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2016-12-20

Thin Film Electronics ASA: Thinfilm to Demonstrate 'Smart Beer' and 'Smart Medical Devices' at CES 2017

Innovative NFC Solutions Use Smartphones to Deliver Powerful 1-to-1 Mobile
Marketing and Product Authentication Capabilities

OSLO, Norway, December 20, 2016
-Thin Film Electronics ASA("Thinfilm"), a global leader in NFC (near field
communication) smart-packaging solutions using printed electronics, will
demonstrate its innovative technology at CES in Las Vegas, January 5-8, 2017.
In addition, Erwan Le Roy, Thinfilm's EVP Business Development&GM NFC
Solutions and Smart Sensor Products, will deliver a presentation on
Thinfilm's NFC mobile marketing solutions and the critical role they can play
in expanding the Internet of Things (IoT).

On display at CES, Thinfilm will demonstrate connected items such assmart
beer bottles andsmart
medical devices featuring Thinfilm's award-winning NFC tags, SpeedTap(TM) and
OpenSense(TM). The smartphone-readable tags integrate with powerful
cloud-based software, enabling a direct connection between consumers and
brands that effectively 'disintermediates' platforms such as Facebook,
Amazon, and Google.

"CES promises its usual bevy of Internet of Things innovations, but in
reality the industry has only just scratched the surface," said Thinfilm CEO,
Davor Sutija. "To realize the full promise of IoT, we need to extend its
traditional boundaries to include the hundreds of billions of everyday,
disposable items that exist in the world. Thinfilm intends to play a key role
in making those things smart - not only by providing an alternative to
traditional silicon, but by producing affordable NFC chips in ultra-high
volumes through roll-based processing."

Thinfilm will demonstrate how its NFC solutions enable craft beer bottles to
provide consumers with brewmaster videos, pairing recommendations, and other
information from the brewery through the simple tap of a smartphone. Earlier
this year, Thinfilm announced a collaboration with Hopsy, the US's first
local craft beer marketplace and beer delivery service, to integrate
OpenSense into a variety of locally produced craft beers across the country.

Thinfilm will also show how its NFC technology can help improve patient
adherence by demonstrating the YpsoMate® Smart autoinjector pen, a medical
device for patients that self-administer medication to treat chronic
conditions. The smart medical device is the result of a collaboration between
Thinfilm and Ypsomed, a leading developer and manufacturer of injection
systems for self-medication.

Thinfilm's participation at CES follows several key 2016 milestones, which
include the following:

* In December, Thinfilmannounced it had raised $60 millionfrom key investors.
The funds will be used primarily to build a roll-based manufacturing line
that will significantly scale the production of its SpeedTap(TM) and
OpenSense NFC tags.
* In November, Thinfilmreceived a six-figure order for NFC OpenSense(TM) tags
from a leading Asian packaging firm. The firm specializes in providing a
broad range of packaging solutions to the tobacco market.
* In October,Thinfilm secured a new manufacturing facilityin San Jose,
California, with a state-of-the-art cleanroom. Formerly owned by Qualcomm,
the new site will house Thinfilm's new roll-to-roll line and serve as the
Company's new US headquarters.
* In July, Thinfilmpartnered with a Fortune 500 pharmaceutical firmto create
an NFC OpenSense(TM) platform for medical devices.
* In February,Thinfilm announced a partnership with Arc Worldwide, the
shopper marketing and digital activation agency inside Leo Burnett, to
deliver NFC OpenSense to Arc and Leo Burnett clients.

Where to see Thinfilm at CES:

The Venetian, Suite 29-226, by appointment only:

Led by CEO Davor Sutija, Thinfilm will demonstrate its NFC OpenSense(TM) and
NFC SpeedTap(TM) tags in a private suite at The Venetian. To schedule a
briefing and see how Thinfilm is working toward a ubiquitous world of
connected objects, please email: ThinfilmUSPR@blancandotus.com (media and
analysts).

On stage,
Friday, January 6 at 2:15pm, Tech East, LVCC, North Hall, Room N264

In addition to the demonstrations, Erwan LeRoy, EVP Business Development&GM
NFC Solutions and Smart Sensor Products, will participate in the session,
"Printed Electronics: Key Enabling Technology for IoT" moderated by Dr.
Jeremy Burroughes, CDT. Mr. LeRoy will offer his thoughts on the printed
electronics industry and how NFC smart packaging will help fuel the Internet
of Everything.

About Thin Film Electronics ASA

Thinfilm is a leader in NFC smart packaging solutions using printed
electronics. The first to commercialize printed, rewritable memory, the
Company today creates printed tags, labels and systems that include memory,
sensing, display, and wireless communication - all at a price point unmatched
by conventional electronic technologies. Thinfilm's roadmap integrates
technology from a strong and growing ecosystem of partners to bring
intelligence to everyday items and effectively extend the traditional
boundaries of the Internet of Things.

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.

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

For more information on Thinfilm please contact:

Bill Cummings
SVP Corporate Communications
Thin Film Electronics ASA
+1 408-503-7312
bill.cummings@thinfilm.no

Jennifer Pierce
Blanc&Otus for Thin Film Electronics ASA
+1 415-856-5152
jennifer.pierce@blancandotus.com

---------------------------------------
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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