AMSC Introduces Static Var Compensator Product Line and Receives First Order

-Recent Acquisition Positions AMSC as North America's Only Provider of SVC's for Growing Transmission Grid Market - First SVC Order Received from Bonneville Power Administration, Operator of 75 Percent of Pacific Northwest's High Voltage Transmission Grid

AMSC's SVC product line is based on its proprietary controls technology combined with proprietary thyristor switch technology it obtained through the acquisition of Power Quality Systems, Inc. (PQS) in April 2007. This thyristor switch technology enables AMSC to offer SVC systems that not only have a lower initial cost, but also lower energy and maintenance costs and a smaller footprint when compared with conventional SVC offerings. AMSC's transmission SVC solution builds on a solid installed base of over 60 similar thyristor-based systems that have been successfully deployed by PQS on distribution systems all over North America. AMSC, which has been selling its dynamic-VAR (D-VAR®) transmission grid reliability products since 1999, is North America's only manufacturer of SVC's for the growing transmission grid market.

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