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2016-05-20

Thin Film Electronics ASA: Thinfilm Hires Christian Delay as SVP Strategic Marketing and GM Software Platforms

Silicon Valley Veteran to Oversee Software Strategy and Solutions
for NFC Product Company

OSLO, Norway, May 20, 2016 -Thin Film Electronics ASA("Thinfilm") (OSE:
THIN.OL; OTCQX: TFECY), a global leader in printed electronics and smart
systems, today announced that Christian Delay has joined Thinfilm's
management team as SVP Strategic Marketing and GM Software Platforms. In this
role, he will define the strategy for developing software solutions that
extend and deepen Thinfim's partnerships and enable consumers to interact
with connected objects using their mobile devices. He brings a deep
understanding of the mobile ecosystem and a strong history of building
successful global partnerships.

Mr. Delay joins Thinfilm from the Ask Partner Network (an IAC company) where
he was responsible for the strategy and growth of APN's Mobile business. His
efforts focused on building search and advertising solutions that were
integrated with, and distributed to, application developers and OEMs, which
led to significant user, query and revenue growth. Prior to joining APN, Mr.
Delay held senior positions at Opera Software, Obopay, Yahoo and Infospace.
He earned his MBA from Duke University after working for Arthur Andersen and
JPMorgan in Switzerland.

"We're very excited to have an accomplished software veteran and domain expert
like Christian join our team," said Thinfilm's CEO, Davor Sutija. "Software
solutions are a critical component of our end-to-end offering and will play a
vital role in helping Thinfilm achieve its vision of bringing intelligence
and connectivity to everyday objects."

Mr. Delay reports directly to the CEO and is based out of Thinfilm's NFC
Innovation Center in San Jose, California.

Thinfilm also announced that Bill Cummings has joined the Company's management
team following his promotion to SVP Corporate Communications. Mr. Cummings,
who joined Thinfilm in March of 2014 as VP Marketing&Communications, is
currently responsible for marketing communications, demand generation, sales
enablement, public relations, IR/AR, and web/branding. He holds a bachelor's
degree in English from Dartmouth College.

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.

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

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

---------------------------------------

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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