Ascent Solar signs distribution agreement with Votum of the Czech Republic

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible thin-film solar modules, announced today that Votum, a Czech Republic-based solar integrator, will begin distribution of Ascent Solar's lightweight, flexible, high power thin-film CIGS modules for building integrated (BIPV), building applied (BAPV) and portable power solutions in the Czech Republic. The agreement with Votum gives Ascent Solar access to multiple market segments in the Czech Republic's solar market.

Ascent Solar President and CEO Farhad Moghadam stated: "We are pleased to announce our agreement with Votum. This relationship will give us access to a rapidly growing market for BIPV and BAPV applications in the Czech Republic. We also expect that other products in our lineup of flexible, lightweight CIGS modules will be marketed through this relationship. Votum has a sound solar integration business and is an excellent partner to have for distribution of our products in the Czech Republic."

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.