Thinfilm Printed Memory Selected for FlexTech Program on Sensors for Medical Devices

Program extends applicability of Thinfilm's current development work on
integrating printed sensors with memory to home care and patient monitoring
applications.

OSLO, August 22, 2012 - Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL)
announced today that its award-winning Addressable Memory (TM) was chosen by a
FlexTech Alliance-funded consortium as a key component in a printed sensor
platform to monitor temperature and blood oxygen content. Thinfilm will deliver
its Addressable Memory(TM) to the new program led by PARC, a Xerox Company, and
the University of California, Berkeley (UCB). The project will also use
technology from Thinfilm and PARC, integrating printed memory and sensors.

"Emerging technologies in printed, flexible, and organic electronics are poised
to impact the $300 billion global medical device market as governments, insurers
and patients seek to bring down healthcare costs," states Lux Research in their
recent report Keeping the Doctor Away: The Opportunities for Emerging
Electronics in Healthcare.

"The disruptive potential of printed electronics is enormous, especially for
markets such as health care where printed sensor systems will be a fraction of
the cost of traditional solutions," said Davor Sutija, CEO, Thinfilm. "Selection
by the FlexTech program is a strong validation of the technical merits of
Thinfilm's integrated printed electronics platform and demonstrates the
applicability of our core technology to areas as broad as medical devices."

In applications requiring single-use, disposable sensors, traditional silicon-
based electronic devices are too expensive. Printed sensor systems, as thin as a
piece of paper, are uniquely appropriate for such high-volume medical
applications.

Projects funded by the FlexTech Alliance are vetted by the FlexTech Technical
Council, consisting of distinguished technologists from companies including
Lockheed Martin, Qualcomm, E Ink, Applied Materials, Dupont Teijin Film and the
US Army Research Lab.

Today's announcement follows Thinfilm's selection by Bemis, a Fortune 500
packaging company, to develop an intelligent packaging platform based on
Thinfilm's integrated printed electronics platform.

About the FlexTech Alliance
The FlexTech Alliance is the only organization headquartered in North America
exclusively devoted to fostering the growth, profitability and success of the
electronic display and the flexible, printed electronics supply chain.  FlexTech
Alliance offers expanded collaboration between and among industry, academia,
government, and research organizations for advancing displays and flexible,
printed electronics from R&D to commercialization.  To this end, the FlexTech
Alliance, based in San Jose, Calif., will help foster development of the supply
chain required to support a world-class, manufacturing capability for displays
and flexible, printed electronics.  More information about the FlexTech Alliance
can be found at the industry portal: www.flextech.org.


About Thinfilm
Thin Film Electronics ASA (Ticker: THIN.OL) is a leader in the development of
printed electronics. The first to commercialize printed rewritable memory,
Thinfilm is creating printed system products that will include memory, sensing,
display and wireless communication-at a cost-per-functionality unmatched by any
other electronic technology.  Thinfilm's roadmap of system products integrates
technology from a strong and growing ecosystem of partners to enable the
Internet of Things by bringing intelligence to disposable goods. Company
headquarters are in Oslo, Norway, with product development in Linköping, Sweden,
sales offices in San Francisco, USA, and Tokyo, Japan, and manufacturing in
Pyongtaek, South Korea. www.thinfilm.no

http://twitter.com/ThinfilmMemory

http://www.linkedin.com/company/thin-film-electronics


For more information, please contact
Johanna Puustinen
Senior Communications Manager
+47 918 78 673
jp@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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