Friday, 19 Jan 2018

Thin Film Electronics receives order from Global FMCG Leader for NFC speedtap tags

The Company expects NFC-enabled products featuring Thinfilm's OpenSense technology to reach the market in first-half of 2016

11 Feb 2016 | Editor

Thin Film Electronics (Thinfilm) has announced that the company has received a five-figure unit order for NFC SpeedTap tags from a leading global FMCG (fast moving consumer goods) brand. The client is working closely with Thinfilm on conversion and product application initiatives, and discussions for future field trials are underway. The total sales volume of the client is several billion units annually.

According to the announcement Thinfilm has, including this order, now received pilot orders for its NFC Solutions products from companies spanning several targeted verticals, including wine and spirits, specialty foods, pharmaceutical packaging, tobacco, and medical devices. The Company expects NFC-enabled products featuring Thinfilm's OpenSense technology to reach the market in H1 2016.

Davor Sutija, Chief Executive Officer Thin Film Electronics, said, "Interest in our NFC Solutions product line continues to grow." Davor added "This pilot order for NFC SpeedTap - from a leading global FMCG brand - highlights Thinfilm's product diversity and is a testament to the Company's ability to create NFC-based smart-packaging solutions for a range of vertical markets. The interest in NFC solutions from global leaders in the verticals we are targeting continues to be significant."


About Thin Film Electronics

Thinfilm is a leader in the development and commercialization of printed electronics. 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, Hong Kong, and Singapore.

Source: Thin Film Electronics


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