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"We now have a clear pathway to produce HTS wire with price-performance ratios equivalent to copper."

Santamaria noted that AMSC already shipped 6,800 meters of 344 superconductors to customers and was on track to ship an additional 3,200 meters of this wire by the end of March 2007. The wire is being utilized by 33 customers in 11 countries around the world to design HTS products such as power cables, generators and grid-level surge protectors called fault current limiters. "Progress toward making and operating demonstration devices made with 344 superconductors has been excellent," said Santamaria. "We expect results for some of these devices to be achieved and reported over the next several months."

The calendar year 2007 press release boom is starting. The years of "look at what we got" has now changed to "look at what we can produce." This is excellent news for investors who have waited for the day this company could start to have meaningful revenue and stop the high cash burn rate.

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