Daniel R. Dwight Elected to SatCon's Board of Directors.

BOSTON -- SatCon Technology Corporation(R) (Nasdaq NM: SATC), a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that Daniel R. Dwight has been elected by shareholders to serve on its Board of Directors. Mr. Dwight is Director, President and Chief Executive Officer of Kronos Advanced Technologies (OTCBB: KNOS), a publicly traded high technology company based in Belmont, Massachusetts. Prior to Kronos, Mr. Dwight spent nearly 20 years at General Electric Company, assuming various domestic and international positions in GE's industrial businesses and GE Capital. Mr. Dwight provided strategic and business development leadership at multiple global locations, including defining strategic vision, formulating business plans and developing commercial financing and private equity investments across the Asia Pacific Region.

Mr. Dwight has an MBA in Marketing and Finance with Honors from The University of Chicago Graduate School of Business and a BS in Accounting with Honors from the University of Vermont.

"We're very pleased to be able to add Mr. Dwight to SatCon's Board of Directors," said David Eisenhaure, SatCon's Chairman and Chief Executive Officer. "Dan is credited with turning Kronos, an early stage technology company, into a viable operating business, by providing leadership, vision and strategic direction. His proven international business and financial expertise will help us significantly during the next phase of growth at SatCon."

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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