Ascent Solar Announces Sponsorship Agreement with the NFL's Denver Broncos
THORNTON, Colo.--(BUSINESS WIRE)-- Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of consumer and off-grid products integrated with state-of-the-art, flexible thin-film photovoltaic modules, announced today the company's new agreement with the Denver Broncos Football Club, adding Ascent to a group of 'Hometown Sponsors' for the NFL franchise, a deal which will include in-stadium advertising rights at Sports Authority Field at Mile High, coupled with promotional rights for Ascent's consumer line of products, EnerPlex™.
The Denver Broncos are one of the most successful teams in NFL history, winning two Super Bowls and six AFC Championships. With an intensely loyal fan base, the team has succeeded in selling out every regular-season home game since 1970 and growing its waiting list for season tickets to over 40,000 accounts.
Victor Lee, Ascent Solar's President & CEO, said, "The Denver Broncos exemplify what is best about the NFL, a tradition of excellence on the field and a spectacular fan base which passionately supports its team."
Mr. Lee continued, "The Broncos have arguably one of the best, most loyal and most respected fan bases in the history of the NFL and Ascent is extremely proud to be a partner of the Broncos to bring our revolutionary, flexible, solar integrated products to the forefront of consumers' consciousness, both here in Colorado, famously known as Broncos' country, and across the United States."
As part of the agreement, Ascent will sponsor a new technology zone inside and around Sports Authority Field at Mile High and receive advertising within the new and fully integrated IPTV solution which plays across 1,100 HD televisions throughout the stadium, as well as utilizing the newly installed 1,430' long LED banner which extends the length of the club level façade. In addition, Ascent will also receive multiple media and advertising opportunities, among others a one-half page advertising spot in the Broncos' GameDay Magazine which is distributed free of charge to 45,000 fans at each home game.
"The Denver Broncos are proud to have Ascent Solar as a hometown partner with the team and incorporate them within the new technology zone this season," said Dennis Moore, Denver Broncos Vice President of Sales and Marketing.
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.
The EnerPlex brand represents Ascent's line of consumer products. These products, many of which are integrated with Ascent's transformational CIGS technology, provide consumers with the ability to integrate solar into their everyday lives, while enabling them to free themselves and their electronics from the outlet. For more information on the EnerPlex brand and to see the product line, please visit goenerplex.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.
Ascent Solar Technologies
Investor Relations Contact:
Brion D. Tanous, 310-541-6824
Ascent Solar Technologies
Justin R. Jacobs, 1-720-872-5194
KEYWORDS: United States North America Colorado
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