InkTec Opens Dedicated Production Facility for Thinfilm Memory

InkTec Opens Dedicated Production Facility for Thinfilm Memory

ID: 57055

(Thomson Reuters ONE) -


Thinfilm's partner InkTec upgrades and expands their production capacity.

Thin Film Electronics ("Thinfilm") today announced that its memory production
partner InkTec, headquartered in Ansan, South Korea, has opened a new dedicated
production facility for Thinfilm Memory.

Several leading toy manufacturers have purchased the Thinfilm Toy Development
Kit and are evaluating specific toy concepts based on Thinfilm Memory. "We have
established a supply chain, with InkTec as our main production partner, and are
ready to meet the demand for low-cost high-volume consumer applications," says
Davor Sutija, Thinfilm CEO.

Thinfilm is also seeing increased interest from other industries. "We are being
approached by leading companies in several additional markets, for applications
such as promotional cards, online monetization, and secure documents," Sutija
continues.

In 2009, Thinfilm and InkTec were the first in the world to produce polymer
memories at large scale using roll-to-roll printing. The new, upgraded facility
has a production capacity of 10 million tags of Thinfilm Memory per month, and
will support production of passive array memory. Thinfilm and InkTec will also
work on the development of addressable memories, which combine memory and logic
in an integrated device.

About Thinfilm
Thin Film Electronics ASA ("Thinfilm") is a publicly-listed Norwegian technology
company with its head office in Oslo, product development in Linköping, Sweden,
and sales offices in San Francisco, USA, and Tokyo, Japan. Thinfilm is a pioneer
in the field ofPrinted Electronics, and provides fully-printed non-volatile,
rewritable memory for applications in toys & games, logistics, sensor, and ID
systems.
www.thinfilm.no

Thinfilm Memory(TM) products:

* Thinfilm Memory(TM): 20-bit single-line memories are commercially available.




Suitable for consumer applications, such as toys and games and info-kiosks.
* Thinfilm Passive Array Memory(TM): 40-bit memories are in test production,
and engineering samples will be available later this year. Higher density
memories are under development, with planned production in 2012 (up to 121
bits per memory array). Meets the needs of secure archiving, ticketing, and
other applications that demand encryption or user-programmed stored IDs.
* Thinfilm Addressable Memory(TM):  Prototypes will be ready during 2011.
Transfer to production is expected in 2012 (up to 128 bits). Enables printed
systems, such as ID tags, sensor tags, disposable price labels, and other
smart tags.


About Printed Electronics
The Printed Electronics market is expected to grow to more than USD 50 billion
in annual market value over the next ten years, according to industry analyst
groupIDTechEx. IDTechEx predicts that logic, including addressable memory, will
be one of the largest segments in this market.

Using printing to manufacture electronic memory makes it possible to reduce the
number of process steps, resulting in dramatically lower manufacturing costs,
and also reduced environmental impact as compared to traditional semiconductor
processes. Commercial applications of printed electronics include e-paper,
electronic readers, and organic light emitting (OLED) displays. Sensors,
batteries, and photovoltaic energy sources are also in development, and together
with Thinfilm's memory technology they will open the door to new products and
applications, for example, in the field of RFID systems.

Memory is an essential part of most electronics. Memory is required for
identification, tracking status, and history, and is used whenever information
is stored. Thinfilm's non-volatile ferroelectric polymer memory technology is
well suited for application with other printed electronics devices because power
consumption during read and write is negligible, and as the memory is permanent,
no connection to external power is required for data detainment. Also, the
electric current required to write information is so small that operation would
be limited by the battery's lifetime and not its capacity.


For further information, please contact:
Geir Harald Aase, VP Communications: +47 480 37 571/geir.aase(a)thinfilm.no

Recent Thinfilm news:

* Partnership with PARC, a Xerox company:PARC invests in Thinfilm and PARC and
Thinfilm extends commercialization engagement (April 2011)
* Commercial momentum:Thinfilm receives engineering orders for prototypes from
leading toy manufacturers and Thinfilm opens Japan office (May and June
2011)
* More Thinfilm news:http://www.thinfilm.se/news.



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






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#1536869]


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Datum: 08.08.2011 - 14:42 Uhr
Sprache: Deutsch
News-ID 57055
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