Ascent Solar Announces Signing of New EnerPlex™ Distributor in United Kingdom, Peak Development Ltd.

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 signed Peak Development Ltd. as the preferred distributor to large retailers for EnerPlex products in the United Kingdom.

“At Peak Development, we specialize in offering new and innovative products to our customers. The EnerPlex brand and its revolutionary products are a truly unique proposition; we have seen solar devices before, but never have we seen such well-designed products that are flexible, robust and also work so well in the changeable British weather,” said Robert Baseley, Managing Director of Peak Development.

EnerPlex offers a complete portable power solution by uniting its transformational lightweight and rugged solar with power storage solutions for consumers on the go. With ruggedized products, which can withstand even the harshest environments, EnerPlex provides the ultimate charging solution for consumers who want to get off the grid.

John Maslanik, EnerPlex’s Manager of Business Development, announced, “The United Kingdom continues to be a high value target market for EnerPlex, one which bears huge potential for growth, and through our new partnership with Peak Development we intend to push further into the consumer space to realize this opportunity.”

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. is 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 EnerPlex:

The EnerPlex Division represents Ascent Solar's consumer-facing business and products. These products, many of which are integrated with Ascent Solar's transformational CIGS technology, provide consumers with the ability to integrate solar into their everyday lives, while enabling them to free themselves and their electronics from the outlet. For more information on the EnerPlex brand and to see the product line, please visit www.goenerplex.com.

About Peak Distribution:

Peak Development Ltd (Peak) is an award-winning specialist distributor of accessories, add-ons and enhancements for today’s digital devices. Since 1993 they have worked in partnership with customers and suppliers to provide quality products and services into the Retail, Etail, OEM and Industrial sectors. The goal at Peak is to deliver a 360 degree vision of the digital accessory market; to take customers "All Around the Digital Device" with a focused range of products and services that add real value to their business.

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.