SOURCE: Ascent Solar Technologies

Ascent Solar Technologies

October 29, 2015 06:00 ET

EnerPlex Reaches Significant Milestone, Products Now Available in Over 1,000 Retail Locations Globally

THORNTON, CO--(Marketwired - Oct 29, 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 reached a major milestone in the expansion of its EnerPlex brand: the availability of EnerPlex products in over 1,000 physical retail locations across the globe.

Rafael Gutierrez, Senior Vice President and COO of Ascent Solar said, "Between March and October alone, total retail coverage expanded over 220% globally and is expected to continue at this growth trajectory into Q4 and beyond in 2016."

Over the last three quarters EnerPlex has dramatically increased the number of retail locations where products can be found by partnering with premier retailers in the US such as Fry's Electronics, TCC operated Verizon Wireless Premium Retail Stores, Cabela's, The Sports Authority, Micro Center and many others, offering coast-to-coast point-of-sales coverage. Internationally, EnerPlex products are also available in well-known retailers such as Maplin in the UK, Anaconda in Australia and Torpedo in New Zealand.

Mr. Gutierrez continued, "In addition to brand's accomplishments with online and on-air partners such as EVINE LIVE, the success of our sales strategy in the Mobile vertical and our burgeoning success with retailers in the Outdoor vertical, such as Sports Authority & Cabela's, clearly validates the company's sales and marketing strategies both domestically and globally."

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.

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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