Links multiple printed functions to capture data on temperature thresholds;
moves Interactive Smart Tags closer to commercialization.

OSLO, 20 December 2012 - Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL)
announced today the first proof-of-concept prototype of an integrated printed
electronic tag based on rewritable memory. The printed electronic label,
consisting of printed memory, sensor and logic, detects that critical
temperature thresholds have been exceeded and records data digitally for later
retrieval and display.

Such labels can deliver item-level tracking of quality data for goods such as
pharmaceuticals and perishable foods. The Thinfilm integrated system shows how
low-cost, disposable printed electronic technology will provide information
about product history based on data stored in Thinfilm Memory(TM).

"Integration of functionality is one of the most compelling benefits of printed
electronics. Demonstrating an integrated, interactive prototype tag is a
significant commercial breakthrough for the printed electronics industry. The
Thinfilm system prototype shows that multiple electronic functions can be
delivered on an electronic, disposable tag," said Raghu Das, IDTechEx.

Three different printed devices-memory, logic, and temperature sensor-were shown
to work together sensing a temperature threshold and writing to memory. The
gathered data triggered a display through external circuitry to illustrate the
tags' expected commercial functionality. Integrating memory, logic, sensors and
displays using printed circuitry is critical for the delivery of cost-effective,
mass-produced printed electronic devices.

"The promise of printed electronics rests on its ability to catalyze the coming
technology wave often referred to as the Internet of Things. Making electronics
ubiquitous requires not only cheap components but also ways of integrating them.
The ability to store, process, and communicate local information makes ordinary
objects aware of their environment. These smart objects become our agents,
gathering actionable data, and displaying it when we need to get
involved. Whether sensing temperature or communicating other hazards, Thinfilm
sensor tags follow the product to the last mile, in applications where
conventional electronic measurement systems often cannot be deployed, either
because of cost or a lack of tailorability to individual product packaging,"
said Davor Sutija, CEO of Thinfilm.

The Thinfilm Temperature Sensor prototype integrates components developed by
several Thinfilm eco-system partners. PARC led development of the organic logic
circuitry within design rules and functional specifications provided by
Thinfilm. PST Sensors provided the fully printed thermistor, and ACREO supplied
the electrochromic display.

"This demonstration is a key step towards Intelligent Packaging, and contributes
directly to the Bemis Intelligent Packaging Platform that we are creating with
Thinfilm," said Don Nimis, President of Shield Pack, a division of Bemis
Company, Inc., one of the world's leaders in food and medical products
packaging. "Intelligent Packaging will help Bemis customers monitor the quality
of their products individually and consistently."

Additional circuitry, including a timer function and wireless communication,
will be added to the system. Commercial availability is expected by the end of
2014.

Video and additional photos from the demonstration can be found at Thinfilm's
website: www.thinfilm.no/Temperature-Sensor

Thinfilm's printed electronic technology has been singled out for praise from a
variety of sources. Most recently Thinfilm won the World Technology Award for
materials and was named a runner-up for the Technology Innovation Award for
Semiconductors by The Wall Street Journal. This recognition follows important
printed electronics industry awards earlier this year from both the FlexTech
Alliance and IDTechEx. Thinfilm was also recently recognized by GigaOm as one of
the 15 Most Innovative Companies in mobile.

Portions of this work were funded by Innovation Norway, and by Flextech
Alliance. Thinfilm and its partners gratefully acknowledge their support.

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

For more information, please contact
Torgrim Takle
CFO, Thin Film Electronics ASA
+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)

[HUG#1666522]

Thinfilm Demonstrates First Integrated Printed Electronic System with Rewritable Memory