Extra May, 2005

Date of Issue: May 2, 2005

Superconductivity Web21
Superconductivity

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What’s New in the World of Superconductivity (March)
GeneralBattelle (March 9, 2005)
US President George W. Bush toured Battelle, observing demonstrations of a numberof technologies with energy-related applications that are being developed by Battelle and thefive Department of Energy national laboratories that Battelle manages or co-manages. Includedin the tour was a presentation on grid reliability that focused on the ability of HTS cables tohandle much larger electrical loads than existing power lines. Monitoring and control
technologies to enable grid operators to detect problems and reduce loads without affecting
end-users were also highlighted in the presentation. Most of Battelle’s research in this area isbeing conducted at the Pacific Northwest and Oak Ridge National Laboratories.
Source:“PRESIDENT GEORGE W. BUSH VIEWS ENERGY INNOVATIONS DURING VISIT TO
BATTELLE”
Battelle press release (March 9, 2005)
http://www.battelle.org/news/05/03-09-05VIPVisit.stmPowerTrithor (March 9, 2005)
Trithor has announced that Oswald Elektromotoren GmbH has received a complete
set of Trithor’s HTS coils (40 pancake coils) for use in a novel tube drawing device introduced
under the brand name of LIMODRAW™. The LIMODRAW technology allows contactless forces
to be applied in both pulling and pushing directions, enabling increased deformation rates.
Productivity is also increased because of the faster line speed. Oswald Elektromotoren isdeveloping the drawing device for Bültmann GmbH, a world leader in the manufacturing ofproduction equipment for semi-finished products. Bernhard Oswald, Managing Director ofOswald Elektromotoren GmbH commented, “As a technology leader in linear electromagneticmotion, we are specifically thrilled to turn Trithor’s high-quality coil products into a complete
motion device for integration into Bültmann’s metal-forming equipment. This is the first time
HTS is used to create AC fields in the stator of a motion device”. The development program isbeing funded by a two-year contract from the European Commission.
Source:“Trithor’s Products Applied to Industrial Metal Forming Technology”
Trithor press release (March 9, 2005)
http://www.trithor.de/pdf/2005-03TrithorLimodraw_ENG.pdf
American Superconductor Corporation (March 10, 2005)
American Superconductor Corporation (AMSC) has exercised their underwriters’
over-allotment option in connection with their recent public offering and completed the sale ofExtra May, 2005

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Date of Issue: May 2, 2005

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an additional 600,000 shares of common stock. The net proceeds from the over-allotment
option totaled approximately US $5.9 million; after deducting the underwriting discounts andcommissions, AMSC will receive approximately $45.5 million. The proceeds will be primarily
used for working capital and general corporate purposes, including capital expenditures for the
scale-up of 2G HTS wire manufacturing.
Source:“American Superconductor Announces Exercise of Over-Allotment Option for Public Offering”
American Superconductor Corporation press release (March 10, 2005)
http://phx.corporate-ir.net/phoenix.zhtml?c=86422&p=irol-newsArticle_Print&ID=683945&highlight
American Superconductor Corporation, Quantum Design, and HTS-110 Ltd. (March 16, 2005)
American Superconductor Corporation (AMSC), Quantum Design, and HTS-110 Ltd.
have announced the introduction of a new product for measuring the fundamental physicalproperties of materials. This instrument represents a new member of Quantum Design’s Physical
Property Measurement Systems® (PPMS), which enable the automated characterization of thethermal, magnetic, and electrical properties of advanced materials. The new instrument, known
as the PPMS NitroLab, features a 1-Tesla HTS electromagnetic coil produced by HTS-110 Ltd.
using AMSC’s HTS wire; the instrument is cooled by liquid nitrogen to increase the product’sversatility and lower its operating costs relative to similar systems that utilize copper or LTS wire.
Quantum Design expects the first sales of this product to occur within the next nine months.
Source:“Quantum Design Introduces New High Temperature Superconductor-Based Product for
Physical Property Measurements”
American Superconductor Corporation press release (March 16, 2005)
http://phx.corporate-ir.net/phoenix.zhtml?c=86422&p=irol-newsArticle_Print&ID=686044&highlight
Intermagnetics General Corporation (March 16, 2005)
Intermagnetics General Corporation has announced its financial results for the third quarter
ending February 27, 2005. Net income increased by 55% to US $8 million (excluding income fromthe sale of a division, acquisition- and integration-related expenses and certain non-cash items),
compared with a normalized net income of $5.2 million for same quarter in the previous fiscal year.
The reported net income for the third quarter was $24.7 million, while third-quarter net sales
amounted to $75.1 million, compared with $43.1 million for the same quarter in the previous year.
Glenn H. Epstein, chairman and chief executive officer of Intermagnetics, commented, "Ourbalance sheet … improved substantially as a result of strong cash flow which, coupled with theproceeds from the sale of Polycold, enabled us to pay down the entire 'revolving' portion of ourexisting $130 million credit facility, leaving about $21 million in long-term debt… Our financings
related to the 2004 acquisitions of Invivo and MRI Devices totaled around $112 million, so in alittle more than a year we have reduced that debt by more than 80%. Our interest expense will
now be dramatically reduced, and we are extremely well positioned to pursue a range of strategic
initiatives to augment the future growth prospects of Intermagnetics."
The third-quarter revenue of SuperPower Inc., a subsidiary of Intermagnetics, totaled $3.6
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million, compared with $1.5 million for the previous year. Intermagnetics decreased theirinvestment in SuperPower’s developmental operations to $1.3 million from $1.7 million for thesame quarter in the previous years because of accelerated revenue from third-party sources.
SuperPower also recorded new orders for ongoing development programs that are expected tosupport project activities through to FY2006. SuperPower also has started delivering 2G HTS
wire to multiple third-party customers in preparation for the start of its commercial operation in2006.
Source:“Intermagnetics Reports Strong Q3 Net Income”
Intermagnetics General Corporation press release (March 16, 2005)
http://phx.corporate-ir.net/phoenix.zhtml?c=88261&p=irol-newsArticle&ID=686495&highlight

