Total net revenues for the first quarter were $4.8 million, an increase of 11 percent compared to $4.4 million in the year ago first quarter. Net commercial product revenues for the first quarter of 2006 increased 19 percent to $4.5 million compared to $3.8 million in the first quarter of 2005. Government and other contract revenue totaled $342,000 during the 2006 first quarter compared to $571,000 during the year ago period.

Net loss for the first quarter was $3.2 million. This compares to a net loss of $5.5 million in the first quarter of 2005, which included special charges of approximately $700,000 in connection with restructuring and other activities. Net loss per diluted share was $0.26, compared to a net loss of $0.51 per diluted share in the same quarter of 2005.

"Building upon our fourth quarter success of expanding our customer base, we drove first quarter commercial revenues up 19 percent compared to a year ago. Additionally, we trimmed our operating expenses by 17 percent, further streamlining our administrative activities during the same period," said Jeff Quiram, STI's president and chief executive officer. "We also completed successful trials for our SuperLink(R) and AmpLink(TM) solutions in the first quarter with a new customer. The completion of these trials is additional proof we are successfully implementing our strategy to diversify our customer base and broaden the exposure of our solutions to new markets within our existing customer base."

As of April 1, 2006, STI had $14.5 million in working capital, including $9.3 million in cash and cash equivalents. During the first quarter, STI also completed a one-for-ten reverse stock split and regained compliance with Nasdaq's minimum price requirement for continued listing on the Nasdaq Capital Market. There were approximately 12.5 million shares of common stock outstanding as of April 1, 2006.

Quiram continued, "We also are continuing to strengthen our senior management team and hired Adam Shelton as Vice President of Product Management and Marketing. Adam is responsible for solution creation, product delivery and marketing, and will lead STI's mission to provide comprehensive solutions to our customers as they aggressively enhance their network capabilities."

Investor Conference Call

STI will host an investor conference call today at 1:30 p.m. Pacific Time, May 4, 2006. The call will be accessible live by dialing 800-257-1836. A replay will be available until May 8 by dialing 800-405-2236, pass code 11059297#. The call will also be simultaneously webcast and available on STI's web site at http://www.suptech.com .

Superconductor Technologies to Present at AeA Micro Cap Financial Conference

STI will present on Wednesday, May 10, 2006 at the AeA Micro Cap Financial Conference in Monterey, CA. Speaking from management will be Jeff Quiram, president and chief executive officer, and Adam Shelton, vice president of product management and marketing.

The event will be webcast live on the company's web site at www.suptech.com . For those unable to listen to the live broadcast, a replay will be available approximately one hour after the presentation ends and is accessible for 90 days.

About Superconductor Technologies Inc. (STI)

Superconductor Technologies Inc., headquartered in Santa Barbara, CA, is a leading provider of high performance infrastructure products for wireless voice and data applications. 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.

SuperLink and AmpLink are trademarks of Superconductor Technologies Inc. in the United States and in other countries. For information about STI, please visit www.suptech.com .

Safe Harbor Statement

The press release contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, STI's views on future fundraising plans, profitability, revenues, market growth, capital requirements and new product introductions and any other statements identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," "goals" or similar words. 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. For example, the financial results reported in this press release are based on certain assumptions and estimates made by management and are subject to adjustment prior to the filing of the Company's Quarterly Report on Form 10-Q with the SEC. Other factors and uncertainties include: fluctuations in product demand from quarter to quarter which can be significant; STI's ability to diversify its concentrated customer base; the impact of competitive filter products technologies and pricing; unanticipated decreases in the capital spending of wireless network operators; and manufacturing capacity constraints and difficulties. Forward-looking statements can be affected by many other factors, including, those described in the Risk Factors and the MD&A sections of its 2005 Annual Report on Form 10-K and most recent Form 10-Q. These documents are available online at STI's website, www.suptech.com www.sec.gov , or through the SEC's website, . 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

For further information please contact Investor Relations, Kirsten Chapman, invest@suptech.com, or Moriah Shilton, both of Lippert / Heilshorn & Associates, +1-415-433-3777, for Superconductor Technologies Inc.

