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Ascent Solar Announces Hitfar Concepts Ltd. as New Preferred EnerPlex Distributor in Canada

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Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the company’s EnerPlexTM series of consumer products, announced today that the company has signed Hitfar Concepts Ltd. as the preferred distribution partner of EnerPlex consumer products in Canada.

Hitfar is Canada’s largest wireless accessory distributor, working with all the major Canadian telecommunications companies, such as Bell, Rogers & Telus as well as National Retailers like Glentel, Canada’s largest independent mobile phone retailer who operate over 500 locations across the country.

“Our main goal at Hitfar is to provide real value to our clients and customers; the EnerPlex product line will allow us to accomplish this in a new way, empowering our customers to leave the outlet behind during their adventures while still staying powered up. In our view, EnerPlex products represent and enable a shift in how consumers in Canada and across the world, will use their portable electronics in the future, and we are extremely excited to be part of that,” said Jason Osborne, Sr. Manager – Product & Inventory at Hitfar.

EnerPlex offers a complete portable power solution by uniting its transformational lightweight and rugged solar with power storage solutions for consumers on the go. With ruggedized products, which can withstand even the harshest environments, EnerPlex provides the ultimate charging solution for consumers who want to get off the grid.

Richard Hashim, General Manager of EnerPlex said, “The Canadian market provides a strong brand and revenue growth opportunity; and our partnership with Hitfar will allow us to immediately leverage their robust distribution network across Canada.”

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.goenerplex.com, www.ascentsolar.com.

About EnerPlex:

The EnerPlex Division represents Ascent Solar’s consumer-facing business and products. These products, many of which are integrated with Ascent Solar’s transformational 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.

About Hitfar:

Founded in 1988, Hitfar, Canada’s leading Wireless, Smartphone and Cellphone accessory distributor provides cutting edge solutions for retailers and consumers across Canada. Hitfar’s goal is the ensure customers are successful by offering a value proposition that speaks to the needs of a unique industry, on with demanding customers and one that moves at lightning speed.

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.

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