American Superconductor Announces Date for Third Quarter Conference Call and Earnings Release.

Business/Technology Editors

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Jan. 16, 2001

American Superconductor Corporation (Nasdaq:AMSC) announced today that it will be hosting its third quarter conference call on Tuesday, January 23, 2001, to discuss the quarter's results with shareholders and investors.

An announcement outlining the financial results will be released over the Business Wire prior to the call, early on the morning of January 23, and will be available on the company's web site, www.amsuper.com. The call will begin at 11:00 a.m. EST (8:00 a.m. PST). Dr. Gregory J. Yurek, American Superconductor's chief executive officer, and Stanley D. Piekos, American Superconductor's chief financial officer, will lead the conference call.

If you plan to listen in on this conference call, dial 719-457-2639. Should you encounter problems, please contact Sol Picardo at Pondel/Wilkinson Klein at 310-207-9300 x222.

A playback of the call will be available from 1:30 p.m. EST Tuesday, January 23, through midnight Tuesday, January 30. To listen to the recorded call, dial 719-457-0820, Confirmation Code 627140.

American Superconductor

American Superconductor Corporation, headquartered in Westborough, Mass., was founded in 1987 and is a world leader in developing and manufacturing products utilizing superconducting materials and power electronic devices for the Power Infrastructure. The company's products, and products sold by electrical equipment manufacturers that incorporate its products, can dramatically increase the capacity and reliability of power delivery networks, significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating costs and conserve resources that are used to produce electric power. For more information, please visit us at www.amsuper.com.