Industry News -- releases from industry, institutions, and government
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August 2005

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Intermagnetics' SuperPower Subsidiary Announces Progress at Albany HTS Cable Project

Albany, NY, August 31, 2005: Intermagnetics General Corporation’s Energy Technology subsidiary, SuperPower, Inc., announced today the successful completion of installation and functional testing by the BOC Group of the Cryogenic Refrigeration System  for its Albany High-Temperature Superconducting Cable Project. U. S. Senator Charles E. Schumer visited the cable site at the North Albany Service Center of Niagara Mohawk, a National Grid Company, to view the progress made on this $26 million project, that is receiving $13 million in funding through the U.S. Department of Energy’s Superconductivity Partnerships with Industry program. An additional $6 million in funding comes from the New York State Energy Research and Development Authority. 
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CERN Prepares CMS Magnet for Installation in Cryostat

Geneva, Aug. 25, 2005:  Important milestones have been successfully reached today in the installation of the two largest magnets ever built for experiments at CERN*. At one side of the 27 km ring of the future Large Hadron Collider (LHC), the 230 tonne solenoid magnet for the CMS experiment has been rotated through 90° prior to insertion into its cryostat – the jacket that will cool the magnet to 4.2 K (-269° C). At the opposite side of the ring, in the underground cavern where the ATLAS detector is being constructed, the last of eight 25-m long toroid magnet coils has been put into place, to complete a huge magnetic “barrel” that forms a major part of the detector.
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Semiconductor Tracker Leaves the UK for CERN

Aug 24, 2005: After years of painstaking effort, the last of the 4 barrels that make up the central part of the Semiconductor Tracker (SCT), the heart of the biggest physics collaboration in the world has today (August 24^th) left Oxford for its new home at the European Particle Physics Laboratory, CERN, near Geneva.
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Cold Linac Commissioning a Major Step for ORNL’s Spallation Neutron Source

Oak Ridge, Tenn., August 19: The Spallation Neutron Source at the Department of Energy’s Oak Ridge National Laboratory has met a crucial milestone on its way to completion in June 2006 -- operation of the superconducting section of its linear accelerator.  The SNS linac has two sections: a room-temperature, or warm, section, which completed its commissioning last January, and a superconducting, or cold, section, which operates at temperatures hundreds of degrees below zero. The cold linac provides the bulk of the power that drives the linac, and has already achieved an energy level of 865 MeV, which is about 75 percent of the speed of light. The SNS linac is the world’s first high energy, high power linac to apply superconducting technology to the acceleration of protons.
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Sally Dawson Named Chair of Brookhaven Lab’s Physics Department

Upton, NY, Aug. 19: Sally Dawson has been named chair of the Physics Department at the U.S. Department of Energy’s (DOE) Brookhaven National Laboratory, effective July 1. She succeeds Samuel Aronson, who was promoted to Associate Laboratory Director for High Energy and Nuclear Physics.
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VSM MedTech Awarded MEG Contract by Cincinnati Children's Hospital 

Vancouver, Aug. 18: VSM MedTech Ltd., a leading supplier of magnetoencephalography (MEG) systems for noninvasive imaging of brain function, today announced that it has been awarded a contract to provide a 275-channel CTF MEG(TM) system to Cincinnati Children's Hospital Medical Center in Cincinnati, Ohio. The system is scheduled to be installed in the Division of Neurology's Clinical Neurophysiology Laboratory in the fourth quarter of 2005.
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Siemens Develops 4MVA HTS Generator  

Aug. 16: Siemens has put into operation the first generator in the world with high- temperature superconductors (HTS) to provide an extremely energy- efficient form of propulsion for ships in the future. Instead of a copper magnet coil, the generator contains thin superconducting wires that conduct electric current with virtually no resistance at all. This results in almost a halving of weight and volume and a significant reduction in energy losses, leading ultimately to a significant improvement in electrical efficiency. 
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Superconductor Technologies Closes $12.5 Million Directed Public Offering 

Santa Barbara, Calif., Aug. 16: Superconductor Technologies Inc. announced today that it has closed the sale of $12.5 million of common stock and warrants in a registered direct offering.  Under the terms of the transaction, STI sold 17,123,288 shares of common stock and 3,424,658 warrants to purchase common stock to a select group of institutional investors.  The offering generated set proceeds of $11.4 million. 
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VSM MedTech Reports Results for Second Quarter Fiscal 2005

