Enerplex(TM) Launches With GovX, the Premier Shopping Destination for Military, Law Enforcement and Government Agencies

THORNTON, CO--(Marketwired - Nov 2, 2015) - 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 completed an agreement with GovX, a private online shopping portal for current and former members of the military, government and first responder communities.

GovX.com is the largest e-commerce website for the millions of verified active and veteran U.S. military along with police, fire, emergency rescue and those from related government agencies. The members-only online shopping portal offers privileged pricing from hundreds of premium brands such as Oakley, Leatherman, SOG Knives, EnerPlex and more. Registration is free, but members are required to verify their service-related backgrounds before gaining full access to the site.

"EnerPlex's technology and design represent a 21st Century approach to portable power. Their product line is aligned with the GovX consumer's focus on being prepared for any situation," said Joseph Dolac, GovX Vice President of Merchandising. "GovX looks forward to working with EnerPlex to offer the newest technology with pricing that honors our members for the service to our country and our communities."

"GovX is a natural brand partnership for EnerPlex," said Justin R. Jacobs, EnerPlex's Manager of Brand Development. "We are proud to partner with a company like GovX, whose mission is to help give back to those who have served the United States."

Mr. Jacobs continued, "Furthermore, offering our products at member-only prices will rapidly expand our brand awareness with this core group of consumers; who have both a personal and professional need for portable power."

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. a developer of 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. Ascent Solar is headquartered in Thornton, Colorado. For more information, go to www.goenerplex.com, www.ascentsolar.com.

About GovX:

GovX.com is for men and women of service. A members-only online destination for military and first responders, the site offers thousands of products from hundreds of brands at exclusive, below-retail pricing. Members include active and veteran U.S. military, firefighters, law enforcement officers, federal agents, and personnel from related government agencies. For more information, visit www.govx.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.