Ascent Solar Technologies, Inc. (NASDAQ:ASTI)
filed a registration statement for a public offering of common stock
with Bear, Stearns & Co. Inc. (Bear Stearns) named as the lead
underwriter. Ascent Solar continues to evaluate recent developments
involving Bear Stearns and has begun discussions with other investment
banks, including the currently named co-managers, in connection with
potentially naming lead underwriters in addition to or as substitutes
for Bear Stearns.
About Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc. (the "Company") is a developer of
thin-film photovoltaic modules and is located in Littleton, Colorado.
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 expresses 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 (the "Commission").
The issuer has filed a registration statement (including a
prospectus) with the Commission for the offering to which this
communication relates. Before you invest, you should read the prospectus
in that registration statement and other documents the issuer has filed
with the Commission for more complete information about the issuer and
this offering. You may get these documents for free by visiting
EDGAR on the Commission's website at www.sec.gov,
and the registration statement (File No. 333-149740) and prospectus can
be viewed online at www.sec.gov/Archives/edgar/data/1350102/000104746908002823/a2183510zs-
3.htm (Due to its length, this URL may need to be copied/pasted
into your Internet browser's address field. Remove the extra space if
one exists.) Alternatively, when available, copies of the
preliminary prospectus relating to the offering may be obtained from
Bear, Stearns & Co. Inc., Prospectus Department, 383 Madison Avenue, New
York, New York 10179, toll free at (866) 803-9204.
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