SatCon Announces 3.2 Megawatts in Orders for Photovoltaic Inverters

SatCon Technology Corporation(R) (Nasdaq NM: SATC), a
developer and manufacturer of power electronics and motors for the
alternative energy markets today announced that it has received
multiple purchase orders from four new customers for 13 commercial
grade inverters equaling 2.3 megawatts (MW), including an order from
one of the largest photovoltaic integrators in North America. In
addition, a customer that has been operating a trial unit issued a
follow-on purchase order for 3 commercial grade inverters totaling 0.9
MW. These photovoltaic inverters trade named PowerGate(TM) are
scheduled for delivery prior to the end of the current fiscal year.
   "Our reputation for high quality PowerGate(TM) inverters seems to
be spreading," said Clemens van Zeyl, President, SatCon's Power
Systems Canada Division responsible for Alternative Energy products.
"It is very encouraging to see our customer base in the sector
continuing to grow and it is very rewarding to see that our emphasis
on high-efficiency commercial grade inverters is being embraced by our
customers."
   In addition, David Eisenhaure, SatCon's Chairman and Chief
Executive Officer stated, "With our growing customer base, we are
expecting our revenues from photovoltaic inverters to approach twenty
percent of our total corporate revenues for the current fiscal year,
up from approximately ten percent in the prior year."

   About SatCon Technology Corporation

   SatCon Technology Corporation is a developer and manufacturer of
electronics and 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.

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