GlobeNewswire Inc | Feb 1, 2021 04:05PM EST

February 01, 2021

AYER, Mass., Feb. 01, 2021 (GLOBE NEWSWIRE) -- AMSC (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid and protect and expand the capability of the Navys fleet, today announced today that it plans to release its third quarter fiscal year 2020 financial resultsafter the market close onWednesday, February 3, 2021. In conjunction with this announcement,AMSCmanagement will participate in a conference call with investors and covering analysts beginning at10:00 a.m. Eastern TimeonThursday, February 4, 2021. On this call, management will discuss market trends, and the Companys recent accomplishments, financial results and business outlook.

Those who wish to listen to the live or archived conference call webcast should visit the Investors section of the Companys website at https://www.amsc.com. The live call can also be accessed by dialing 866-269-4261 or 323-289-6576 and using conference ID 1666219.A replay of the call may be accessed 2 hours following the call by dialing 888-203-1112 or 719-457-0820 and using conference passcode 1666219.

About AMSC (Nasdaq: AMSC)AMSC generates the ideas, technologies and solutions that meet the worlds 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 Companys 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.

AMSC, American Superconductor, Smarter, Cleaner Better Energy, Gridtec, Marinetec, Windtec andOrchestrate the Rhythm and Harmony of Power on the Gridare trademarks or registered trademarks of American Superconductor Corporation. All other brand names, product names, trademarks or service marks belong to their respective holders.

AMSC Contacts AMSC Communications Manager: Investor Relations Contact:Nicol Golez LHA Investor RelationsPhone: 978-399-8344 Carolyn Capaccio, CFANicol.Golez@amsc.com Phone: 212-838-3777 amscIR@lhai.com