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Ascent Solar Announces Completion of Conversion to Streamlined Form S-3.


LITTLETON Littleton, city (1990 pop. 33,685), seat of Arapahoe co., N central Colo.; platted 1812, inc. 1890. It is a suburb south of Denver in an irrigated farm area. , Colo. -- Ascent Solar Technologies, Inc. (Nasdaq: ASTI) today announced that the two post-effective amendments it filed last week have been declared de·clare  
v. de·clared, de·clar·ing, de·clares

v.tr.
1. To make known formally or officially. See Synonyms at announce.

2. To state emphatically or authoritatively; affirm.

3.
 effective by the Securities and Exchange Commission. As a result, the exercise of Ascent Solar's outstanding Class B warrants may now resume. Matthew Matthew

one of the twelve disciples. [N.T.: Matthew]

See : Evangelism
 Foster, Ascent Solar's President and Chief Executive Officer, stated: "We are pleased that the post-effective amendments have been declared effective, and we expect that the conversion from 'long form' registrations on Form SB-2 into 'short form' registrations on Form S-3 will result in additional cost savings in the future." Ascent Solar had filed with the Securities and Exchange Commission post-effective amendments to two Form SB-2 registration statements that covered, among other things, the shares of common stock issuable upon exercise of outstanding Class B warrants. The filings did not register additional securities for sale by Ascent Solar, but were intended solely to convert existing registrations on Form SB-2 into less burdensome and less costly registrations on Form S-3.

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. is a developer of state-of-the-art, thin-film photovoltaic modules In the field of photovoltaics, a photovoltaic module is a packaged interconnected assembly of photovoltaic cells, also known as solar cells. An installation of photovoltaic modules or panels is known as a photovoltaic array.  and is located in Littleton, Colorado The City of Littleton is a home rule municipality located in the Denver Metropolitan Area of the State of Colorado. As of 2005, the city is estimated to have a total population of 40,396.[1] Littleton is the 17th most populous city in the State of 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 forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
." 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 for·ward-look·ing
adj.
Concerned with or making provision for the future: forward-looking educators; a forward-looking corporate plan.

Adj. 1.
. 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.
COPYRIGHT 2007 Business Wire
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Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 29, 2007
Words:321
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