Richard Erskine Resigns from Ascent Solar Board
February 12 2010 - 3:00PM
Business Wire
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of
flexible thin-film photovoltaic modules, today announced that
Richard Erskine, Partner and CEO of Energy Capital Management, is
resigning his position as a Director on the Ascent Solar Board, a
position he has held since March of 2008.
Ascent Solar President and CEO Farhad Moghadam stated, “Richard
has been an excellent board member for Ascent Solar, he has
contributed valuable time, wisdom and passion that has helped
Ascent Solar achieve its current progress and milestones. Richard
originally joined the Ascent Solar Board while employed at Norsk
Hydro. Unfortunately since leaving Hydro and joining Energy Capital
Management Richard’s significant responsibilities as CEO of Energy
Capital Management necessitate this change. We wish Richard
continued success as an active participant in the renewable energy
field, and thank him for his dedication to serving Ascent
Solar.”
About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of thin-film
photovoltaic modules with substrate materials that can be more
flexible and affordable than most traditional solar panels. Ascent
Solar modules can be directly integrated into standard building
materials, space applications, consumer electronics for portable
power or configured as stand-alone modules for large scale
terrestrial deployment. Ascent Solar is headquartered in Thornton,
Colorado. For more information, go to 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.
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