Thinfilm CEO to Discuss the Power of Printed Electronics at Trillion Sensors Summit


Oslo, Norway - October 9, 2014 - Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL), a leader in the development and commercialization of printed electronics, today announced that its chief executive officer, Dr. Davor Sutija, will deliver a talk on the role printed electronics can play in sensor manufacturing at TSensors (Trillion Sensors) Summit San Diego. During the summit, which will be held on November 12-13, 2014, Sutija will also share findings of a newly published, Thinfilm-sponsored IDC white paper titled, "Opportunity Beyond the IoT: Printed Electronics and Smart Systems."

 

The prestigious event is a forum for the world's sensor visionaries to present their views on which sensor applications, types, and manufacturing platforms have the potential to fuel sensor market growth to the trillions within a decade. Dr. Sutija will address how printed electronics technology can be used to scale the manufacturing of sensors and smart labels in an effort to greatly expand the Internet of Things (IoT). He will also share findings of the Thinfilm-sponsored IDC report that "examines the potential for printed electronics and their integration with sensors and near-field communication (NFC) connectivity into smart systems as a means of creating additional business value - especially in conjunction with the burgeoning IoT market."

 

Supporting quotes:

  • "There's been a great deal of discussion around the ongoing growth of traditional IoT - that is, conventional machine-to-machine IoT in which laptops, smartphones and other complex devices connect with the Internet and with each other," said Sutija. "But conventional silicon-based electronics will only take us so far - especially in the context of a future that includes 'trillions' of sensors. We believe the scale associated with printed electronics manufacturing processes can drive significant growth in the sensor market, enable us to cost-effectively make everyday items 'smart,' and expand traditional IoT into the Internet of Everything."

  • "When faced with the prospect of developing business cases for connected things, we often limit our thinking to the devices that have connectivity or computational capability embedded within them," said Carrie MacGillivray, program vice president, mobile services, IoT and infrastructure, IDC. "However, there is a broader opportunity to bring sensor capability and tracking to 'things' that can extend the utility of the IoT beyond the devices, to products whose data can provide valuable insights or benefits to businesses and consumers."

More information:

 

About Thin Film Electronics ASA

Thinfilm is a leader in the development of Printed Electronics. The first to commercialize printed, rewritable memory, the Company is creating printed systems that include memory, sensing, display, and wireless communication, all at a low cost unmatched by any other electronic technology. Thinfilm's roadmap integrates technology from a strong and growing ecosystem of partners to enable the Internet of Everything by bringing intelligence to disposable goods.

Thin Film Electronics ASA ("Thinfilm") is a publicly listed Norwegian company with headquarters in Oslo, Norway, product development and production in Linköping, Sweden, product development, production, and business development in San Jose, California, USA, and a sales office in Tokyo, Japan. In addition, manufacturing is provided through a production partner, InkTec, in Pyongtaek, South Korea.

Follow us on Twitter: http://www.twitter.com/ThinfilmMemory or connect with us on LinkedIn: http://www.linkedin.com/company/thin-film-electronics

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For more information on Thinfilm, please contact:

Thin Film Electronics ASA
Bill Cummings
VP, Marketing & Communications
+1 408 503 7312 
bill.cummings@thinfilm.no
http://www.thinfilm.no

Blanc & Otus for Thin Film Electronics ASA
Jennifer Smith
PR for Thinfilm USA
+1 415 856 5152
jsmith@blancandotus.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)