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ICP Solar and Ascent Solar Sign Cooperative Development Agreement

April 1, 2008... Littleton, Colorado USA--Ascent Solar Technologies, Inc. announced today that it has entered into a definitive cooperation agreement with ICP Solar Technologies Inc. Pursuant to the agreement, Ascent Solar will provide ICP Solar with thin-firm photovoltaic (PV) material from Ascent Solar’s existing 1.5 MW production line in 2008 and 2009, during which time ICP Solar will develop, test, and integrate Ascent Solar's PV materials into ICP Solar's portable power and other electronic integrated PV products.

“We are excited to partner with Ascent," said ICP Solar CEO and Chairman Sass Peress. "At ICP Solar, our mission is to be at the technology forefront when it comes to solar consumer products and portability. Ascent’s CIGS thin-film technology is well suited to those applications. Placing the PV material and modules on flexible, lightweight, plastic substrate materials allows for manufacturing of similarly lightweight and flexible solar panels, which will expand our new product development opportunities. We look forward to a mutually beneficial partnership.”

“ICP Solar’s expertise in the portable consumer solar products industry and its international distribution network make ICP Solar an excellent partner,” said Matthew Foster, Ascent Solar’s President and CEO. “We believe that our CIGS thin-film technology is well suited for use in portable solar power and other electronic integrated PV products.”

About Ascent Solar Technologies, Inc.:

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules and is located in Littleton, Colorado. Please visit our website for additional information at www.ascentsolar.com.

About ICP Solar Technologies, Inc.:

ICP Solar is a developer, manufacturer and marketer of solar cells and solar cell based products and building materials. Through the application of next-generation technologies and use of proprietary intellectual design the Company aims to be the industry's innovation leader. For the past 19 years, ICP Solar has led the consumer market through innovation and has now begun to apply that same philosophy to the OEM, rooftop and power generation segment of the solar industry. ICP Solar's management has over 50 years of experience in the renewable energy sector. The company’s headquarters is located in Montreal, Canada, with additional locations in the USA, Spain, Ireland and France.

Corporate information may be found at www.icpsolar.com.

Safe Harbor Statement

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.

Contacts:

For Ascent Solar Technologies, Inc.
Brian Blackman, 832-515-0928 (Investor Relations)

or
Brand Fortified Public Relations
Kelly Brandner, 303-289-4303 (Media)

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