SATC Satcon Technology Corp. (MM)

SatCon Technology Corporation(R) (Nasdaq NM: SATC), a developer and manufacturer of power control electronics, today announced that on Tuesday, May 17, 2005 at 10:00 A.M. Eastern Time, the Company will conduct a conference call to discuss its financial results for its fiscal 2005 second quarter, which ended on April 2, 2005. The company will also publish an earnings release on Tuesday, May 17, 2005 prior to the conference call. David Eisenhaure, Chairman and Chief Executive Officer, will host the investor conference call to review the Company's results and operations. During the conference call the Company may discuss and answer questions concerning business and financial developments and trends. The Company's responses to questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been disclosed previously. Interested parties should call 800-510-9836 and enter the conference pass code 68214003 five minutes in advance to participate. The call will also be open to all interested investors through a live audio Web broadcast accessible at the SatCon corporate website, www.satcon.com, and at www.streetevents.com. For those unable to listen to the live broadcast, the call will be archived on the above-mentioned sites. About SatCon Technology Corporation SatCon Technology Corporation is a developer and manufacturer of power electronics and control systems for alternative energy, high-reliability industrial automation applications and critical military systems. For further information, please visit the SatCon website at www.satcon.com.