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New
Release -- Superconductor Week does not edit or endorse the following
news release:
American
Superconductor Appoints John W. Wood Jr. to its Board of Directors
Westborough, MA, December 5:
American Superconductor
Corporation (NASDAQ:AMSC),
a leading energy technologies company, today announced that John W. Wood Jr. has
been appointed to the company's Board of Directors. Since 2003, Mr. Wood has
been chief executive officer of Analogic Corporation (NASDAQ: ALOG), a leading
designer and manufacturer of medical imaging and security systems. He will
retire from this position effective December 31, 2006. Mr. Wood's addition
expands the American Superconductor Board to nine members, eight of which are
independent.
Prior to joining Analogic in 2003, Mr. Wood, 63, held senior executive positions
over a 22-year career at Thermo Electron Corporation. Most recently, he served
as president of Peek Ltd., a division of Thermo Electron Corporation, and as a
senior vice president of the parent company. He previously served as president
and chief executive officer of Thermedics, a subsidiary of Thermo Electron. Mr.
Wood earned a Bachelor's degree in Electrical Engineering from Louisiana Tech
University and a Master's degree in Electrical Engineering from the
Massachusetts Institute of Technology.
"We look forward to having someone with John's wealth of experience and insights
on American Superconductor's Board as we continue to grow our business," said
Greg Yurek, chief executive officer and founder, American Superconductor. "John
has been at the helm of fast-growing, technology-based companies, and he knows
what it takes to succeed in that kind of environment. I am pleased that we will
be able to look to him for insight and guidance in the years ahead."
"American Superconductor is a dynamic energy technologies company with
tremendous worldwide growth prospects," Wood stated. "It is exciting to be
joining American Superconductor at this time in its history. I am looking
forward to working with management to help the company achieve its business
objectives."
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