Ascent Solar Announces Intent to Voluntarily Withdraw Dual Listing from Boston Stock Exchange.LITTLETON, Colo. -- Ascent Solar Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASTI) (BSX BSX Bermuda Stock Exchange BSX Bandai Satellaview-X BSX Bicycle Super-X (Cross) :ASTI), today announced its intent to voluntarily withdraw the listing of its common stock (Nasdaq:ASTI) (BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :ASTI) and Class B warrants (Nasdaq:ASTIZ) (BSE:ASTIZ) from the Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. . Ascent Solar's common stock and warrants will continue to be listed on the NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for . Ascent Solar has elected to withdraw its listing from the Boston Stock Exchange to eliminate duplicative administrative requirements and associated costs inherent with dual listings. The withdrawal is expected to be effective by mid-September 2007. Matthew Foster, President and Chief Executive Officer of Ascent Solar, stated, "Although we have appreciated the opportunity to be dual-listed on the Boston Stock Exchange, we believe it prudent to eliminate duplication of costs and resources wherever possible." About Ascent Solar Technologies: Ascent Solar Technologies, Inc. is a developer of state-of-the-art, thin-film photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell. materials and modules 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." 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 Securities and Exchange Commission. |
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