Communication
Superconductor Technologies Inc. (March 10, 2005)
Superconductor Technologies Inc. has announced their financial results for the fourth
quarter ending December 31, 2004. Total net revenues fell by 76% to US $3.9 million, comparedwith $16.4 for the same quarter in the previous fiscal year. Net commercial product revenues also
fell by 77% to $3 million, compared with $12.9 million for the same quarter in the previous fiscalyear. Government and other contract revenues also decreased to $950,000, compared with $3.4
million for the same quarter in the previous fiscal year. The net loss for the quarter was $11.3
million, including restructuring and impairment charges of $1.9 million as well as increased
inventory obsolescence reserves of $4.2 million. M. Peter Thomas, STI's president and chief
executive officer, commented, “As previously announced, our lower than expected fourth quarter
revenues reflected delays in receiving a few large government and commercial purchase orders,which the company now expects to receive in 2005. On the other hand, we secured a follow-on
purchase contract from one of our major customers in December, which calls for minimum
shipments in 2005 of about $7.25 million. Furthermore, our immediately shippable backlog at theend of 2004 was $730,000, as compared with $250,000 at the end of 2003."
The company’s total net revenues for 2004 were $23 million, a 53% decrease from the$49.4 million reported for 2003. Net commercial product revenue fell 56% to $16.8 million in 2004,
from $38.6 million in 2003. Government and other contract revenues amounted to $6.2 million in
2004, compared with $10.8 million in 2003.
Source:“Superconductor Technologies Inc. Announces Fourth Quarter and Year-End 2004 Results”
Superconductor Technologies Inc. press release (March 10, 2005)
http://phx.corporate-ir.net/staging/phoenix.zhtml?c=70847&p=irol-newsArticle&ID=684158&hig
hlightAccelerator
Italian Institute of Nuclear Physics (March 1, 2005)
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Date of Issue: May 2, 2005Superconductivity Web21
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The Italian Institute of Nuclear Physics has announced the completion of the largest
superconducting solenoid in the world, capable of generating a magnetic field of 4 Tesla. The
solenoid, which is composed of five huge modules (each with a diameter of 6 meters, a length of
2.5 meters, and a weight of 50 tonnes), will be used in the Compact Muon Solenoid (CMS)
experiment to be performed at CERN once the Large Hadron Collider (LHC) has been completed.
The main objective of the CMS experiment is the identification of the elusive Higgs boson, which
has never been directly observed. The CMS magnet is the result of a large international
collaboration consisting of the Italian Institute of Nuclear Physics, CERN, the Commissariat pourl'Energie Atomic (CEA; France), the Polytechnic of Zurich (ETH-Z; Switzerland) and industries inItaly, France, Switzerland, Germany, Russia and many other countries. The fabrication of theCMS solenoid required a 10-year effort and an investment of about € 80 million. The CMS
solenoid should be installed in the LHC by the summer of 2006.
Source:“Consigned to CERN the last component of CMS magnet”
Italian Institute of Nuclear Physics (March 1, 2005)
http://www.infn.it/indexen.php
CERN (March 7, 2005)
CERN announced that the first of the 1232 superconducting dipole magnets has been
lowered into the accelerator tunnel of the Large Hadron Collider (LHC). The descent of the15-meter, 35-tonne dipole marked the start of the LHC’s installation. The superconducting
dipole magnets will be the most complex components of the LHC, producing extremely highmagnetic fields that will be used to bend the trajectory of protons that are being accelerated to aspeed close to the speed of light. When the accelerated protons collide, they will releaseenergies of 14 teraelectronvolts (TeV), seventy times higher than those produced by the former
LEP collider, for which the circular tunnel (with a circumference of 27 km) was originally built.
The lowering of the first dipole magnet coincided with another milestone: the deliver of half thesuperconducting dipole magnets. The remaining 616 magnets are scheduled to arrive at CERN
by the autumn of 2006. The three magnet manufacturing sites at Babcock Noell Nuclear inGermany, Alstom in France, and Ansaldo in Italy are now producing between nine and ten
magnets per week. The LHC should be commissioned in 2007.
Source:“LHC magnets: The great descent”
CERN press release (March 7, 2005)
http://info.web.cern.ch/Press/PressReleases/Releases2005/PR02.05E1er-aimant.html(Akihiko Tsutai, Director, International Affairs Department, ISTEC)

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