December 14, 2011

Bruker Energy & Supercon Technologies Hires Franco Moriconi as Vice President of Product Development and Engineering for Power Grids

FREMONT, Calif.--(BUSINESS WIRE)--Dec. 14, 2011-- Bruker Energy & Supercon Technologies, Inc. (BEST), a leading developer and manufacturer of advanced superconducting materials and devices, announced today the appointment of Franco Moriconi as Vice President of Product Development and Engineering for Power Grids. Mr. Moriconi is now based at BEST’s California site in Fremont, where he will be responsible for extending BEST’s proprietary inductive superconducting fault current limiter (iSFCL) technology to transmission voltage levels.

"We are delighted that Franco has joined us as a senior manager for a key product line for BEST," stated Dr. Burkhard Prause, President and CEO of BEST. "Franco brings a wealth of superconducting fault current limiter experience, as well as in-depth knowledge of the electric power industry and devices such as motors, generators, and transformers.”

Dr. Klaus Schlenga, CTO of BEST, added: "I am very pleased to have Franco join our team, as he is one of the technical leaders in the industry for superconducting fault current limiters. Franco is ideally suited to help drive our strategy of supplying superconductor-based devices, particularly our iSFCL technology, to the market. BEST intends to have the capability to fully design and manufacture superconducting fault current limiters, and Franco is an important addition to our management team to achieve this capability with the most advanced technologies and robust products."

Mr. Franco Moriconi commented: "I am excited to join BEST and look forward to playing an important role in developing Bruker’s unique iSFCL capabilities and commercializing these devices for the future smart grid.”

Mr. Moriconi spent the last four years at Zenergy Power Inc., most recently as SVP of Engineering. Prior to that, he was at Wavezero, Inc. for four years and at ABB for 11 years, serving in a variety of technical positions in product development and manufacturing with a focus on electrical equipment, power systems, and energy efficiency. Mr. Moriconi received Bachelor’s and Master’s degrees in Mechanical Engineering from the University of California at Berkeley. Mr. Moriconi can be reached at 1-510-683-4336 or via email at franco.moriconi@bruker-est.com.

About Bruker Energy & Supercon Technologies, Inc.

BEST is a subsidiary of Bruker Corporation (NASDAQ: BRKR), and is a leader in the development and industrial manufacturing of advanced superconducting materials and superconducting devices for alternative energy, smart grid, healthcare, industrial and 'big science' applications. For more information on BEST, please visit http://www.bruker-est.com.

CAUTIONARY STATEMENT OF BEST

This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential," "continue" or other similar words.

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Source: Bruker Energy & Supercon Technologies, Inc.

Bruker Energy & Supercon Technologies, Inc.
Dr. Klaus Schlenga, +49 (6181) 4384 4130
Senior VP and CTO
klaus.schlenga@bruker-est.com