OSLO, Norway--(BUSINESS WIRE)--Jul 5, 2018--Thin Film Electronics ASA ("Thinfilm") today announced that it shipped more than 5 million EAS (electronic article surveillance) anti-theft tags to its go-to-market partner during Q2. The Q2 shipments included the first volume orders earmarked for use in the denims category. Thinfilm expects a significant increase in demand for EAS tags during H2 2018.

Thinfilm also continues to make progress in the buildout of its roll-based line for the production of NFC tags. The first NFC-specific equipment is now onsite in San Jose and installation is underway. There are no material delays, and the Company expects initial roll-to-roll production of NFC to begin by the end of Q3 as previously communicated.

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

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CONTACT: Thin Film Electronics ASA

Bill Cummings, +1-408-503-7312

SVP Corporate Communications

bill.cummings@thinfilmNFC.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA NORWAY CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE INTERNET SEMICONDUCTOR HEALTH MOBILE/WIRELESS OTHER HEALTH MANUFACTURING PACKAGING RETAIL COSMETICS FOOD/BEVERAGE SUPERMARKET WINE & SPIRITS

SOURCE: Thin Film Electronics ASA

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PUB: 07/05/2018 08:00 AM/DISC: 07/05/2018 08:01 AM

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