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Ascent Solar’s EnerPlexTM Products Reach New Heights Aboard Hainan Airlines

  Ascent Solar’s EnerPlexTM Products Reach New Heights Aboard Hainan Airlines

Business Wire

THORNTON, Colo. -- June 5, 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 availability of the EnerPlex^TM Kickr IV^TM on all
of Hainan Airlines’ over 500 domestic and international routes, including
those of its subsidiaries: Shanxi, Chang’an and China Xinhua Airlines.

The Camouflage Kickr IV Portable Solar Charger (Photo: Business Wire)

The Camouflage Kickr IV Portable Solar Charger (Photo: Business Wire)

Hainan Airlines is China’s largest privately owned airline. Founded in 1989,
it services 17 countries and is one of only seven airlines globally to receive
the 5-Star ranking from Skytrax. With over 100 aircraft, Hainan operates one
of the most modern and luxurious international fleets in the world, catering
both to leisure as well as frequent business travelers.

In addition to Hainan Airlines’ in-flight sales offering, on-line platform and
mileage exchange program, Kickr IV will also be prominently featured in
Hainan’s “Thirty Thousand Miles” in-flight magazine. “Hainan Airlines
continually looks to offer its discerning passengers the newest and most novel
premium products; the inclusion of Ascent’s ground-breaking EnerPlex product
line allows Hainan Airlines to cater to our customers by providing them with a
product choice which many travelers never imagined existed,” said Tracy Sun,
Hainan’s Aircraft Media Project Director. “Additionally, we are able to reward
our valued Fortune Wings members with a premium product through our mileage
exchange program,” continued Ms. Sun.

Victor Lee, Ascent Solar’s President & CEO, announced, “We are extremely
honored to have a 5-Star ranked airline offering our products to their valued
customers. This is a strong testimony to our award winning technology and
serves as a springboard for Ascent to pursue the airline market, exposing the
EnerPlex brand and product lines to hundreds of millions of travelers
globally.”

The Kickr^TM series is a line of portable solar chargers, providing a charging
solution for most USB enabled devices, enabling power to be generated almost
anywhere with sunlight, perfect for those consumers who spend time separated
from a reliable electrical grid. Easily foldable and incredibly lightweight,
the Kickr is extremely portable and fits in a briefcase or carry-on. See the
Kickr promotional video here.

Mr. Lee continued, “The ability of travelers to purchase our EnerPlex product
in-flight as well as through Hainan’s mileage exchange program is a novel and
exciting avenue for us to reach our core consumers, those who travel
frequently and are often not near an outlet, in a way not before possible.”

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 Hainan Airlines:

Hainan Airlinesis China’s largest privately owned airline, operating a fleet
of 113 aircraft servicing 90 destinations on over 500 routes with hubs at
Haikou Meilan International Airport and Beijing Capital International airport
servicing flights from the mainland United States. More information can be
found at www.hnair.com/us.

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/20130605005454/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50646501&lang=en

Contact:

Ascent Solar Technologies
Investor Relations Contact:
CleanTech IR
Brion D. Tanous, 310-541-6824
Mobile: 424-634-8592
btanous@cleantech-ir.com
or
Ascent Solar Technologies
Justin R. Jacobs, 1-720-872-5194
jjacobs@ascentsolar.com
 
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