ASTIW Ascent Solar Technologies (MM)

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) (BSX:ASTI) today reminds holders that all outstanding Class A public warrants (NASDAQ:ASTIW) not exercised by today, June 22, 2007, will be subject to redemption by Ascent Solar.�Class A public warrants may be exercised via Depository Trust Company (DTC) until approximately 1:00 PM EDT. Warrant holders may still exercise after 1:00 PM EDT by contacting Ascent Solar's transfer agent Computer Share directly at 303-262-0775. This option will only be available until 5:00 PM MDT and is available with guaranteed funds sent through a wire transfer with complete instructions. Any Class A public warrant that has not been exercised by today's deadline will expire and be redeemable by Ascent Solar for $0.25. Class A public warrants are convertible into common stock at an exercise price of $6.60 per share. Please direct any questions regarding either the exercise or redemption process to Mr. Brian Blackman, Investor Relations at 832-515-0928. You may also contact Ascent Solar Technologies� Transfer Agent directly for today�s warrant conversions; Computershare Inc.-Corporate Actions-303-262-0775. About Ascent Solar Technologies: Ascent Solar Technologies, Inc. is a developer of state-of-the-art, thin-film photovoltaic 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.