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Ascent Solar Signs Authorized Reseller Agreement with Polymeur Sun of Singapore

^{Published on 2011-02-01 04:30:36 - Market Wire}
 

THORNTON, Colo.--([ BUSINESS WIRE ])--Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible thin-film solar modules, announced today that Polymeur Sun will act as an Authorized Reseller of Ascent Solar's lightweight, flexible, high-power thin-film CIGS modules for building integrated (BIPV), and portable power solutions in Singapore and Malaysia. The agreement with Polymeur Sun gives Ascent Solar access to multiple segments in Southeast Asiaa™s developing solar market including direct application to building materials for both grid-connected and off-grid solutions.

Ascent Solar President and CEO Farhad Moghadam stated, "We are pleased to announce our agreement with Polymeur Sun. This relationship will give us access to new and emerging market opportunities in Southeast Asiaa™s rapidly growing solar market. We also expect that other products in our lineup of flexible, lightweight CIGS modules such as portable power and other off-grid stand alone solutions will be marketed through this relationship."

About Polymeur Sun

Polymeur Sun is a designer and installer of grid-connected and off-grid photovoltaic systems, specializing in integration of flexible solar modules. Polymeur Sun is based in Singapore. Additional information can be found at [ www.polymeur.com ].

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. Additional information can be found at [ www.ascentsolar.com ].

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