Silicon Valley Veteran to Oversee Software Strategy and Solutions
for NFC Product Company
  

OSLO, Norway, May 20, 2016 - Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL; OTCQX: TFECY), a global leader in printed electronics and smart systems, today announced that Christian Delay has joined Thinfilm's management team as SVP Strategic Marketing and GM Software Platforms. In this role, he will define the strategy for developing software solutions that extend and deepen Thinfim's partnerships and enable consumers to interact with connected objects using their mobile devices. He brings a deep understanding of the mobile ecosystem and a strong history of building successful global partnerships.

Mr. Delay joins Thinfilm from the Ask Partner Network (an IAC company) where he was responsible for the strategy and growth of APN's Mobile business. His efforts focused on building search and advertising solutions that were integrated with, and distributed to, application developers and OEMs, which led to significant user, query and revenue growth. Prior to joining APN, Mr. Delay held senior positions at Opera Software, Obopay, Yahoo and Infospace. He earned his MBA from Duke University after working for Arthur Andersen and JPMorgan in Switzerland.

"We're very excited to have an accomplished software veteran and domain expert like Christian join our team," said Thinfilm's CEO, Davor Sutija. "Software solutions are a critical component of our end-to-end offering and will play a vital role in helping Thinfilm achieve its vision of bringing intelligence and connectivity to everyday objects."

Mr. Delay reports directly to the CEO and is based out of Thinfilm's NFC Innovation Center in San Jose, California.

Thinfilm also announced that Bill Cummings has joined the Company's management team following his promotion to SVP Corporate Communications. Mr. Cummings, who joined Thinfilm in March of 2014 as VP Marketing & Communications, is currently responsible for marketing communications, demand generation, sales enablement, public relations, IR/AR, and web/branding. He holds a bachelor's degree in English from Dartmouth College.  

About Thin Film Electronics ASA
Thinfilm is a leader in the development and commercialization 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 sales offices in the United States, Hong Kong, and Singapore. For more information, visit www.thinfilm.no.
                                                  

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