Thinfilm Receives First Order for Scalable Array Printed Memory

Delivery of engineering quantities of Passive Array Memory to customer in Q2
2012

Tokyo/Oslo, March 6, 2012 - Thin Film Electronics ASA ("Thinfilm") today
announced receipt of its first engineering order for Thinfilm Passive Array
Memory(TM), a non-volatile rewriteable fully-printed memory suitable for a
number of applications, including use in secure documents and value cards. With
passive array memories, the number of contact points needed to read and write
the memory is reduced, allowing more compact designs and improved contacting
accuracy.

"This unlocks markets and opens up opportunities for new applications, as the
number of bits in passive array memories is no longer limited by pad count and
we can scale to 100 bits and higher in the same area we use currently for 20
bits," says Dr. Davor Sutija, Thinfilm CEO.

World's first printed passive array memory

The passive array architecture separates the memory from the read/write
electronics and dispenses with the need for active circuitry within the memory
array and memory cell.

"This is the world's first printed memory array for high-volume manufacturing
and consumer applications," Sutija continues. "Passive array memory is the
enabling component in printed integrated systems and smart tags for the Internet
of Things, as it allows for additional functionality and more compact tag
design."

Thinfilm's roadmap has expanded from stand-alone memories to include printed
electronic system products.

2012 roadmap for Thinfilm printed memory products:

· Thinfilm Memory(TM): 20-bit single-line memories are commercially available.
The first public application occurred at the Exploratorium in San Francisco last
week. Additional applications will be launched later this year.

· Thinfilm Passive Array Memory(TM): Delivery of engineering samples will begin
in Q2 2012, to customers seeking compact memory designs and higher bit count.

· Thinfilm Addressable Memory(TM): Demonstrated last October, and recognized
last month with the FlexTech 2012 Innovation Award in Printed Electronics, given
for the most significant commercial innovation in the industry, Thinfilm
Addressable Memory combines Thinfilm Passive Array Memory with printed CMOS-
equivalent logic, and is a technology platform that enables printed systems such
as temperature sensors, disposable price labels, and non-contact ID tags. An
integrated system prototype is expected by the end of 2012.

About Thinfilm
Thin Film Electronics ASA ("Thinfilm") is a publicly listed Norwegian technology
company with its head office in Oslo, Norway, and product development in
Linköping, Sweden, and sales offices in San Francisco, USA, and Tokyo, Japan.
Thinfilm is a pioneer in the field of Printed Electronics, and provides fully
printed non-volatile, rewritable memory for applications in toys and games,
logistics, sensor, and ID systems. http://www.thinfilm.no/

Recent Thinfilm news: http://www.thinfilm.no/news

Recent Press Coverage: http://www.thinfilm.no/news/thinfilm-press-coverage

For more information contact:
Torgrim Takle, CFO: +47 95 14 07 82/tt@thinfilm.no


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


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