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Ascent Solar Manufactures Light Weight Flexible 5 Meter CIGS Based PV Laminate - June 15, 2009

Module's Size and Efficiency Make It A Breakthrough for Photovoltaics

THORNTON, Colo.--(BUSINESS WIRE)--Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state-of-the-art, flexible thin-film photovoltaic modules, announced that the company has manufactured a monolithically interconnected 5 meter long flexible light weight module on a polyimide substrate.

Ascent Solar Sr. Vice President for Production Operations Dr. Prem Nath stated, “This is the largest monolithically interconnected CIGS module on polyimide and may be the largest of any CIGS module regardless of construction. The size and efficiency of this module make it a breakthrough for the emerging opportunities of flexible CIGS photovoltaic modules.”

The CIGS based thin film material used in this module was manufactured using the company’s unique 1.5 MW roll-to-roll manufacturing line. The module was encapsulated during the testing and qualification of equipment that will be used for its 30 MW plant under construction. Based on internal test and evaluation, this 5M long module weighs 2 kilograms and produces 123 watts (under standard test conditions) with an aperture area efficiency of 9.1%. This length is a baseline for the company’s development of large area flexible building integrated photovoltaic (BIPV) products with our strategic BIPV partners.

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into electronics, military and consumer portable power products, transportation systems, building elements, and space / near-space applications resulting in market differentiated solutions. Ascent Solar is headquartered in Thornton, Colo. Additional information can be found at www.ascentsolar.com.

Forward Looking Statements

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with the Securities and Exchange Commission.

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Contacts:

Ascent Solar Technologies, Inc.
Brian Blackman, 832-515-0928 (Investor Relations)
bblackman@ascentsolar.com
or
Brand Fortified Public Relations
Kelly Brandner, 303-289-4303 (Media)
kbrandner@brandfortified.com

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