EXHIBIT 99.7 PROXY CONDUCTUS, INC. PROXY PROXY FOR SPECIAL MEETING OF STOCKHOLDERS [ ], 2002 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned stockholder of CONDUCTUS, INC., a Delaware corporation, hereby acknowledges receipt of the Notice of Special Meeting of Stockholders and proxy statement/prospectus, each dated [ ], 2002, and hereby appoints __________________ and ________________ each as proxy and attorney-in-fact, with full power of substitution, on behalf and in the name of the undersigned, to represent the undersigned at the Special Meeting of Stockholders of CONDUCTUS, INC. to be held on [ ], 2002 at [ ] [ ].m. local time, at ________________________________________________ and at any adjournment or postponement thereof, and to vote all shares of Common Stock which the undersigned would be entitled to vote if then and there personally present, on the matters set forth on the reverse side. (CONTINUED, AND TO BE SIGNED ON THE OTHER SIDE) ================================================================================ PLEASE MARK YOUR VOTE AS [X] INDICATED IN THIS EXAMPLE FOR AGAINST ABSTAIN 1. TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER BY AND [ ] [ ] [ ] AMONG CONDUCTUS, INC., SUPERCONDUCTOR TECHNOLOGIES INC. AND STI ACQUISITION INC., DATED AS OF OCTOBER 10, 2002, AND TO APPROVE THE MERGER PROVIDED FOR THEREIN. FOR AGAINST ABSTAIN 2. TO TRANSACT ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE [ ] [ ] [ ] THE MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF. SIGNATURE(s)____________________________________ DATED____________, 2002 THIS PROXY SHOULD BE MARKED, DATED AND SIGNED BY THE STOCKHOLDER(S) EXACTLY AS HIS OR HER NAME APPEARS HEREON, AND RETURNED PROMPTLY IN THE ENCLOSED ENVELOPE. PERSONS SIGNING IN A FIDUCIARY CAPACITY SHOULD SO INDICATE. IF SHARES ARE HELD BY JOINT TENANTS OR AS COMMUNITY PROPERTY, BOTH SHOULD SIGN. ================================================================================