Universal Technology Systems Corp. will Change its Name to NanoFlex Power Corporation

NanoFlex Power Corporation is a technology company. The Company is engaged in developing solar technologies that enable high performance thin films for solar power. The Company’s technologies include organic photovoltaics (OPV) and intellectual property. Its organic photovoltaics (OPV) technology is based on materials, device architectures, and manufacturing processes. The OPV technology is suited for a variety of indoor and outdoor applications. Its intellectual property technology portfolio is focused on covering materials, architectures, and fabrication processes for organic thin-film photovoltaic technologies. The Company’s applications include Internet of Things, building integrated photovoltaics and consumer applications. Its technologies are engaged in research and development programs, which are conducted at Princeton University, the University of Southern California, and the University of Michigan.