Elie Nasr Joins SatCon as Vice President of Business Development

  
    
  
  
    
      SatCon Technology Corporation® (Nasdaq CM: 
      SATC), a developer of power management and system architecture solutions 
      for the alternative energy and distributed power markets, today 
      announced that Elie Nasr has joined SatCon as Vice President of Business 
      Development for its SatCon Power Systems division. Mr. Nasr will 
      spearhead the next phase of developing SatCon’s 
      sales team emphasizing solution selling of systems and services of all 
      its products and targeted applications on a global basis.
    
    
      Elie Nasr brings a solid track record of achievements spanning the past 
      20 years with his most recent role as Senior Business Development 
      Specialist at Siemens PTI involving the promotion, marketing and direct 
      sales of a suite of products and services which included Transmission 
      and Distribution Planning and Operational Analysis software in addition 
      to pursuing Consulting opportunities. In the six years he was with PTI, 
      he also served as the Technical Architect for the Product Development 
      team as well as orchestrating alliances and partnerships with EMS, GIS, 
      DMS, and IT solution providers for the licensing of Siemens products. 
      Previous roles included Chief Software Engineer and Product Specialist 
      for the Energy Control Systems Division of GE Energy. Mr. Nasr holds BS 
      and MS Degrees in Electrical Engineering and an MBA in Finance.
    
    
      About SatCon Technology Corporation
    
    
      SatCon Technology Corporation is a developer and manufacturer of 
      electronics and generators/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. 
      SATC-G
    
    
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