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2016-02-18

Thin Film Electronics ASA: Thinfilm and Constantia Flexibles Partner to Deliver Smart Packaging Solutions to the Beverages Market

Leading Global Manufacturer of Flexible Packaging and Labels
Places 6-Figure Unit Order for Thinfilm's NFC OpenSense Tags

OSLO, Norway, February 18, 2016 -Thin Film Electronics ASA("Thinfilm") (OSE:
THIN.OL; OTCQX: TFECY), a global leader in printed electronics and smart
systems, today announced a partnership withConstantia
Flexibles("Constantia"), one of the world's leading manufacturers of flexible
packaging and labels. The two companies are collaborating to deliver pressure
sensitive labels utilizing Thinfilm's NFC OpenSense(TM) technology to leading
brands within the beverages industries for consumer engagement and mobile
marketing applications.

As part of the partnership, Thinfilm received a 6-figure unit order from
Constantia for NFC OpenSense. The partners are now working closely to
create key manufacturing and application processes for incorporating NFC
OpenSense technology into wine, spirit, and beverage labels as well as
flexible packaging for consumer packaged goods (CPG).

NFC OpenSense tags are thin, flexible labels that can detect both a product's
"factory sealed" and "opened" states and wirelessly communicate contextual
content to consumers with the tap of an NFC-enabled smartphone. Each tag is
uniquely identifiable and, when combined with a custom app and cloud-based
software, enables item-level communication to a "market of one." In addition,
the tags remain active even after a product's factory seal has been broken,
empowering brands to engage in consumer dialogue that extends beyond the
point-of-sale and continues throughout the product's lifetime, including the
opportunity to repurchase.

"Constantia Flexibles is excited to help bring Thinfilm's NFC OpenSense
technology to the label marketplace ," said Mike Henry, EVP Label Division at
Constantia Flexibles. "We have been collaborating with Thinfilm for over a
year and are convinced our companies share an innovative DNA that will lead
to real market differentiation."

The label-focused initiatives are being managed by Constantia Flexibles' Label
Division. These collaborative efforts aim to position Constantia Flexibles as
a leading Thinfilm preferred converter partner moving forward.

"We are very pleased to be partnering with one of the premier flexible
packaging and label firms in the industry," said Davor Sutija, CEO of
Thinfilm. "We look forward to leveraging Constantia Flexibles' expertise in
order to optimize processes for the integration of NFC OpenSense into
packaging and make this powerful technology accessible to their clients."

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 Constantia Flexibles

Constantia Flexibles is one of the world's leading manufacturers of flexible
packaging products and labels. The Group supplies its products to numerous
multinational corporations and local market leaders in the food, pet food,
pharmaceuticals and beverage industries. In total, Constantia Flexibles has
over 3,000 customers and close to 10,000 employees worldwide. The company
produces at 53 sites in 23 countries.

Constantia Flexibles Labels Division is one of the world's leading label
companies with a special focus on the beverage industry. They are credited
with creating the first pressure sensitive label for the personal care,
spirit, wine, beer and non-alcoholic beverage categories. The division
operates 23 production facilities across Europe, North America, Asia, Africa
and Australia.

# # #

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

For more information on Constantia Flexibles please contact:

Daniel Smith
Head of Group Communications
Constantia Flexibles
+43 1 888 5640 1195
daniel.smith@cflex.com

Dan Muenzer
VP Marketing
Constantia Flexibles+01 513 459 3223
Dan.muenzer@spear.cflex.com

This information is subject to the disclosure requirements pursuant to section
5-12 of the 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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