Bill Gregorak is Appointed Chief Financial Officer of Ascent Solar Technologies

  Bill Gregorak is Appointed Chief Financial Officer of Ascent Solar

Business Wire

THORNTON, Colo. -- September 11, 2013

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible CIGS
solar panels integrated with consumer and off-grid products, announced today
that Bill Gregorak has been appointed Chief Financial Officer at the Thornton,
Colo., based solar panel manufacturer.

Mr. Gregorak brings a strong background in public company financial reporting,
internal controls as well as mergers and acquisitions to Ascent Solar. Prior
to joining Ascent Solar, Mr. Gregorak served as Vice President and CFO of
Thule Organized Solutions, a consumer products manufacturer of personal
electronics cases sold under both the Case Logic® and Thule® brands, from
2008-2013, overseeing organizations in the United States, Europe and Hong

Mr. Victor Lee, CEO of Ascent Solar, said, “We are delighted to welcome Bill
to our executive team. He brings extensive experience in both technology and
consumer products businesses with highly respected companies. His background
in larger organizations, especially in the consumer oriented businesses, will
be invaluable as Ascent Solar executes its B2C expansion strategies.”

Mr. Gregorak said, "I am thrilled to be joining Ascent Solar as momentum is
clearly building across the business. I look forward to working with the
Ascent Solar team and continue that momentum.”

Before Thule, Mr. Gregorak was the Vice President and corporate controller for
Advanced Energy and Xilinx Corporations, both of which currently trade on the
NASDAQ. Advanced Energy is a manufacturer of semiconductor equipment with
operations in both the United States and China, while Xilinx is a manufacturer
of semiconductors with operations spanning the United States, Ireland and
Singapore. Prior to 2000, Mr. Gregorak spent 17 years with Hewlett-Packard in
various financial and operational capacities. Mr. Gregorak holds a Bachelor’s
degree in Economics from the University of Washington.

AboutAscent Solar Technologies, Inc.

Ascent Solar Technologies, a developer of thin-film photovoltaic
modules using flexible substrate materials that can transform the way solar
power generation integrates into everyday life. Ascent Solarmodules, which
were named one ofTIMEMagazine'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

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.


Ascent Solar Technologies
Investor Relations Contact:
CleanTech IR
Brion D. Tanous, 310-541-6824
Mobile: 424-634-8592
Ascent Solar Technologies
Justin R. Jacobs, 1-720-872-5194
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