Revenues Increased 23% Year Over Year to $34 MillionAMSC generates the ideas, technologies and solutions that meet the world’s demand for smarter, cleaner … better energy™. Through its Gridtec™ Solutions, AMSC provides the engineering planning services and advanced grid systems that optimize network reliability, efficiency and performance. Through its Marinetec™ Solutions, AMSC provides ship protection systems and is developing propulsion and power management solutions designed to help fleets increase system efficiencies, enhance power quality and boost operational safety. Through its Windtec® Solutions, AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy. The Company’s solutions are enhancing the performance and reliability of power networks, increasing the operational safety of navy fleets, and powering gigawatts of renewable energy globally. Founded in 1987, AMSC is headquartered near Boston, Massachusetts with operations in Asia, Australia, Europe and North America. For more information, please visit www.amsc.com(In thousands, except per share data)(In thousands, except per share data)(In thousands)(In thousands, except per share data)(In millions, except per share data)Investor Relations Contact:LHA Investor Relations Carolyn Capaccio (212) 838-3777 [email protected] Golez 978-399-8344 [email protected] (GlobeNewsWire)
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