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American Superconductor to Host Investor Meeting in New York City

WESTBOROUGH, Mass, Nov 6, 2002 /PRNewswire-FirstCall via COMTEX/ -- American Superconductor Corporation (AMSC), a leading global supplier of superconductor products and power electronic converters for the electric power industry, today announced it is hosting a meeting in New York City for current and prospective investors.


Chief Executive Officer Greg Yurek and Chief Financial Officer Stan Piekos will present at the Palace Hotel, 455 Madison Ave, Wednesday, November 6, at 7:30 am. The presentation can be viewed on American Superconductor's website at http://www.amsuper.com/investors.htm.

Mr. Yurek and Mr. Piekos will discuss recent business activity across each of the company's three business units including status of the company's high temperature superconductor (HTS) wire operations, progress in its development of the world's first HTS ship propulsion motor, new developments in the company's power electronic systems business unit, as well as a review of recent financial performance.

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