Thinfilm's interim report for the fourth quarter and preliminary results for 2010
(Thomson Reuters ONE) -
* 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.
Q4 2010 Interim Report:
http://hugin.info/208/R/1490773/426450.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thin Film Electronics ASA via Thomson Reuters ONE
[HUG#1490773]
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Datum: 21.02.2011 - 08:20 Uhr
Sprache: Deutsch
News-ID 51724
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Kategorie:
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"Thinfilm's interim report for the fourth quarter and preliminary results for 2010"
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