SOURCE: Ascent Solar Technologies

Ascent Solar Technologies

February 04, 2016 06:00 ET

Ascent Solar Technologies Launches New Retail Sales Vertical for EnerPlex With Flagship Emergency Distributor, Emergency Essentials, LLC

THORNTON, CO--(Marketwired - Feb 4, 2016) - 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's EnerPlex brand has launched a retail partnership with Utah-based Emergency Essentials, LLC both online and in Emergency Essentials' four "super-store" retail outlets across Utah.

"Emergency Essentials is one of the most popular names in emergency preparation across the United States with a deep e-tail footprint, and we are extremely happy to offer our innovative solar power generation, battery, and large scale power storage solutions to their customer base nation-wide," said Rafael Gutierrez, Senior Vice President & COO of Ascent Solar & EnerPlex. "Launching with Emergency Essentials is a key step forward for EnerPlex as we pioneer our Emergency Vertical, which holds a total addressable market size of nearly half a billion dollars. With EnerPlex capturing only a few points of this market, we believe this vertical could be a multi-million dollar revenue opportunity for the company."

EnerPlex products can be found online at Emergency Essentials' website HERE, or at www.beprepared.com.

"Emergency Essentials is pleased to partner with EnerPlex due to the quality and affordability of their solar power and energy storage technology. Our customers and employees really enjoy the convenience and reliability offered by EnerPlex products, and we looking forward to working together to provide the best quality products for any emergency," said Lane Hancock, Director of Marketing of Emergency Essentials.

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.

About Emergency Essentials:

Emergency Essentials is the source for quality emergency food and gear supplies, experts in long-term storage packaging, dehydration and freeze-drying technology, nutrition protection, and of course, the art of preserving food that is satisfying and delicious today as well as twenty or more years from now. For nearly 30 years, Emergency Essentials has been successfully helping people prepare for a wide range of large and small emergencies. To learn more visit BePrepared.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.

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