THORNTON, CO, March 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ascent Solar Technologies, Inc. (OTCBB:ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions, announces that the company has engaged Fidelity Equity Partners, LLC, a boutique advisory firm, to assist with the company’s forward-looking plans to help drive shareholder value and deliver overall corporate advisory while heightening the company’s visibility and its messaging in the public, business, financial and investor communities. Details about Fidelity Equity Partners, LLC can be found at: www.FidelityEquity.com
“The Fidelity Equity Partners team and their expansive network of collaborative industry professionals can offer significant resources to potentially accelerate Ascent’s growth strategy in the marketplace offering what we believe could be unprecedented shareholder value over a relatively short period of time,” says Ascent’s President & CEO, Victor Lee. “We are absolutely thrilled with this new relationship and look forward to Fidelity Equity’s valuable advice, guidance and expertise,” continued Lee.
“We count ourselves incredibly blessed and fortunate to be able to assist Ascent Solar. And we believe they are positioned well from a technical perspective to possibly overtake key growing and profitable markets that would otherwise present significant barriers to entry for other companies based on Ascent’s IP and patents,” touted Izzy Lozada, one of the firm’s Co-Founders and Managing Principals at Fidelity Equity Partners.
“Everyone loves a great Cinderella story!” exclaimed Chad Davidson, Fidelity’s Co-Founder and Managing Principal. “When we completed our due-diligence process and thought about where Ascent has been and where the company could go in the future, it just made sense for us to partner with them in what we believe has the potential to be an incredibly bright and rewarding future,” Davidson continued.
ABOUT ASCENT SOLAR TECHNOLOGIES, INC.
Ascent Solar Technologies, Inc., an ISO 9001-2015 certified company, is a developer of thin-film photovoltaic modules using flexible substrate materials that are more versatile and rugged than traditional solar panels. Ascent Solar modules were named as one of the top 100 technologies in both 2010 and 2015 by R&D Magazine, and one of TIME Magazine's 50 best inventions for 2011. The technology described above represents the cutting edge of flexible power and can be directly integrated into consumer products and off-grid applications, as well as other aerospace applications. Ascent Solar is headquartered in Thornton, Colorado, where the company’s quality management system has achieved ISO 9001:2015 certification. More information can be found at www.AscentSolar.com.
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.