Satcon Added to Russell 3000 Index

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 1:05pm EDT

BOSTON--(Business Wire)--
Satcon (NASDAQ CM: SATC), a leading provider of utility scale distributed power
solutions for the renewable energy market, announced today that it has been
added to the Russell 3000 Index following the Russell Investment Group`s
reconstitution of its family of U.S. indices on June 26, 2009. 

Annual reconstitution of Russell`s U.S. indexes captures the 4,000 largest U.S.
stocks as of the end of May, ranking them by total market capitalization.
Membership in the Russell 3000, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell
2000 Index as well as the appropriate growth and value style indexes. Russell
determines membership for its equity indexes primarily by objective,
market-capitalization rankings and style attributes. The Russell 3000 also
serves as the U.S. component to the Russell Global Index, which Russell launched
in 2007. 

"We are very pleased to have been included in this year`s reconstitution of
Russell Indexes as it will generate greater interest in our stock among
institutional investors," said Steve Rhoades, President and Chief Executive
Officer of Satcon. "The company has been very focused on building shareholder
value and driving performance of our renewable energy solutions business, and
inclusion in this credible global equity index is a clear indication of our
progress." 

Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. Russell estimates that $4.4 trillion in assets currently
are benchmarked to their indexes. More information on the Russell 3000 and other
Russell Indexes is available at http://www.russell.com. 

About Satcon

Satcon Technology Corporation is a leading provider of utility scale distributed
power solutions for the renewable energy market, enabling the industry`s most
advanced, reliable and proven clean energy alternatives. For over 24 years,
Satcon has designed and delivered the next generation of efficient energy
systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy
storage systems. To learn more about Satcon, please visit www.Satcon.com. 

Safe Harbor

Statements made in this press release that are not historical facts or which
apply prospectively are forward-looking statements that involve risks and
uncertainties. These forward-looking statements are identified by the use of
terms and phrases such as "will," "intends," "believes," "expects," "plans,"
"anticipates" and similar expressions. Investors should not rely on forward
looking statements because they are subject to a variety of risks and
uncertainties and other factors that could cause actual results to differ
materially from the company's expectation. Additional information concerning
risk factors is contained from time to time in the company's SEC filings,
including its Annual Report on Form 10-K and other periodic reports filed with
the SEC. Forward-looking statements contained in this press release speak only
as of the date of this release. Subsequent events or circumstances occurring
after such date may render these statements incomplete or out of date. The
company expressly disclaims any obligation to update the information contained
in this release. 



Satcon Technology Corporation
Leah Gibson, 617-897-2400
Investor Relations Manager
leah.gibson@Satcon.com

Copyright Business Wire 2009

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