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2014-05-28

Thin Film Electronics ASA: Thinfilm Demonstrates First Printed NFC-Enabled Smart Label

Printed Electronics Leader Uses Proprietary PDPS Technology to Facilitate
Wireless Data Capture Via Smartphone; Achieves Key Milestone in Mission to
Power the Internet of Everything

Oslo, 28 May 2014 -Thin Film Electronics ASA("Thinfilm") (OSE: THIN.OL)
announced today that it has successfully demonstrated the industry's first
integrated-system product to combineprinted electronicstechnology, real-time
sensing capability, and near-field communication (NFC) functionality. A video
of the demonstration, which shows the wireless capture of threshold excursion
data from atemperature-sensing smart label, was presented by Davor Sutija,
Thinfilm CEO, at LOPEC, the international conference and exhibition for
printed electronics. Thinfilm also plans to conduct live demos at its booth
during the exhibition.

"This successful demonstration represents a critical milestone in Thinfilm's
RF (radio frequency) roadmap and comes just four months after acquiring
Kovio, Inc.'s PDPS (printed-dopant polysilicon) technology," said Davor
Sutija, Thinfilm's CEO. "Our engineering team has made truly impressive
progress in a relatively short amount of time and we're very excited about
the many commercial applications for this compelling product."

Thinfilm's PDPS technology is based on a hybrid manufacturing process that
leverages print methods in key process steps. The technology enables
high-performance transistors that support the high frequency RF circuitry
required for NFC communications in Thinfilm labels. Furthermore, the PDPS
platform allows Thinfilm engineers to significantly compress the cycle time
for new designs, enabling faster time-to-market for new sensing elements as
they are developed.

The Thinfilm smart label platform is designed to accommodate a variety of
sensing elements, both printed and conventional. Depending on the application
and necessary components, labels may either be fully printed or feature a
combination of printed and surface-mounted elements. The NFC-enabled
temperature-sensing label demonstrated at LOPEC represents the first in a
potentially wide range of sensing products.

"Beyond the demonstration itself, it's important to note that Thinfilm has
created a highly versatile, multi-sensor platform that is capable of
addressing a range of needs our partners and clients may have," added Sutija.
"Temperature sensing is an area we initially targeted given the market
opportunity and demand, but the market has also expressed significant
interest in applications that measure time, humidity, mechanical shock, blood
oxygen levels, and glucose levels."

In the system demonstrated at LOPEC, PDPS logic detects that a critical
temperature threshold has been exceeded. An NFC-enabled smartphone then
wirelessly detects the signal and displays a corresponding alert on the
device's screen. Because the smart label contains a unique ID in addition to
the sensor data, it is possible to log the alert in a cloud-based application
for further analysis.

Prior important technical milestones leading to today's announcement include:

* Closed, stand-alone system built from printed and organic electronics
(October 2013)
* Low-voltage display driver based on complementary organic logic (June 2013)

* Memory write based on detection of temperature thresholds (December 2012)
* Full addressing logic for multi-bit read-write of printed memory (October
2011)

Thinfilm has now demonstrated all components necessary to produce its first
NFC-enabled integrated-system product and expects to deliver commercial
samples of the smart label to key partners in 2015.

"Thinfilm's multi-sensor platform presents tremendous opportunities for us and
our partners, especially when you consider the variety of new sensors being
created today and the pace at which they're being brought to market," added
Sutija. "As a company we are committed to being a leader in printed
electronics, and our partners will play a key role in our broader efforts to
deliver ubiquitous intelligence and power theInternet of Everything."

Video link:
NFC-Enabled Smart Label:http://youtu.be/H4uxBbpmdw8

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. Our goal is 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 a sales office in Tokyo, Japan. In
addition, manufacturing is provided through a production partner, InkTec, in
Pyongtaek, South Korea.
For more information on Thinfilm please contact:

Heidi Arnesen
Thin Film Electronics ASA
Communications Manager
+47 95 93 73 99
heidi.arnesen@thinfilm.no

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

This information is subject of 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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