Thinfilm receives NFR grant for project with SINTEF

Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN.OL), a leader in the development and commercialization of printed electronics and smart systems, announced today that The Research Council of Norway (NFR) has awarded Thinfilm a grant of NOK 12 million (approximately US$1.65 million) for research into novel assembly methods and barrier coatings for printed electronic systems. Thinfilm will partner with SINTEF, the largest independent research institution in Scandinavia, over three years, helping to extend printed electronics research excellence in Norway.

“We’re excited to collaborate with SINTEF on this important project and we thank The Research Council of Norway for its support,” said Davor Sutija, Thinfilm’s CEO. “As we further develop the building blocks for smart systems and other products, it is critical that we continue to innovate and explore new methods of integration, assembly and manufacturing. This project enables us to do that.”

“SINTEF is delighted to work with Thinfilm, a world leader in printed electronics,” said Aage Jostein Thunem, Executive Vice President, SINTEF ICT. “In this project we will use our expertise and advanced scientific instruments to further deepen our understanding of printed electronic systems, which will be critical in the design of future products.”

About Thinfilm
Thinfilm is a leader in the development and commercialization of printed electronics and smart systems. 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, Japan, and Singapore.

About SINTEF
SINTEF is a multidisciplinary research institute with international top-level expertise in technology, medicine and the social sciences. SINTEF conducts contract R&D in close cooperation with our customers, both in private and public sectors, and we are among the four largest independent contract research institutions in Europe. Together with the customers SINTEF develops new technology, products, solutions and services for a broad range of applications.