Ascent Solar Appoints New Board Member
THORNTON, Colo.--(BUSINESS WIRE)--
Ascent
Solar Technologies, Inc. (NASDAQ:ASTI),
a developer of state-of-the-art, flexible thin-film
photovoltaic modules, announced today it appointed Victor Lee as a
member of its Board of Directors.
Lee, age 44, is currently the managing director of Tertius Financial
Group Pte Ltd, a boutique corporate advisory and private investment firm
he founded in February 2009. He brings more than 17 years of experience
in corporate banking, real estate finance and investment management, and
corporate advisory services at leading worldwide financial institutions.
As a Class 3 director for Ascent Solar, Lee will stand for election at
the Company's 2014 stockholder meeting. Lee was appointed to the Board
as the designee of TFG Radiant Investment Group Ltd. pursuant to the
Stockholders' Agreement
between the Company and TFG Radiant Investment Group Ltd., dated
Aug. 12, 2011.
Lee began his career at Citibank N.A. handling small- and medium-sized
corporate finance and progressed to a vice president position in the
International Personal Banking Division. In 1999 he became managing
director and Singapore Market Head in the Private Wealth Management
Division at Deutsche Bank AG. From 2007 until 2009 he was with Morgan
Stanley Private Wealth Management, most recently as executive director
and head of Singapore/Malaysia markets. Lee holds a bachelor's degree in
accounting from the University of Wisconsin and a master's in wealth
management from the Singapore Management University.
"We are pleased to welcome Victor to our Board and look forward to
benefitting from his expertise and insights, as well as continued
support from TFG Radiant," stated Ron Eller, Ascent Solar president and
chief executive officer.
About Ascent Solar Technologies:
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.
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 SEC.
Ascent Solar Technologies, Inc.
Investor Relations,
720-872-5140
ir@ascentsolar.com
or
Media
& Public Relations
Brand Fortified
Kelly Brandner,
303-289-4303
kbrandner@brandfortified.com
Source: Ascent Solar Technologies
News Provided by Acquire Media
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