Thin Film Electronics Gains Momentum

Thin Film Electronics, the printed electronics company based in Oslo, Norway, is poised to benefit greatly from the Internet of Everything. Since I first wrote about the company in September, several important news items show that the company is rapidly gaining momentum.

• Revenue Growth - Revenues for the 2014 full year grew 121% over the 2013 full year.
• Large Orders - After shipping it's first order with a 7 digit unit quantity last year, the company has a new 13 million unit order for its Electronic Article Surveillance labels.  
• Partnerships -The company has announced a strategic partnership with Xerox for the high-volume production and sales of Thinfilm Memory labels. This will reduce future capital requirements by leveraging Xerox manufacturing resources.
• NFC for Bottles - OpenSense™, a near field communication sensor for bottles, is a new product improves product security and enhances consumer engagement. Now your smartphone will be able to talk to your bottle of Johnnie Walker scotch.
• Listing on Oslo Børs - On February 27th, shares of Thin Film Electronics were listed on the Oslo Børs and a registration has been filed for an American Depositary Receipt program in the United States. This will increase the company's visibility and widen the investor base.

Each of these represent an important breakthrough. Together, they appear to be significant momentum.  I will be watching this company closely with high expectations.

What would you like your scotch to say to you?

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The new Apple iPhone 6 and 6 Plus are the first Apple devices to include a near field communications antenna. Apple's initial focus with the NFC capability will be their innovative new payments system. Going forward, NFC in the iPhone may be a big boost to a small Norwegian company named Thin Film Electronics.

Thin Film Electronics ASA is the only public company focused solely on printed electronics. Using a proprietary roll-to-roll process, the company uses gravure and screen printing technologies to print electronic components, including thin film transistors for logic, onto an expensive PET plastic. In May, they demonstrated an NFC enabled smart label for monitoring the temperature history of a package.

NFC has been available in Android devices for a couple of years, but without Apple, consumer applications for the technology have been severely hampered. With both Apple and Google on board, soon almost everyone will be carrying an NFC enabled device. This opens the door to much greater use of smart packaging which Thin Film Electronics is uniquely positioned to supply.

Smart packaging can be used to prevent counterfeiting, track storage conditions, or provide more detailed product information than will fit on the package. This kind of information can greatly improve the safety of perishable foods and pharmaceuticals.

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