Ascent Solar Achieves 14 Percent Cell Efficiency Milestone in Commercial Production

THORNTON, Colo.--(Business Wire)--
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art
flexible thin-film solar modules, today announced that it has met a new
manufacturing milestone by achieving 14% cell efficiency for its Copper, Indium,
Gallium, Selenide (CIGS) on flexible plastic substrate produced at its Fab1
(1.5MW) commercial production plant.

U.S. Department of Energy`s National Renewal Energy Laboratory (NREL), the
nation`s primary laboratory for renewable energy and energy efficiency research
and development, measured 14.01% cell efficiency for Ascent Solar CIGS material.
Adding to this news, Ascent Solar announced a peak efficiency of 11.7% for its
monolithically integrated CIGS modules manufactured at its Fab1 (1.5MW) plant in
Littleton, CO.

Dr. Farhad Mogahadam, President & CEO for Ascent Solar stated, "This is a
significant breakthrough in demonstrating our ability to achieve thin film CIGS
cells with 14% efficiency from regular production machines. Ascent Solar`s
ability to manufacturer monolithically integrated modules with efficiency as
high as 11.7% in regular production serves as a vital element to our low cost
per watt manufacturing goal."

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules
with substrate materials that can be more flexible and affordable than most
traditional solar panels. Ascent Solar modules can be directly integrated into
standard building materials, space applications, consumer electronics for
portable power or configured as stand alone modules for large scale terrestrial
deployment. Ascent Solar is headquartered in Thornton, Colo. Additional
information can be found at www.ascentsolar.com.

About National Renewable Energy Laboratory

The National Renewable Energy Laboratory (NREL) is the nation's primary
laboratory for renewable energy and energy efficiency research and development
(R&D). NREL is operated for the U.S. Department of Energy by The Alliance for
Sustainable Energy, LLC. Additional information can be found at www.nrel.gov

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.

For Ascent Solar Technologies, Inc.
Brian Blackman, 832-515-0928 (Investor Relations)
bblackman@ascentsolar.com
or
Brand Fortified Public Relations
Kelly Brandner, 303-289-4303 (Media)
kellybrandner@msn.com

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