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2016-02-24

Thin Film Electronics ASA: Barbadillo Uses Thinfilm's NFC Technology to Secure and Authenticate Limited-Edition Bottles of Rare Sherry

Versos 1891 "Smart Bottle" Featuring NFC OpenSense(TM) Technology to be
Demonstrated at Mobile World Congress 2016 in Barcelona

OSLO, Norway, and Cádiz, Spain, February 24, 2016 -Thin Film Electronics
ASA("Thinfilm") (OSE: THIN.OL; OTCQX: TFECY), a global leader in printed
electronics and smart systems, today announced thatBarbadillo, a leading
Spanish winemaker, has unveiled a highly exclusive release of rare sherry in
"smart bottles" protected by Thinfilm's NFC-based authentication technology.
The NFC OpenSense tags incorporated into each bottle are specifically
designed to thwart counterfeiters, prevent unauthorized refills, and
facilitate product authentication.

Dating back to the 19thcentury and thought to be one of the oldest and rarest
sherries on the market today, the exclusive run of "Versos 1891" bottles goes
on sale today from Bodegas Barbadillo and a select group of wine merchants
across the globe.

The Versos 1891 was originally a gift to Manuel Barbadillo by his father as a
christening present in 1891, and was already then described as an old
Amontillado. Stored in the humid cellars of Barbadillo in Sanlucar de
Barrameda, Andalusia, generations of winemakers from the Barbadillo family,
as well as the firm's coopers and cellar masters, have acted as its
custodians while it aged slowly in the balanced conditions required of the
finest old sherries.

Each bottle of Versos 1891 will have an NFC OpenSense tag incorporated into
the bottle that can distinguish between the product's "factory sealed" and
"opened" states. Using Thinfilm's custom app and cloud-based platform, the
tag can wirelessly transmit authentication data to consumers with the tap of
an NFC-enabled smartphone. In addition, each tag is uniquely identifiable and
trackable, and cannot be cloned.

"Versos 1891 is the celebration of an extraordinary man, a legendary winery,
and a deep-rooted tradition of winemaking," said Manuel Barbadillo, Chairman
of Barbadillo and grandson of Don Manuel. Given the rarity of this release
and its significance to the Barbadillo family, we feel compelled to protect
it. Thinfilm's technology delivers that protection, for our business and our
valued consumers."

In May of 2013, the Institute of Masters of Wine celebrated its
60thAnniversary with a formal tasting of Versos 1891, during which the sherry
was acclaimed for its "elegance" and other outstanding qualities.

"It's gratifying that an emerging Norwegian technology company can deliver
value to a centuries-old Spanish winery on such a meaningful initiative,"
said Davor Sutija, CEO of Thinfilm. "The Barbadillo brand has a rich history,
and we're delighted that our NFC OpenSense technology is playing a role in
protecting that legacy."

Thinfilm worked closely with Constantia Flexibles, a trusted partner and one
of the world's leading manufacturers of flexible packaging and labels, on
incorporating the NFC OpenSense technology within the Versos 1891 bottle.
Spear USA Inc., Constantia's label division and an industry leader within the
wine and spirits field, led the integration efforts.

Barbadillo and Thinfilm will be demonstrating the Versos 1891 connected "smart
bottle" at Mobile World Congress 2016, February 22-25 in Barcelona, Spain.
The Thinfilm booth is in the Norway Pavilion in Hall 6, Stand 6H20. The main
venue for the event is located at Fira Gran Via, Avenue Joan Carles I,64
08908 L'Hospitalet de Llobregat, Barcelona.

About Thin Film Electronics ASA

Thinfilm is a leader in the development and commercialization of printed
electronics. The first to commercialize printed, rewritable memory, the
Company is creating printed systems that include memory, sensing, display,
and wireless communication, all at a low cost unmatched by any other
electronic technology. Thinfilm's roadmap integrates technology from a strong
and growing ecosystem of partners to enable the Internet of Everything by
bringing intelligence to disposable goods.

Thin Film Electronics ASA ("Thinfilm") is a publicly listed Norwegian company
with headquarters in Oslo, Norway; product development and production in
Linköping, Sweden; product development, production, and business development
in San Jose, California, USA; and sales offices in the United States, Hong
Kong, and Singapore. For more information, visit www.thinfilm.no.

About Barbadillo

Founded in 1821 in Sanlucar de Barrameda, in southern Spain, Bodegas
Barbadillo remains 100% family owned by the Barbadillo family with its
original cellars and 500 ha of Jerez Superior vineyards.

Barbadillo is dedicated to making the highest quality Spanish wines and is
especially renowned for its white wine 'Barbadillo', and its Sherries,
especially Manzanilla which is unique to Sanlucar. The company furthermore
owns the 'Vega Real' winery in D.O. Ribera del Duero and Bodega Pirineos in
D.O.Somontano, with an exciting array of excellent quality wines from each.

www.barbadillo.com

# # #

For more information on Thinfilm please contact:
Bill Cummings

VP, Marketing&Communications
Thin Film Electronics ASA
+1 408 503-7312
bill.cummings@thinfilm.no

Jennifer Smith
Blanc&Otus for Thin Film Electronics ASA
+1 415 856 5152
jsmith@blancandotus.com
www.blancandotus.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thin Film Electronics ASA via Globenewswire

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