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Ascent Solar Technologies Appoints MKRAK Management Inc. as Canadian Distributor



  Ascent Solar Technologies Appoints MKRAK Management Inc. as Canadian
  Distributor

Business Wire

THORNTON, Colo. -- February 26, 2013

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of
state-of-the-art, flexible thin-film photovoltaic modules integrated into the
new EnerPlex^TM line of consumer products, announced today the appointment of
MKRAK Management Inc. as the company’s exclusive distributor to golf pro-shops
and select retail stores in the Canadian market.

Surfr for the iPhone 4 (Photo: Business Wire)

Surfr for the iPhone 4 (Photo: Business Wire)

The EnerPlex Surfr^TM product line is the first series of protective phone
cases to leverage the lightweight qualities and superior aesthetics of Ascent
Solar’s CIGS solar technology. It extends the battery life of either the Apple
iPhone 4^® or Samsung Galaxy S III^® while preserving the high level of design
quality that consumers demand. Consumers can now incorporate green technology
into their everyday life, improving the performance of their smart phone
without compromising style.

More information on the entire EnerPlex line can be found at
www.goenerplex.com.

Mr. Rob Roche, Ascent’s Vice-President of Sales & Marketing said, “Golfers
today use their smart phones for a wide range of applications such as GPS,
Swing Analysis and filming; yet there is no convenient source of power on the
golf course to charge their phones when their batteries run out. EnerPlex
products provide that guaranteed power source at all times. Cementing
EnerPlex’s position in the golf market was the inclusion of the EnerPlex Surfr
in Golf Digest as one of the Top Ten items golfers need today.”

Mr. Roche went on to say, “The Canadian golf market is an important segment
for Ascent Solar to pursue and we have found the perfect partner for this
market entry with MKRAK Management. MKRAK Management has proven itself in
bringing new and technologically advanced products into the Canadian golf
market.” With its extensive experience with distribution in the golf industry,
MKRAK Management will be responsible for growing Ascent’s presence in the
Canadian marketplace and will focus on establishing the EnerPlex brand in
various national retailers and pro shops.

Mr. Mark Krakower, President & CEO of MKRAK Management said, “We are very
excited about working with Ascent. Ascent Solar’s line of products is
revolutionary and will fill the void that golfers must fill today when they
are on the golf course or on the range and their smart phones need power
suddenly, but none is available. The EnerPlex line of products will become an
integral part of the golfer’s equipment that they won’t go to the course or
the practice range without.”

About Ascent Solar Technologies

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic
modules using flexible substrate materials that can transform the way solar
power generation integrates into everyday life. Ascent Solar’s technology,
which was named one of TIME Magazine's 50 best inventions for 2011, can be
directly incorporated into standard building materials, commercial
transportation, automotive solutions, space applications, consumer electronics
for portable power and durable off-grid solutions. More information can be
found at www.ascentsolar.com or www.goenenerplex.com.

About MKRAK Management Inc.

MKRAK Management Inc. was established with the vision of helping all golfers
enjoy the game of golf by providing leading-edge equipment, training aids and
accessories to the Canadian marketplace. Backed by a team of professionals
with over 30 years experience in sales, marketing and distribution, MKRAK
Management provides manufacturers who desire to distribute their products in
Canada with a complete one-stop solution.

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.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130226005448/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50575486&lang=en

Contact:

Ascent Solar Technologies
CleanTech IR
Brion Tanous, 310-541-6824
Mobile: 424-634-8592
btanous@cleantech-ir.com
or
MKRAK Management Inc.
Mark Krakower
info@mkrak.ca
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