Ascent Solar Technologies Announces EnerPlex Debut in China
THORNTON, Colo. -- May 29, 2013
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a manufacturer of consumer and
off-grid products integrated with flexible thin-film photovoltaic modules
(CIGS), announced today the official entry of the EnerPlex^TM brand into the
Chinese consumer market through Ascent’s strategic partner, Shenzhen Radiant
Enterprise Co., Ltd (www.sradiant.com), which has signed a distribution
agreement with D.Phone (DiXinTong Inc.), one of China’s largest retailers of
mobile phones and accessories.
Founded in 1993, D.Phone is recognized as an industry leader in the mobile
phones and accessories market. With over 1,300 stores across 25 provinces and
municipalities in China, D.Phone has achieved superior market penetration
throughout China, enabling EnerPlex products to quickly reach the hands of
consumers throughout the country.
Victor Lee, Ascent Solar’s President & CEO, announced, “D. Phone’s proven
history of bringing new and novel products to the Chinese market makes it the
perfect company to introduce the revolutionary EnerPlex series of solar
integrated products to a consumer base which has shown an endless appetite for
Now available in China:
After receiving overwhelming interest in EnerPlex products at selected D.Phone
pilot stores, the EnerPlex line will be available at D.Phone stores in four of
the largest regions in China. This marks for another major milestone taking
EnerPlex a step closer to a well recognized consumer brand globally. The
EnerPlex product line has quickly changed the paradigm of solar-integrated
consumer electronics, providing consumers with lightweight, powerful and
extremely durable charging solutions for all their portable electronics.
Victor Lee, Ascent Solar’s President & CEO, continued, “The expansion of our
distribution network throughout China is an extremely exciting step in the
continuing development of Ascent’s consumer presence throughout the world.
This partnership immediately brings EnerPlex products to storefronts across
China, enabling several hundred millions of consumers to interact with our
products for the first time.”
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.ascentsolar.com.
About D.Phone (DiXinTong Inc.):
D.Phone, headquartered in Zhenzhou, Henan Province, is the largest retailer of
mobile phones and accessories in China. Founded in 1993, it currently has
1,300 stores, more than 800 directly owned and others franchise businesses, in
25 provinces and municipalities in China. For more information, go to
About Shenzhen Radiant Enterprise Co., Ltd.:
Shenzhen Radiant Enterprise Co., Ltd. is a leader in developing, fabricating,
and installing metal roofing and façade in China. Through several sister
companies and subsidiaries, Shenzhen Radiant possess the infrastructure to all
of China for distribution of many different goods including industrial
products and consumer products. Shenzhen Radiant is headquartered in Shenzhen
Free Trade Zone, China. For more information, go to www.sradiant.com.
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.
Ascent Solar Technologies
Investor Relations Contact:
Brion D. Tanous, 310-541-6824
Ascent Solar Technologies
Justin R. Jacobs, 1-720-872-5194
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