Ascent Solar's EnerPlexTM Products Reach New Heights Aboard Hainan Airlines

Updated

Ascent Solar's EnerPlexTMProducts Reach New Heights Aboard Hainan Airlines

THORNTON, Colo.--(BUSINESS WIRE)-- Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a manufacturer of consumer and off-grid products integrated with flexible thin-film photovoltaic modules (CIGS), announced today the availability of the EnerPlexTM Kickr IVTM on all of Hainan Airlines' over 500 domestic and international routes, including those of its subsidiaries: Shanxi, Chang'an and China Xinhua Airlines.

The Camouflage Kickr IV Portable Solar Charger (Photo: Business Wire)
The Camouflage Kickr IV Portable Solar Charger (Photo: Business Wire)

The Camouflage Kickr IV Portable Solar Charger (Photo: Business Wire)

Hainan Airlines is China's largest privately owned airline. Founded in 1989, it services 17 countries and is one of only seven airlines globally to receive the 5-Star ranking from Skytrax. With over 100 aircraft, Hainan operates one of the most modern and luxurious international fleets in the world, catering both to leisure as well as frequent business travelers.


In addition to Hainan Airlines' in-flight sales offering, on-line platform and mileage exchange program, Kickr IV will also be prominently featured in Hainan's "Thirty Thousand Miles" in-flight magazine. "Hainan Airlines continually looks to offer its discerning passengers the newest and most novel premium products; the inclusion of Ascent's ground-breaking EnerPlex product line allows Hainan Airlines to cater to our customers by providing them with a product choice which many travelers never imagined existed," said Tracy Sun, Hainan's Aircraft Media Project Director. "Additionally, we are able to reward our valued Fortune Wings members with a premium product through our mileage exchange program," continued Ms. Sun.

Victor Lee, Ascent Solar's President & CEO, announced, "We are extremely honored to have a 5-Star ranked airline offering our products to their valued customers. This is a strong testimony to our award winning technology and serves as a springboard for Ascent to pursue the airline market, exposing the EnerPlex brand and product lines to hundreds of millions of travelers globally."

The KickrTM series is a line of portable solar chargers, providing a charging solution for most USB enabled devices, enabling power to be generated almost anywhere with sunlight, perfect for those consumers who spend time separated from a reliable electrical grid. Easily foldable and incredibly lightweight, the Kickr is extremely portable and fits in a briefcase or carry-on. See the Kickr promotional video here.

Mr. Lee continued, "The ability of travelers to purchase our EnerPlex product in-flight as well as through Hainan's mileage exchange program is a novel and exciting avenue for us to reach our core consumers, those who travel frequently and are often not near an outlet, in a way not before possible."

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.ascentsolar.com.

About Hainan Airlines:

Hainan Airlinesis China's largest privately owned airline, operating a fleet of 113 aircraft servicing 90 destinations on over 500 routes with hubs at Haikou Meilan International Airport and Beijing Capital International airport servicing flights from the mainland United States. More information can be found at www.hnair.com/us.

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.

Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20130605005454/en/



Ascent Solar Technologies
Investor Relations Contact:
CleanTech IR
Brion D. Tanous, 310-541-6824
Mobile: 424-634-8592
btanous@cleantech-ir.com
or
Ascent Solar Technologies
Justin R. Jacobs, 1-720-872-5194
jjacobs@ascentsolar.com

KEYWORDS: United States Asia Pacific North America China Colorado

INDUSTRY KEYWORDS:

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