Vancouver, Aug. 11: VSM MedTech Ltd. (TSX:VSM) today reported its financial results for the second quarter ended June 30, 2005. Highlights for the second quarter of fiscal 2005: awarded two contracts to provide 275-channel CTF MEG(TM) systems to Aston University in Birmingham, UK and Cardiff University in Cardiff,  Wales; achieved 267% year-over-year increase in Vital Signs Monitoring revenue to $439,000.
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New Director for CCLRC Particle Physics 

August 10: Dr John Womersley will join the CCLRC as Director of Particle Physics. Dr Womersley, who will start work on 1 October and is based at the Rutherford Appleton Laboratory, was previously working at Fermilab in the USA .  For the last year he has been in Washington as Scientific Adviser to the Associate Director of High Energy Physics in the Department of Energy.  His new post gives him responsibility for the particle physics research programme; he will also advise the CCLRC on its future particle physics strategy.
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American Superconductor Reports Fiscal 2006 First Quarter Results

Westborough, Mass., Aug. 4: American Superconductor Corporation, a leading electricity solutions company, today reported financial results for the first quarter of fiscal 2006 ended June 30, 2005. Revenues for the first quarter were $12.2 million, a 4% decrease from revenues of $12.7 million for the same quarter a year ago. The net loss for the first quarter was $5.6 million, or $0.17 per share, compared with a net loss of $4.9 million, or $0.18 per share, for the same period last year.
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Start of Free-Electron Laser at DESY

Hamburg , Germany, Aug. 4, 2005: With the symbolic push of a button, German Federal Chancellor Gerhard Schröder handed over the new free-electron laser VUV-FEL at the research center DESY to the scientists on the afternoon of Wednesday, August 3. "This worldwide unique pioneering facility for free-electron lasers for the generation of X-ray radiation is thus now at the disposal of the scientific users," comments Professor Albrecht Wagner, Chairman of the DESY Board of Directors, who welcomed the chancellor together with Hamburg's Science Senator Jörg Dräger, Ph.D.
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American Superconductor Achieves Important Benchmarks for Commercialization of Second Generation High Temperature Superconductor Wire

Washington, Aug. 3: American Superconductor Corporation, a leading electricity solutions company, announced that it has achieved several  significant benchmarks important to the commercialization of second generation (2G) HTS wire  including record lengths of a new three-ply, 4.4-millimeter (mm) wide, 2G HTS wire, fabrication  and testing of electromagnetic coils utilizing this wire, and new record 2G wire performance  levels.  
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Superconductor Technologies Inc. Announces Second Quarter 2005 Results

Santa Barbara, Calif., Aug. 3:  Superconductor Technologies Inc. (“STI”), a leading provider of high performance infrastructure products for wireless voice and data applications, today  announced results for the quarter and six months ended July 2, 2005.  Total net revenues for the second quarter were $8.6 million, an increase of 36 percent, compared to $6.3 million for the year ago second quarter.
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Intermagnetics' SuperPower Subsidiary Sets New World Record In Second-Generation HTS Wire Performance

Latham, N.Y., Aug. 3: Intermagnetics General Corporation's (Nasdaq: IMGC) Energy Technology subsidiary, SuperPower, Inc., today announced that it has achieved world record performance of more than 100 amperes in a 206 meter length of second-generation (2G) high-temperature superconducting (HTS) wire. This 22,000 amp-meter performance more than doubles the performance announced by SuperPower in January 2005, and improves on the previous world record set by a Japanese company by nearly 2,000 amp- meters. 

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VSM MedTech Customer Revises MEG Order Montreal Neurological Institute to Acquire 275-Channel CTF MEG System

Vancouver, BC, Aug. 3: VSM MedTech Ltd. (TSX:VSM) today announced that the Montreal Neurological Institute and Hospital (MNI) at McGill University in Montreal, Quebec has revised its outstanding MEG order and will purchase a 275-channel CTF MEG(TM) system rather than the 151-channel configuration announced previously. MNI awarded VSM the original contract for a 151-channel MEG system in April 2002. Due to delays in the construction of McGill's McConnell Brain Imaging Centre where the system will be housed, the VSM system has not been delivered as of this date.

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Alex Malozemoff, Chief Technical Officer of American Superconductor, Awarded Superconductor Industry Person of the Year Award by Superconductor Week

Westborough, Mass., August 1: American Superconductor Corporation (NASDAQ:AMSC) , a leading electricity solutions company, today announced that Alex Malozemoff, Ph.D. executive vice president and chief technology officer, has been selected as a co-recipient of Superconductor Week's 2005 Superconductor Industry Person of the Year Award. The award is the only international award recognizing individual achievement in the global effort to develop and commercialize both high and low temperature superconductors.
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