Ascent Solar Technologies Expands EnerPlex Distribution into United Kingdom & Ireland with West Coast Limited
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
company’s new distribution partnership with West Coast Limited, one of
the leading electronics distributors in the United Kingdom and Ireland
represented by PowerIT-2-Channel Ltd.
Founded in 1984 West Coast has become one of the leading distributors
recently eclipsing €1 billion in annual revenue. Over the past decade
West Coast has come to be the largest UK distributor for companies such
as Hewlett Packard, Samsung and Toshiba; further cementing its position
as a premier electronics distributor. Ascent’s relationship with West
Coast will allow EnerPlex products to quickly reach every corner of the
United Kingdom and Ireland and every consumer therein, utilizing West
Coast’s robust and mature distribution channels, establishing Ascent’s
EnerPlex brand throughout.
Nick Amer, Business Development Director at West Coast, announced,
“Alternative power has become ever more popular, especially with the
huge growth in portable devices like smartphones & tablets, but in the
past many solutions have been very bulky and ineffective. Therefore we
are very excited to be partnering with Ascent Solar to bring their
superb products to the UK market, and helping to make depleted batteries
a thing of the past.”
John Maslanik, Ascent’s Manager of Business Development, said, “This
agreement enables Ascent to leverage West Coast's considerable
distribution capabilities to reach nearly every consumer in the United
Kingdom and Ireland via both e-commerce, retail and direct channels,
bringing Ascent's EnerPlex products to market in force in an incredibly
short period of time. Consumers in the UK and Ireland have shown great
interest in renewable energy products, a trend which the EnerPlex series
of products is perfectly situated to immediately benefit from.
Furthermore, this agreement represents a blueprint for Ascent's
expansion into new international markets, taking advantage of entrenched
distribution channels and relationships which enable rapid deployment of
EnerPlex products to an attractive target market.”
The EnerPlex Product line has quickly changed the paradigm of
solar-integrated consumer electronics, providing consumers with
lightweight, powerful and extremely durable charging solutions for all
their portable electronics. SurfrTM, a line of solar
and battery integrated phone cases, allows users to charge their phone
anywhere and in cases of emergency. KickrTM, a
line of portable solar chargers, provides a charging solution for most
USB enabled devices enabling power to be generated almost anywhere and
in nearly every situation, perfect for emergency preparedness. With the
addition of the JumprTM line of portable
batteries, consumers now have a complete, integrated, solar charging and
storage solution for life on the go.
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 West Coast:
West Coast Ltd distributes leading IT brands to a broad range of
Resellers, Retailers and Office Product Dealers in the United Kingdom
and Ireland. With over 25 years of experience in the market, and revenue
in excess of £1bn, West Coast has a proven record of bringing new and
innovative products to market.
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.
Copyright Business Wire 2013