- Tables to Follow - SUPERCONDUCTOR TECHNOLOGIES INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) Three Months Ended April 2, 2005 April 1, 2006 Net revenues: Commercial product revenues $3,768,000 $4,490,000 Government and other contract revenues 571,000 342,000 Sub license royalties 15,000 8,000 Total net revenues 4,354,000 4,840,000 Costs and expenses: Cost of commercial product revenues 4,199,000 3,858,000 Contract research and development 683,000 304,000 Other research and development 1,161,000 1,301,000 Selling, general and administrative 3,782,000 2,717,000 Restructuring expenses 84,000 -- Total costs and expenses 9,909,000 8,180,000 Loss from operations (5,555,000) (3,340,000) Interest income 57,000 127,000 Interest expense (39,000) (13,000) Net loss $(5,537,000) $(3,226,000) Basic and diluted loss per common share $(0.51) $(0.26) Weighted average number of common shares outstanding 10,771,102 12,483,367 SUPERCONDUCTOR TECHNOLOGIES INC. CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) ASSETS December 31, April 1, 2005 2006 Current Assets: (See Note) Cash and cash equivalents $13,018,000 $9,294,000 Accounts receivable, net 2,166,000 1,535,000 Inventory, net 5,364,000 6,932,000 Prepaid expenses and other current assets 723,000 571,000 Total Current Assets 21,271,000 18,332,000 Property and equipment, net of accumulated depreciation of $17,295,000 and $17,064,000, respectively 7,803,000 7,330,000 Patents, licenses and purchased technology, net of accumulated amortization of $1,065,000 and $1,146,000, respectively 2,514,000 2,445,000 Goodwill 20,107,000 20,107,000 Other assets 350,000 313,000 Total Assets $52,045,000 $48,527,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Line of credit $0 $0 Accounts payable 2,036,000 2,231,000 Accrued expenses 1,998,000 1,582,000 Current portion of capitalized lease obligations and long-term debt 19,000 19,000 Total Current Liabilities 4,053,000 3,832,000 Capitalized lease obligations and long-term debt 14,000 9,000 Other long-term liabilities 721,000 606,000 Total Liabilities 4,788,000 4,447,000 Commitments and contingencies Stockholders' Equity: Preferred stock, $.001 par value, 2,000,000 shares authorized, none issued and outstanding -- -- Common stock, $.001 par value, 250,000,000 shares authorized, 12,483,367 shares issued and outstanding 125,000 12,000 Capital in excess of par value 208,432,000 208,594,000 Notes receivable from stockholder (65,000) (65,000) Accumulated deficit (161,235,000) (164,461,000) Total Stockholders' Equity 47,257,000 44,080,000 Total Liabilities and Stockholders' Equity $52,045,000 $48,527,000 Note -- December 31, 2005 balances were derived from audited financial statements SUPERCONDUCTOR TECHNOLOGIES INC. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) Three Months Ended April 2, 2005 April 1, 2006 CASH FLOWS FROM OPERATING ACTIVITIES: Net loss $(5,537,000) $(3,226,000) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 741,000 713,000 Warrants/Options 51,000 Provision for excess and obsolete inventories 90,000 90,000 Forgiveness of note receivable 150,000 -- Changes in assets and liabilities: Accounts receivable 207,000 631,000 Inventory 318,000 (1,658,000) Prepaid expenses and other current assets 80,000 152,000 Patents, licenses and purchased technology (43,000) (13,000) Other assets (23,000) 38,000 Accounts payable, accrued expenses and other long-term liabilities (181,000) (339,000) Net cash used in operating activities (4,198,000) (3,561,000) CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (33,000) (159,000) Net cash used in investing activities (33,000) (159,000) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from short-term borrowings 662,000 -- Payments on short-term borrowings (938,000) -- Payments on long-term obligations (18,000) (4,000) Proceeds from exercise of stock options and warrants -- -- Payment of common stock issuance costs (797,000) -- Net cash used in financing activities (1,091,000) (4,000) Net decrease in cash and cash equivalents (5,322,000) (3,724,000) Cash and cash equivalents at beginning of period 12,802,000 13,018,000 Cash and cash equivalents at end of period $7,480,000 $9,294,000

CONTACT: Kirsten Chapman, invest@suptech.com, or Moriah Shilton, both ofLippert / Heilshorn & Associates, +1-415-433-3777, for SuperconductorTechnologies Inc.

Web site: http://www.suptech.com/