Ascent Solar Signs Distributor Agreement with Sunload Mobile Solutions GmbH
Sunload Mobile Solutions to distribute Ascent Solar EIPV Modules in
Europe
THORNTON, Colo.--(BUSINESS WIRE)--
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible
thin-film solar modules, announced today that Sunload Mobile Solutions
will act as an Authorized Distributor of Ascent Solar's lightweight,
flexible, high-power thin-film CIGS modules for Electronic Integrated
(EIPV) applications in Europe. This agreement with Sunload will give
Ascent Solar access to multiple opportunities within Europe's rapidly
expanding off-grid battery charging and portable power markets.
Ascent Solar President and CEO Farhad Moghadam stated, "We are pleased
to announce our agreement with Sunload Mobile Solutions. This
relationship establishes a partnership through which we expect to market
our lineup of flexible, lightweight CIGS modules for off-grid portable
power. The innovative European market represents a significant
opportunity for Ascent's portfolio of products. We welcome Sunload
Mobile Solutions to our network of distributors."
About Sunload Mobile Solutions GmbH
Sunload Mobile Solutions GmbH is a leading manufacturer of Solar
Chargers for small off-grid solar applications. Sunload is based in
Berlin, Germany. Additional information can be found at www.sunload.com.
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 standard building materials, commercial
transportation, automotive solutions, space applications, consumer
electronics for portable power or configured as stand-alone modules for
large scale terrestrial deployment. 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 "may," "will," "should,"
"believes," "expect," "intend," "anticipate," "plan," "estimate" to be
uncertain and forward-looking. The forward-looking statements contained
herein are also subject to risks and uncertainties that are described in
our most recent annual report on Form 10-K under the heading "Risk
Factors" and our subsequent filings with the Securities and Exchange
Commission. We do not undertake any obligation to update publicly any
forward-looking statements whether as a result of the receipt of new
information, future events, or otherwise.
Ascent Solar Technologies, Inc.
Investor Relations:
Brian
Blackman, 832-515-0928
bblackman@ascentsolar.com
Source: Ascent Solar Technologies, Inc.
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