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2015-04-15

Thin Film Electronics ASA: Thinfilm Appoints Kai Leppänen to Chief Commercial Officer

Mobile Internet Veteran to Spearhead Global Growth

OSLO, Norway, April 15, 2015 -Thin Film Electronics ASA("Thinfilm") (OSE:
THIN.OL; OTCQX: TFECY), the leader in the development and commercialization
of printed electronics and smart systems, today announced the appointment of
Kai Leppänen to chief commercial officer. In this position, Mr. Leppänen will
lead Thinfilm's global sales and jointly lead Thinfilm's field application
engineering with chief product officer Dr. Peter Fischer.

"As we continue to scale Thinfilm globally it is critical to establish a
leadership team with proven industry expertise and a commitment to service
excellence," said Dr. Davor Sutija, Thinfilm's chief executive officer.
"Kai's sales experience in a hyper-growth environment at market-leading
companies will play a fundamental role in our success as we look to bring on
partners and customers who share our vision for the Internet of Everything."

Mr. Leppänen joined Thinfilm in August 2013 as vice president of sales and
business development in Europe. He has since driven strong international
growth for the Company by securing several important production orders and
strategic partnerships. Prior to joining Thinfilm, he spent eight years at
Opera Software ASA in various sales leadership roles, most recently as senior
vice president of global tier-1 accounts. During his time at Opera, Mr.
Leppänen successfully executed numerous strategic deals that cemented Opera's
growth and global leadership in the Internet browser market.

Mr. Leppänen has also worked at Symbian, 12snap Mobile Advertising, Anthropics
Technology, and GP Bullhound in London, UK, driving business growth with a
strong track record of generating success. He holds an MSc degree in
Information System Management from South Bank University, London and a BA
Hons degree in International Business from Greenwich University, London.

About Thin Film Electronics ASA

Thinfilm is a leader in the development 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, Japan,
and Singapore.

###

For more information on Thinfilm please contact:
Bill Cummings Jennifer Smith
Thin Film Electronics ASA Blanc&Otus for Thin
Film Electronics ASA
VP, Marketing&Communications +1 (415) 856-5152
+1 (408) 503-7312
jsmith@blancandotus.com

bill.cummings@thinfilm.no www.blancandotus.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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