Thinfilm Wins IDTechEx Product Development Award for World's First Printed Addressable Memory

First step toward integrated printed systems recognized as key for printed
electronics ecosystem

OSLO, April 3, 2012 - Thin Film Electronics ASA ("Thinfilm") today announced it
has won the IDTechEx Product Development Award for Thinfilm Addressable
Memory(TM),  the world's first working prototype of a printed, non-volatile
memory device addressed with complementary organic circuits, the equivalent of
CMOS circuitry. The IDTechEx Product Development Award is given to companies who
have launched new printed electronics products and are in the process of
bringing them to market. A panel of independent judges assessed Thinfilm's
technology on the basis of technical development, potential market, and benefits
over other company's products.

Thinfilm Addressable Memory, the result of an extensive collaboration involving
PARC, a Xerox company, Solvay and Polyera, is a significant step toward the
"Internet of Things" (IoT), a technology trend identified by Gartner as one of
the Top 10 Strategic Trends of the decade. The vision of IoT is a world where
virtually everything is connected via a smart tag. These smart tags require the
commercial availability of devices that have rewritable memory, are low-cost,
and can be combined with other printed electronic components such as temperature
sensors, displays, power sources, and antennas.

"The demonstration of Thinfilm Addressable Memory, in collaboration with PARC,
was, we believe, a significant step in the delivery of smart tags for the
Internet of things and for new innovative solutions for everything from toys and
games to health care," said Davor Sutija, Thinfilm CEO. "We are honored to see
the work we did recognized by IDTechEx."

Thinfilm recently announced a number of partners to create an ecosystem around
the Addressable Memory product. The vendors include PST Sensors to jointly
develop printed temperature tags, Acreo, which develops printed displays for a
variety of applications, and Imprint Energy, which is developing an innovative
printed battery technology. These partnerships will enable a new class of
temperature sensors - inexpensive, intelligent and able to offer quantitative
information on a per item basis - something not currently possible due to
manufacturing and material cost restrictions today.

Development of the Thinfilm Addressable Memory was partially funded by an
industrial development grant from Innovation Norway. Participants in the
development program include Thinfilm and the company's partners-PARC, Inktec,
Polyera and Solvay. Earlier this year, the FlexTech Consortium also recognized
the commercial significance of the Thinfilm Addressable Memory, presenting the
Flextech Innovation Award to both Thinfilm and PARC.

About Thinfilm
Thin Film Electronics ASA ("Thinfilm") is a publicly-listed Norwegian technology
company with its head office in Oslo 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 & games, logistics, sensor,
and ID systems. http://www.thinfilm.no

About IDTechEx
IDTechEx provides custom consulting, and research and advisory services to help
develop business in these key topics areas: printed, organic and flexible
electronics; RFID and wireless; sensors; electric vehicles; energy harvesting
and storage; photovoltaics, and smart packaging. In addition, IDTechEx provides
syndicated research reports and the world's leading events on these topics.

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

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


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