Ascent Solar Signs Distribution Agreement with DisaSolar of France
October 05 2010 - 4:00AM
Business Wire
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of
flexible thin-film solar modules, announced today that it has
signed a distribution agreement with DisaSolar, a newly established
subsidiary company of Megamark/DisaTech Group, a leader in
providing complete solutions in architectural, industrial and
corporate signage in France and other European Countries. DisaSolar
will begin distribution of Ascent Solar’s lightweight, flexible,
high-power thin-film CIGS modules for off-grid applications
integrating flexible solar panels into passenger train roofs and
commercial signage structures. The agreement with DisaSolar gives
Ascent Solar access to additional emerging market segments in
Europe. Recently, the two companies successfully demonstrated PV
module integration into train rooftops in partnership with French
regional rail company SNCF. The unique characteristics of Ascent
Solar’s flexible, lightweight CIGS modules compliment DisaSolar’s
heritage in system integration for transportation and corporate
signage applications enabling novel applications in emerging
segments.
SNCF Photovoltaic Train (Photo: Business
Wire)
DisaSolar President Stephane Poughon stated, "Ascent Solar has a
flexible, light-weight, CIGS solar module technology that is
uniquely qualified to open new opportunities in everyday power
generation. We are pleased to distribute and promote high-quality
Ascent Solar products in France. Leveraging the expertise of
Megamark/DisaTech Group combined with the quality and performance
of Ascent Solar products, DisaSolar aims to quickly become a
leading French provider of innovative integrated solar
products."
Ascent Solar President and CEO Farhad Moghadam stated, "We are
pleased to announce our agreement with DisaSolar. This relationship
will give us access to new and emerging market opportunities in
transportation that could provide significant growth over the
coming years in France as well as other countries across the globe.
We also expect that other products in our lineup of flexible,
lightweight CIGS modules will be marketed through this
relationship."
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, commercial transportation, automotive solutions, 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 DisaSolar:
DisaSolar, a subsidiary of Megamark / DisaTech Group, is fully
dedicated to flexible PV in the French market. Expert in
integration, deployment and adhesives, DisaSolar develops,
distributes and installs customized PV flexibles solutions for its
clients in areas of signage, transportation and building. DisaSolar
is headquartered in Paris, France. Additional information:
www.megamark.fr; www.disatech.fr; www.disasolar.fr.
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
“may,” “will,” “should,” "believes," ”expect," "intend,"
"anticipate," "plan," “estimate” to be uncertain and
forward-looking. The forward-looking statements contained herein
are also subject to risks and uncertainties that are described in
our most recent annual report on Form 10-K under the heading “Risk
Factors” and our subsequent filings with the Securities and
Exchange Commission. We do not undertake any obligation to update
publicly any forward-looking statements whether as a result of the
receipt of new information, future events, or otherwise.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6454733&lang=en
Ascent Solar Technologies - Warrants Class B 7/11/2011 (MM) (NASDAQ:ASTIZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ascent Solar Technologies - Warrants Class B 7/11/2011 (MM) (NASDAQ:ASTIZ)
Historical Stock Chart
From Apr 2023 to Apr 2024
