The Annual General Meeting of Thin Film Electronics ASA ("Thinfilm") has today elected Rita Glenne as a member of its Board of Directors.

Rita Glenne was elected for a two-year term. Following the annual general meeting, the board consists of Morten Opstad (chairman), Rita Glenne, Catarina Göthe, Margareta Josefsson, William R. Salaneck and Rolf Åberg.

Rita Glenne has extensive experience in commercializing technology within the university, institute and private sectors.  As Vice President Technology in Rec Solar AS and Technology Manager in Renewable Energy Corporation (REC) ASA, Ms. Glenne was responsible for technical specification of production equipment, and troubleshooting start-up of REC's new wafer plant.  She alsohad responsibility for technology and R&D strategy in REC's Solar division.

Dr. Glenne has a PhD from the Technical University of Trondheim (NTNU) in Material Science. Before joining REC in 2001, she worked at the Research Council of Norway (NFR), as Senior Scientist at Norsk Hydro ASA, and as Research Scientist at SINTEF and the Centre for Industrial Research (SI).

For further information, please contact:
Geir Harald Aase, VP Communications: +47 480 37 571/geir.aase(a)thinfilm.no:
mailto:geir.aase@thinfilm.no

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.
www.thinfilm.no:
http://www.thinfilm.no/

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.



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Source: Thin Film Electronics ASA via Thomson Reuters ONE

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