Ascent Solar Hires Sr. Vice President of Manufacturing
2006年8月1日 - 7:00PM
ビジネスワイヤ(英語)
Ascent Solar Technologies, Inc. (NASDAQ CAPITAL:ASTIU), (BOSTON
STOCK EXCHANGE:AKC/U) today announced Dr. Prem Nath has joined the
company as Sr. Vice President of Manufacturing. Dr. Nath brings
over 25 years of thin-film photovoltaic (PV) product development
and manufacturing experience to Ascent Solar. Dr. Nath is also a
named inventor on over fifty issued U.S. patents for PV processes,
products, and materials. Prior to joining Ascent Solar, Dr. Nath's
entire professional career was dedicated to the successful product
development and transition to manufacturing of thin-film amorphous
silicon PV products for United Solar Ovonic (Uni-Solar), a wholly
owned subsidiary of Energy Conversion Devices, Inc. Most recently
he served as United Solar Ovonic's Vice President, Product
Manufacturing and Development. Ascent Solar CEO and President,
Matthew Foster, stated, "Ascent Solar is pleased to have Dr. Nath
join our team. He is clearly one of the industry's pioneers and we
are extremely fortunate to have Dr. Nath lead our manufacturing
operations. His expertise will be invaluable as we scale-up
roll-to-roll manufacturing processes for the next generation of
thin-film PV on plastics." In addition to the opportunity to work
on one of the latest PV technologies, Dr. Nath stated, "The Ascent
Solar thin-film technology platform on plastics provides great
versatility in product applications and many manufacturing cost
benefits. I am looking forward to the new challenges and the
opportunity to playing a part in defining the future direction of
the PV industry." Ascent Solar is currently building a 1.5 megawatt
(500 kW per shift) annual capacity production facility to primarily
serve the Space and High Altitude Airship (HAA) market. Dr. Nath
will immediately assume responsibilities for bringing this
manufacturing facility on-line. On July 25, 2006, Ascent Solar
announced that it is leading an industry and academia team in
pursuit of a Solar America Initiative program grant with the U.S.
Department of Energy (DOE) to accelerate the development of
terrestrial PV systems. If Ascent Solar and its team receive a
grant, Dr. Nath will also lead the initial planning and development
of a new large-scale manufacturing facility targeting the
terrestrial market applications. About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of state of the art,
thin-film photovoltaic materials and modules and is located in
Littleton, Colorado. Please visit our website for additional
information at www.ascentsolar.com 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
Securities and Exchange Commission.
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