Mobile Internet Veteran to Spearhead Global Growth

Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN.OL; OTCQX: TFECY), the leader in the development and commercialization of printed electronics and smart systems, today announced the appointment of Kai Leppänen to chief commercial officer. In this position, Mr. Leppänen will lead Thinfilm’s global sales and jointly lead Thinfilm’s field application engineering with chief product officer Dr. Peter Fischer.

“As we continue to scale Thinfilm globally it is critical to establish a leadership team with proven industry expertise and a commitment to service excellence,” said Dr. Davor Sutija, Thinfilm’s chief executive officer. “Kai’s sales experience in a hyper-growth environment at market-leading companies will play a fundamental role in our success as we look to bring on partners and customers who share our vision for the Internet of Everything.”

Mr. Leppänen joined Thinfilm in August 2013 as vice president of sales and business development in Europe. He has since driven strong international growth for the Company by securing several important production orders and strategic partnerships. Prior to joining Thinfilm, he spent eight years at Opera Software ASA in various sales leadership roles, most recently as senior vice president of global tier-1 accounts. During his time at Opera, Mr. Leppänen successfully executed numerous strategic deals that cemented Opera’s growth and global leadership in the Internet browser market.

Mr. Leppänen has also worked at Symbian, 12snap Mobile Advertising, Anthropics Technology, and GP Bullhound in London, UK, driving business growth with a strong track record of generating success. He holds an MSc degree in Information System Management from South Bank University, London and a BA Hons degree in International Business from Greenwich University, London.

About Thin Film Electronics ASA

Thinfilm is a leader in the development 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 Link�ping, Sweden; product development, production, and business development in San Jose, California, USA; and sales offices in the United States, Japan, and Singapore.

Thin Film Electronics ASABill Cummings, +1-408-503-7312VP, Marketing & Communicationsbill.cummings@thinfilm.noorBlanc & Otus for Thin Film Electronics ASAJennifer Smith, +1-415-856-5152jsmith@blancandotus.comwww.blancandotus.com