AUSTIN, Texas, April 17, 2012 (GLOBE NEWSWIRE) -- Superconductor Technologies, Inc. (Nasdaq:SCON) ("STI"), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, will exhibit its Conductus® superconducting wire and associated cryocooling solutions in Hall 13, Stand C51 in SuperConductingCity at Hannover Messe held in Germany from April 23rd through 27th.
"STI is excited to introduce our Conductus 2G HTS wire at Hannover Messe, the renowned world trade fair that is highlighting superconductivity as a key technology of the future," said Adam Shelton, STI's VP of Product Line Management and Marketing. "The green-intelligence venue is an ideal forum for superconducting and energy focused companies to engage in business dialogue and technical exchange. SuperConductingCity will attract global trade visitors and technology partners from the business and scientific communities, and our booth is strategically located in the central display area in Hall 13 close to the busiest entrance to the whole exhibition complex (Eingang WEST/WEST Entrance)."
With more than 10,000 exhibitors and drawing over 40,000 visitors from around the globe, HANNOVER MESSE is the largest tradeshow worldwide in the Energy category, focusing on topics like Renewable and Conventional Power Generation, Power Supply, Transmission, Distribution and Storage.
About HANNOVER MESSE (the Hannover Fair)
The world's leading showcase for industrial technology is staged annually in Hannover, Germany. The next HANNOVER MESSE will be held from 23 to 27 April 2012, with China to be featured as its official Partner Country. Eight flagship fairs are taking place under the umbrella of HANNOVER MESSE 2012: Industrial Automation - Eenergy - MobiliTec - Digital Factory - Industrial Supply - CoilTechnica - IndustrialGreenTec - Research & Technology. In 2012 the spotlight will be on industrial automation and IT, energy and environmental technologies, industrial subcontracting, manufacturing technologies, services and R&D. http://www.hannovermesse.de/home
About Superconductor Technologies Inc. (STI)
Superconductor Technologies Inc., headquartered in Austin, TX, has been a world leader in HTS materials since 1987, developing more than 100 patents as well as proprietary trade secrets and manufacturing expertise. For more than a decade, STI has been providing innovative interference elimination and network enhancement solutions to the commercial wireless industry. The company is currently leveraging its key enabling technologies, including RF filtering, HTS materials and cryogenics to develop energy efficient, cost-effective and high performance second generation (2G) HTS wire for existing and emerging power applications, to develop applications for advanced RF wireless solutions and innovative adaptive filtering, and for government R&D. Superconductor Technologies Inc.'s common stock is listed on the NASDAQ Capital Market under the ticker symbol "SCON." For more information about STI, please visit http://www.suptech.com.
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Safe Harbor Statement
Statements in this press release regarding our business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors, which could cause actual results to differ materially from the forward-looking statements. These factors and uncertainties include, but are not limited to: our limited cash and a history of losses; the limited number of potential customers; the limited number of suppliers for some of our components; there being no significant backlog from quarter to quarter; our market being characterized by rapidly advancing technology; overcoming technical challenges in attaining milestones to develop and manufacture commercial lengths of our HTS wire; customer acceptance of our HTS wire; fluctuations in product demand from quarter to quarter; the impact of competitive filter products, technologies and pricing; manufacturing capacity constraints and difficulties; and local, regional, and national and international economic conditions and events and the impact they may have on us and our customers, such as the current worldwide recession.
Forward-looking statements can be affected by many other factors, including, those described in the "Business" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of STI's Annual Report on Form 10-K for the year ended December 31, 2011 and in STI's other public filings. These documents are available online at STI's website, www.suptech.com, or through the SEC's website, www.sec.gov. Forward-looking statements are based on information presently available to senior management, and STI has not assumed any duty to update any forward-looking statements.
Investor Relations, firstname.lastname@example.org, Cathy Mattison or Kirsten Chapman of LHA, +1-415-433-3777, for Superconductor Technologies Inc.