THIN FILM ELECTRONICS ASA: SUCCESSFUL FABRICATION OF ELECTRONIC ARTICLE SURVEILLANCE DIE USING ROLL-BASED PRODUCTION LINE

08:30
Thinfilm announced today completion of its first fully roll-processed lots of
Electronic Article Surveillance (EAS) die. All layers were properly
deposited, and the lot included a number of engineering design splits. The
lot demonstrated double-digit yield resulting in the successful fabrication
of hundreds of thousands of EAS die.
It is expected that engineering samples of EAS tags from roll-manufactured die
will be shippable to Thinfilms lead customer for qualification in Q4 2018.

Based on engineering work completed over the past month, Thinfilms equipment
supplier and external consultant have determined that detailed modifications
will be sufficient for qualification of its delayed remaining toolset for NFC
roll-based manufacturing, and that a complete redesign is not needed. The
company will start its first roll-based NFC lot by end-September, and expects
to complete its first fully roll-processed NFC lots by January 2019.

25 September 2018

Thin Film Electronics ASA

For more information, contact:
Ole Thorsnes, CFO: +47 9186 6697 / ort@thinfilmNFC.com

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


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Source: Thin Film Electronics ASA via Globenewswire