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Superconductor Technologies Reports 2015 Third Quarter Results EXHIBIT 99.1

The following excerpt is from the company's SEC filing.

Superconductor Technologies Reports 2015 Third Quarter Results

Advancing the Commercialization of Superconducting Devices Optimized on Conductus Wire

AUSTIN, Texas, Nov. 10, 2015 (GLOBE NEWSWIRE) -- Superconductor Technologies Inc. (STI) (Nasdaq:SCON), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, reported results for the quarter ended Sept. 26, 2015.

"In the third quarter, we continued to be excited by our customers' plans to commercialize superconducting products that will revolutionize many industries, incl uding high field magnets and the electrical power grid," stated Jeff Quiram, STI's president and chief executive officer. "We expanded our reach within customers as they assign additional resources to complete projects. This quarter we increased shipments of Conductus

wire as customers complete rigorous evaluation testing. We received productive testing feedback, which we have incorporated in the next round. Although the qualification process has taken longer than our initial expectations, we believe we are close to approval with one or more customers.

"As the forecasted demand for projects in 2016 and beyond far exceeds our existing manufacturing capacity, our customers are working with us on plans to ensure they will have a reliable supply of high performance Conductus wire to commercialize their products. Our focus applications are superconducting fault current limiters (SFCL), magnets and power transmission cables. We are prioritizing customer opportunities that we believe are best positioned to aggressively deploy superconducting devices in the near term.

"With our partner the Robinson Research Institute, we shipped wire to two new magnet customers: one during the third quarter and one in October. Our relationship with the Robinson Institute continues to grow as we jointly provide a solution to customers with products that are unique in the industry. Together we have the ability to provide sub components that reduce the complexity of the original equipment manufacturers (OEMs) supply chain and shorten the time required to bring products to market. In October, we expanded our market reach by entering a distribution agreement with TING Corporation to supply the India market with Conductus wire. Since 2013, TING has sold 2G HTS wire to the Indian market for multiple customers and applications. We look forward to a successful relationship with TING," Quiram concluded.

Revenue for all periods was primarily from legacy wireless products. STI's third quarter 2015 net revenues were $91,000, compared to $71,000 in the second quarter of 2015 and $86,000 in the third quarter of 2014. Net loss for the third quarter 2015 was $2.4 million, or a loss of $0.14 per basic and diluted share, compared to a net loss of $2.4 million, or a loss of $0.14 per basic and diluted share, in the second quarter of 2015, and a net loss of $2.4 million, or a loss of $0.19 per basic and diluted share in the third quarter of 2014.

For the nine-month period ending Sept. 26, 2015, total net revenues were $217,000, compared to $550,000 for the first nine-months of 2014. The net loss for the first nine-months of 2015 was $6.2 million, or $0.39 per share, compared to $5.4 million, or $0.43 per share, which included a one-time gain of $3.5 million from the company's investment in Resonant Inc., in the second quarter of 2014.

As of Sept. 26, 2015, STI had $1.2 million in cash and cash equivalents. On Oct.14, 2015, STI closed a registered public offering with net proceeds of $8.6 million.

Investor Conference Call

STI will host a conference call and simultaneous webcast today, November 10

at 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time to discuss its results. Participating in the call will be Jeff Quiram, president and chief executive officer; and Bill Buchanan, vice president and chief financial officer. To listen to the...


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