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Thinfilm Opens Japan Office
[June 06, 2011]

Thinfilm Opens Japan Office

(Thomson Reuters ONE (English) Via Acquire Media NewsEdge) Prof. Jiro Kasahara, former executive technical director at Sony, will represent Thinfilm in Japan.

Thin Film Electronics ASA ("Thinfilm") today announced the opening of their Japan office.

"As a pioneer in Printed Electronics, Thinfilm is working closely with many Japanese manufactures. This work is now entering a new, more advanced stage," says Davor Sutija, Thinfilm CEO.

Japanese companies have made groundbreaking advances in Printed Electronics over the last years, and today are among the leaders inthis field.

Dr. Jiro Kasahara has been central in this: he established the Sony Fusion Domain Laboratory in 2001, where he was responsible for the development of molecular and organic electronics, including organic semiconductors for Flexible and Printable electronics.

"Now, work on printed integrated systems, such as ID- and sensor tags, has begun in earnest with Thinfilm as one of the key players. Thinfilm has a unique memory technology and memory is an essential part of most electronics," says Jiro Kasahara, Vice President, Japan, Thinfilm. "Thinfilm is at the vanguard of Printed Electronics with astrong product focus and a roadmap that shows significant market opportunities." Dr. Kasahara is also co-chairman of Thinfilm'sTechnology Council and serves as a professor at HokkaidoUniversity.

Earlier this year, Thinfilm opened its US office, and appointed Jennifer Ernst as Vice President, North America. Before joining Thinfilm, Ernst was Director of Business Development at PARC, a Xerox Company, where she had been responsible for strategic alliances and partnerships, within Printed Electronics and other fields, since 2006.

Thinfilm offices: * Oslo, Norway: Headquarters * Linköping, Sweden: R&D facilities * San Francisco, USA * Tokyo, Japan For further information, please contact: Geir Harald Aase, VP Communications: +47 480 37 571/geir.aase(a) 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. 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. About Printed Electronics The Printed Electronics market is expected to grow to more than USD 50 billion in annual market value over the next ten years, according to industry analyst group IDTechEx. IDTechEx predicts that logic, including addressable memory, will be one of the largest segments in this market.

Using printing to manufacture electronic memory makes it possible to reduce the number of process steps, resulting in dramatically lower manufacturing costs, and also reduced environmental impact as compared to traditional semiconductor processes. Commercial applications of printed electronics include e-paper, electronic readers, and organic light emitting (OLED) displays. Sensors, batteries, and photovoltaic energy sources are also in development, and together with Thinfilm's memory technology they will open the door to new products and applications, for example, in the field of RFID systems.

Memory is an essential part of most electronics. Memory is required for identification, tracking status, and history, and is used whenever information is stored. Thinfilm's non-volatile ferroelectric polymer memory technology is well suited for application with other printed electronics devices because power consumption during read and write is negligible, and as the memory is permanent, no connection to external power is required for data detainment. Also, the electric current required to write information is so small that operation would be limited by the battery's lifetime and not its capacity.

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

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Thin Film Electronics ASA via Thomson Reuters ONE [HUG#1521269]

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