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Ascent Solar Pioneers the Next Generation of Flexible Solar With New Patents

THORNTON, CO and WASHINGTON, DC -- (Marketwired) -- 12/29/15 -- Ascent Solar Technologies, Inc. (NASDAQ: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the company's EnerPlex™ series of consumer products, announced today the Company was issued the second of two US Patents, in December, pertaining to the company's solar manufacturing process.

"In conjunction with US patent 9,209,322 issued earlier this month and pending applications, Ascent secures an avenue of intellectual property rights covering multiple opportunities for improved processes and performance of the Company's energy products," stated Dr. Joseph Armstrong, founder and CTO of Ascent Solar Technologies.

Dr. Armstrong continued, "As Ascent pioneers the next generation of CIGS (Copper-Indium-Gallium-di-Selenide), this novel back contact, and the improvements related to our demonstrated ability to manufacture our PV on thinner plastics will lead to significant application opportunities not only in Ascent's aerospace products, but in the Company's EnerPlex consumer products as well."

About Ascent Solar Technologies and EnerPlex:

Ascent Solar Technologies, Inc. is a developer of award winning thin-film photovoltaic modules with substrate materials that are more flexible, versatile and rugged than traditional solar panels. Ascent Solar modules can be directly integrated into consumer products and off-grid applications, as well as aerospace and building integrated applications. EnerPlex is the Company's brand of consumer products and is a division of Ascent Solar. Ascent Solar and EnerPlex are headquartered in Thornton, Colorado. For more information, go to www.goenerplex.com and 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.

Contact:
Ascent Solar Technologies Investor Relations
PCG Advisory Group

Media Relations
Sean Leous
sleous@pcgadvisory.com
+1 646 863-8998

Investor Relations
Adam Holdsworth
adamh@pcgadvisory.com
+1-646-862-4607

Source: Ascent Solar Technologies

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