


Ascent Solar Receives Governor?s Excellence in Renewable Energy Award
LITTLETON, Colo.--([ BUSINESS WIRE ])--Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art flexible thin-film solar modules, announced today the company has received the 2008 Governor's Excellence in Renewable Energy (GERE) Award for the Large Business category.
The second annual "Governor's Excellence in Renewable Energy Awards" recognizes individuals, businesses, institutions and nonprofits that are advancing renewable energy in outstanding ways in Colorado, announced The Governor's Energy Office (GEO).
The awards were created to honor outstanding contributions that provide clean power through the promotion, usage, implementation and technology development of renewable energy in Colorado.
"Congratulations to Ascent Solar for their tremendous progress and innovation in advancing solar technologies," said Gov. Ritter. "Colorado's New Energy Economy is recognized as a leader thanks to Ascent Solar, which is helping to grow clean energy solutions and good jobs for our state and country."
"Ascent Solar is extremely proud and honored to receive this prestigious award from Governor Ritter. Our team has worked very hard and faced many challenges over the years developing and expanding our business to create innovative solar products. Our goal is to bring our thin film solar products to the market as we commercialize our 1.5 MW line in Littleton and our 30 MW line under construction in Thornton," stated Dr. Mohan Misra, Chairman and CEO of Ascent Solar.
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, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment. Ascent Solar is located in Littleton, Colorado.
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.