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Ascent Solar Announces Rapid Expansion of Enerplex™ Direct Retail Channel

  Ascent Solar Announces Rapid Expansion of Enerplex™ Direct Retail Channel

Business Wire

THORNTON, Colo. -- October 16, 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 expansion of its direct retail outlets to 10
locations in the fourth quarter of 2013. Currently the company has three
kiosks in its home state of Colorado; an additional 7 kiosks will be opened in
California and Nevada in strategically selected locations.

Ascent has signed a strategic agreement with MarketStar Corporation to help it
select, implement and manage its kiosk operations. MarketStar, founded in 1988
and based in Ogden, Utah, is an internationally proven leader in outsourced
sales and marketing services, providing fully integrated solutions in over 60
countries. With the partnership, Ascent will gain additional competencies
critical for further success in its retail operations. As part of the
agreement, MarketStar will assume operational responsibilities for the three
existing kiosks in Colorado and by early December will open the additional 7
outlets. The second phase of the partnership is expected to grow to 20 kiosks
by the middle of 2014.

Over the past year, Ascent’s business strategy has evolved from being purely
focused on B2B “off-grid” applications to a consumer oriented focus,
manifested by the company’s EnerPlex brand of portable power products. The
EnerPlex product line is changing the paradigm of solar-integrated consumer
electronics and portable power solutions, providing consumers with
lightweight, powerful and extremely durable charging and storage solutions for
all their portable electronics.

Victor Lee, President & CEO of Ascent Solar said, “Our first three kiosks in
Colorado have proven to be an effective outlet for our EnerPlex brand of
portable charging solutions. With MarketStar, we align our EnerPlex brand with
a proven operator and open the opportunity to further our consumer products
strategy by expanding quickly into attractive target markets.”

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 EnerPlex™: EnerPlex is a registered trademark in the USA, European
Community, Australia, Japan and Hong Kong. The EnerPlex brand represents
Ascent's line of consumer products. These products, many of which are
integrated with Ascent's proprietary 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.

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.

Contact:

Investor Relations:
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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