Ascent Solar Launches USB OEM Ready Modules for Portable and Remote Power Solutions

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible thin-film photovoltaic modules, announced the launch of its OEM ready USB charger integrated modules for portable, off-grid charging solutions. The integration of the USB outlet makes it a universally acceptable application that can meet the need for a diverse and growing market for portable power needs in developed and emerging market countries. Ascent Solar will be exhibiting the new product to OEM interested customers and the general public at booth number 4653 during the upcoming Solar Power International trade show on October 12-14, 2010 in Los Angeles, California. Solar Power International is expected to attract more than 22,000 professional attendees from 70 countries. Customers interested in receiving more information about the show or scheduling a meeting with Ascent Solar’s sales team during the show should contact Yvonne Reopelle at yreopelle@ascentsolar.com or 720-872-5172.

Rafael Gutierrez, SVP of Sales and Marketing for Ascent Solar, stated, “With the growing proliferation of power on the go needs to meet the rising electronic application from cell phones to other personal electronic devices, our USB integrated light-weight, rugged and efficient CIGS modules can meet this demand. This OEM product will be an important solution for our off-grid portable power portfolio.”

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.

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 “may,” “will,” “should,” "believes," ”expect," "intend," "anticipate," "plan," “estimate” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject to risks and uncertainties that are described in our most recent annual report on Form 10-K under the heading “Risk Factors” and our subsequent filings with the Securities and Exchange Commission. We do not undertake any obligation to update publicly any forward-looking statements whether as a result of the receipt of new information, future events, or otherwise.

Contacts:

For Ascent Solar Technologies, Inc.
Brian Blackman, +1 720-872-5107 (Investor Relations)
bblackman@ascentsolar.com

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