SANTA BARBARA, Calif., March 10, 2009 (GLOBE NEWSWIRE) -- Superconductor Technologies Inc. (STI) (Nasdaq:SCON), a leading provider of advanced wireless solutions, innovative adaptive filtering, and world class cryogenic products for commercial and government applications, was awarded a contract modification by the U. S. Air Force for the next 12 month phase of work on the SURF program. The additional funds were awarded based on successful completion of milestones on the first phase of the program. The modification increases the current contract funded amount by $4.1 million.
"This award builds on the successful April 2007 SURF Phase I program for which STI developed Semiconductor-Tuned High Temperature Superconducting Filters for Ultra-Sensitive Radio Frequency Receivers (SURF)," said Jeff Quiram, STI's president and chief executive officer. "In Phase I, STI demonstrated its adaptive, tunable filtering increases speed while reducing size and cost for military programs. In Phase II, we will expand our contract R&D role with the Defense Advanced Research Projects Agency (DARPA) by developing test units. We are excited to move forward on our corporate goal of achieving significant product sales to the U.S. government and look forward to continuing to be a partner in DARPA's future success."
The U.S. Air Force conducts research, development, test and evaluation, and provides the acquisition management services and logistics support necessary to keep U.S. Air Force weapon systems ready for war.
About Superconductor Technologies Inc. (STI)
STI, headquartered in Santa Barbara, CA, is a leading provider of high performance infrastructure products for wireless voice and data application as well as advanced HTS thin film deposition techniques and cooling technologies. Commercially, STI's SuperLink(r) solution increases capacity utilization, lowers dropped and blocked calls, extends coverage, and enables faster wireless data rates. Its AmpLink(tm) solution enhances the performance of wireless base stations by improving receiver sensitivity and geographic coverage.
For information about STI, please visit http://www.suptech.com.
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