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Ascent Solar Internally Certifies Module Encapsulation Material for Its Flexible PV Laminate, Reaches Major MilestoneLast update: 8/26/2009 6:00:00 AMTHORNTON, Colo., Aug 26, 2009 (BUSINESS WIRE) -- Ascent Solar Technologies, Inc. (ASTI), a developer of state of the art flexible thin-film solar modules, announced today the successful internal qualification of a packaging solution for its flexible monolithically integrated CIGS modules. In internal qualification testing, its flexible packaging solution successfully passed the rigorous standard of one thousand (1,000) hours of damp heat testing (85% relative humidity and 85deg C temperature) guideline set forth by IEC 61646 standards for performance and long term reliability of thin film solar modules. Dr. Farhad Moghadam, CEO of Ascent Solar, stated, "This is a breakthrough development not just for Ascent Solar but also for the advancement of flexible CIGS technology and the differentiating capabilities it brings to the market. We are very proud of this achievement which now sets the stage for certification of our products by external agencies. This is also well timed to meet the requirements of our initial production from the 30 MW high volume manufacturing plant scheduled to commence at the beginning of 2010." 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 . 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.