SATC Satcon Technology Corp. (MM)

SatCon Technology Corporation (NASDAQ CM: SATC), a developer and supplier of power management and system architecture solutions for the alternative energy, distributed power and hybrid electric vehicle markets, announced today that on�December 20, 2007, SatCon Technology Corporation (the �Company�) held�a Special Meeting of Stockholders of the Company. A webcast of�the�Special Meeting�is currently available on the Company�s web site at www.satcon.com under "Investor Facts -- Company News -- Events & Presentations." About SatCon Technology Corporation SatCon Technology Corporation is a developer and manufacturer of electronics and generators/motors for the Renewable Energy, Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and Advanced Power Technology markets. For further information, please visit the SatCon website at www.satcon.com. SATC-G