Ascent Solar Selects Teams for Innovative Design Competition
Student Teams from Six Top Engineering Universities to Begin
THORNTON, Colo.--(BUSINESS WIRE)--
Solar Technologies, Inc. (NASDAQ:ASTI),
a developer of lightweight, flexible, thin-film photovoltaic modules,
announced today the seven selected teams that will begin designing
prototypes for the Ascent
Solar Innovative Design Competition.
Teams from Boston University, Rochester Institute of Technology, San
Diego State, Texas A&M, University of California, Berkeley, and
University of Oregon were selected by a committee that included members
of Ascent's executive and product development staff. In the next week,
students will receive flexible solar modules and project funding
courtesy of Ascent Solar.
The Ascent Solar Innovative Design Competition will last throughout the
2011-2012 school year and allows participating students and their
professors to explore the transformational applications and uses for
Ascent's flexible solar modules. Teams will compete by developing
working prototypes of ground-breaking portable power applications, which
are uniquely enabled using Ascent's lightweight, flexible photovoltaic
"We appreciate the opportunity to work with talented students, from
engineering schools across the country, who recognize the
transformational aspect of our technology," said Ascent Solar President
and CEO, Ron Eller. "We are giving teams a chance to develop novel, real
world applications for portable solar technology."
The teams with the top designs will receive up to $10,000 in cash prizes
as well as potential future opportunities with Ascent. Find more
information about the competition at www.ascentsolar.com/competition.
About Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic
modules using flexible substrate materials that can transform the way
solar power generation integrates into everyday life. Ascent
Solar modules can be directly integrated into standard building
materials, commercial transportation, automotive solutions, space
applications, consumer electronics for portable power and durable
off-grid solutions. Additional information can be found at www.ascentsolar.com.
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.
For any questions regarding the Innovative Design Competition please
Ascent Solar Technologies, Inc.
Media & Public Relations
Ascent Solar Technologies, Inc.
Justin Jacobs, 720-872-5194
& Public Relations
Source: Ascent Solar Technologies
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