Ascent Solar inks exclusive EnerPlex agreement with German distributor KOMSA

Friday April 15, 2016 Tags: Thornton, Ascent Solar, EnerPlex, KOMSA, Rafael Gutierrez, Bianca Brinker

THORNTON --  Ascent Solar Technologies, Inc.  (OTCQB: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the company's EnerPlex™ series of consumer products, announced an exclusive distribution agreement with KOMSA, the Hartmannsdorf, Germany-based distributor.

"The German market is a natural forward step for European growth, particularly considering the success of our presence in the United Kingdom,” said Rafael Gutierrez, the company’s SVP and COO.

“Germany presents an exciting opportunity for revenue growth, and our partnership with KOMSA, a well-known and entrenched distributor in the region, will help EnerPlex quickly penetrate both physical as well as e-tail channels."

"EnerPlex is determined to further expand its presence in the German market and the brand's status as a technology leader,” said Bianca Brinker, who represents EnerPlex in Europe.

“With KOMSA as a strong distribution partner, we are confident in achieving this goal. KOMSA is one of the leading distributors in the mobile, outdoor and sporting markets and attaches great importance to partner support and training. KOMSA's focus on offering a solutions-based product portfolio, their industry-leading service and forward-looking alignment makes KOMSA a true value-added distributor for EnerPlex for our story of collect it -- store it -- use it.”

"EnerPlex complements our portfolio with high-quality solutions in the field of 'Mobile Power Management," said Anja Kratzer, KOMSA unit manager. “Through their extensive product offering, we can provide our partners with unique and high-performance products -- whether a classic power bank, high-quality solar products or innovative accessories -- EnerPlex's portfolio provides the most suitable products for our partner's customers."

"The signing of KOMSA is the first step in our strategy to capitalize on the opportunity presented in Central and Southern Europe, over half of Germans own smartphones, along with a similar percentage for the citizens of France, Italy and Spain,” Gutierrez said.

“We see the European market as underserved in regards to mobility power across all three product verticals EnerPlex manufactures: Mobile, Outdoor and Emergency."

KOMSA Group serves more than 10,000 resellers, including more than 4,500 specialist dealers and system houses.