Superconductor Technologies Inc. on Preliminary List of Additions to Russell Microcap Index

Superconductor Technologies Inc. on Preliminary List of Additions to Russell
Microcap Index

AUSTIN, Texas, June 17, 2014 (GLOBE NEWSWIRE) -- Superconductor Technologies
Inc. (Nasdaq:SCON) ("STI"), a world leader in the development and production
of high temperature superconducting (HTS) materials and associated
technologies, announced it was included in the preliminary list of additions
to the Russell Microcap® Index according to information posted by Russell
Investments on June 13, 2014. The final 2014 reconstitution of the Russell
Indexes will take place after the market closes on June 27, 2014 and final
membership lists will be posted on June 30, 2014, with trading in the
reconstituted indexes commencing that same day.

The Russell Microcap® Index measures the performance of the microcap segment
of the U.S. equity market and is composed of the 1,000 companies with the
smallest market capitalization in the Russell 2000® Index, plus the next
smallest 1,000 eligible securities by market cap. Inclusion in the Russell
Microcap® Index will remain in place for the ensuing 12-month period. The
Russell Indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for passive and active investment
strategies. According to Russell Investments, $4.1 trillion in institutional
assets currently are benchmarked to its indexes. The Russell Microcap® Index
is completely reconstituted annually to ensure new and growing equities are
reflected and companies continue to reflect appropriate capitalization and
value characteristics. http://www.russell.com/indexes/americas/default.page

About Superconductor Technologies Inc. (STI)

Superconductor Technologies Inc., headquartered in Austin, TX, has been a
world leader in HTS materials since 1987, developing more than 100 patents as
well as proprietary trade secrets and manufacturing expertise. For more than a
decade, STI has been providing innovative interference elimination and network
enhancement solutions to the commercial wireless industry. The company is
currently leveraging its key enabling technologies, including RF filtering,
HTS materials and cryogenics to develop energy efficient, cost-effective and
high performance second generation (2G) HTS wire for existing and emerging
power applications, to develop applications for advanced RF wireless solutions
and innovative adaptive filtering, and for government R&D. Superconductor
Technologies Inc.'s common stock is listed on the NASDAQ Capital Market under
the ticker symbol "SCON." For more information about STI, please visit
http://www.suptech.com.

Safe Harbor Statement

Statements in this press release regarding our business that are not
historical facts are "forward-looking statements" that involve risks and
uncertainties. Forward-looking statements are not guarantees of future
performance and are inherently subject to uncertainties and other factors,
which could cause actual results to differ materially from the forward-looking
statements. These factors and uncertainties include, but are not limited to:
our limited cash and a history of losses; the limited number of potential
customers; the limited number of suppliers for some of our components and our
HTS wire; there being no significant backlog from quarter to quarter; our
market being characterized by rapidly advancing technology; overcoming
technical challenges in attaining milestones to develop and manufacture
commercial lengths of our HTS wire; customer acceptance of our HTS wire;
fluctuations in product demand from quarter to quarter; the impact of
competitive filter products, technologies and pricing; manufacturing capacity
constraints and difficulties; our ability to raise sufficient capital to fund
our operations, and the impact on our strategic wire initiative of any
inability to raise such funds; the impact of any such financing activity on
the level of our stock price, and local, regional, and national and
international economic conditions and events and the impact they may have on
us and our customers, such as the current worldwide recession.

Forward-looking statements can be affected by many other factors, including,
those described in the "Business" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" sections of STI's Annual Report
on Form 10-K for the year ended December 31, 2013 and in STI's other public
filings. These documents are available online at STI's website,
www.suptech.com, or through the SEC's website, www.sec.gov. Forward-looking
statements are based on information presently available to senior management,
and STI has not assumed any duty to update any forward-looking statements.

Contact: Investor Relations Contact
Cathy Mattison or Kirsten Chapman
LHA
+1-415-433-3777
invest@suptech.com

Superconductor Technologies Inc. Logo
 
Press spacebar to pause and continue. Press esc to stop.