SatCon to Announce Second Quarter Fiscal 2008 Financial Results on Tuesday, August 12

SatCon Technology Corporation (Nasdaq CM:SATC), a leading provider of utility scale renewable energy solutions for distributed power markets, plans to announce its financial results for the second quarter of fiscal 2008 after the close of market on Tuesday, August 12, 2008. In conjunction with the announcement, the company will host a conference call that day at 5:00 p.m. ET.

To participate in the conference call, please dial (877) 660-8922 (U.S. and Canada) or (719) 325-4896 (International). The call will also be available as a live and archived audio webcast on the “Investors” section of SatCon’s website at www.SatCon.com.

About SatCon

SatCon Technology Corporation is the leading provider of utility scale renewable energy solutions for distributed power markets, enabling the industry’s most advanced, reliable and proven clean energy alternatives. For over 22 years, SatCon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems. To learn more about SatCon, please visit www.SatCon.com.