Thinfilm's interim report for the fourth quarter and preliminary results for 2010

* Strong commercial momentum: The launch of the Memory Controller and Toy Development Kit has fuelled the momentum.
* Addressable Memory design completed: The design of the world's first printed rewritable memory array with logic circuitry is ready.

In the fourth quarter, Thinfilm saw strong commercial momentum and took important steps towards creating integrated systems.

Thin Film Electronics ASA ("Thinfilm") is experiencing significant interest for its offerings in the toys and games market, and has received a number of orders for the Thinfilm Toy Development Kit. "The launch of The Thinfilm Memory Controller and the Toy Development Kit has fuelled the strong commercial momentum," says Davor Sutija, Thinfilm CEO. "There is also interest from outside the toy and game industry for our toy development kit."

Thinfilm's product offering is the Thinfilm Memory, a 20-bit non-volatile rewriteable memory printed in a high-volume roll-to-roll process, and the Thinfilm Memory Controller, an application-specific integrated circuit (ASIC).

The Thinfilm Memory Controller was introduced in November, and the Toy Development Kit in December. The Development Kit includes the tools needed to efficiently design products powered by Thinfilm Memory. It contains a hand-held console that accesses Thinfilm Memory cards, tags with Thinfilm Memory, and samples of the Thinfilm Memory Controller.  The kit also includes instructions for programming.

The full interim report for the fourth quarter and preliminary results for 2010 are enclosed in pdf file.

18 February 2011
Thin Film Electronics ASA
 
About Thinfilm and printed electronics
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.

Contact persons:
Geir Aase, VP Comm & IR, tel: +47 4803 7571, e-mail: geir.aase(at)thinfilm.no
Erling Svela, CFO, tel: +47 4062 1040, e-mail: erling.svela(at)thinfilm.no

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