause the company'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's views as of any date subsequent to
the date this press release is issued.

American Superconductor Corp. (NASDAQ: AMSC)

Jason Fredette,

978-842-3177

Director, Corporate Communications

jfredette@amsc.com

KEYWORD: United States North America Massachusetts

INDUSTRY KEYWORD: Energy Alternative Energy Utilities Other
Energy Technology Other Technology Manufacturing Engineering
Other Manufacturing

CATEGORY KEYWORD: Product/Service

Source: American Superconductor Corporation

Copyright Business Wire 2009

bl

For full details on (HYHZF) HYHZF. (HYHZF) has Short Term PowerRatings at TradingMarkets. Details on (HYHZF) Short Term PowerRatings is available at This Link.