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BottomBounce

02/05/17 8:49 AM

#23610 RE: Machiavelli47 #23459

$ASTI secured $1.35 million in new funding

“We are satisfied to have secured this new investment. The funding will provide us with ongoing working capital needs as we continue to focus on the high value specialty PV market. The new investment reinforces our Investor’s belief in Ascent’s strategy and the tremendous potential of the Company’s lightweight flexible CIGS solar panel.”

The Company’s newest debuted product, the Kickr 7 FL (Feather-light), received numerous “Best of Show” awards at the 2016 Outdoor Retailer Show in Salt Lake City, UT held August 3rd – 6th, 2016. These awards included GearJunkie — Best In Show 2016, The Manual — Best of Outdoor Retailer 2016, and New Atlas — Innovative Gear and Gadgetry from OR 2016.

The Kickr 7 FL provides approximately 6.5 watts of regulated power while weighing only 5 ounces, and is 50% lighter than the previous equivalent Kickr series of solar chargers. The Kickr 7 FL is considered the world’s lightest consumer solar charger. The Kickr 7 FL has also been voted the “best-of-the-best” in “GearJunkie’s Outdoor Retailer Readers Choice Award” contest. Matched up against 15 of GearJunkie’s favorite products from the 2016 Outdoor Retailer Show, EnerPlex garnered the most votes from GearJunkie’s readers and subscribers over a one week contest.