Thinfilm Joins NFC Forum Board of Directors

Amphenol Tecvox, Crocus Nano Electronics and RIDDLE&CODE Join NFC Forum

WAKEFIELD, Mass.--()--NFC Forum today announced that Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY) upgraded its NFC Forum membership from Principal to Sponsor and accepted a seat on the NFC Forum Board of Directors. Three other companies joined the world's leading standards and advocacy association for Near Field Communication (NFC) technology as well.

“We thank the NFC Forum Board of Directors for welcoming Thinfilm and look forward to contributing to the growth and success of this critical technology on a global basis,” said Giampaolo Marino, executive vice president, Hardware Solutions, Thinfilm. “As billions of consumers now have access to NFC technology on their smartphones, the NFC industry is creating compelling new experiences that effortlessly and elegantly link the physical and digital worlds.”

Thinfilm has been a Principal member of the NFC Forum since 2014 and will join Apple, Dai Nippon Printing, Google, Infineon, MasterCard Worldwide, NXP, Qualcomm, Samsung, Sony, STMicroelectronics and Visa on the NFC Forum Board of Directors. Thinfilm’s elevated position will allow it to expand on its technical and marketing contributions to the NFC Forum assuming a greater leadership role in the organization.

"The NFC Forum is excited to welcome Thinfilm to the NFC Forum Board of Directors and looks forward to their expanding role in the NFC Forum,” said Paula Hunter, executive director, NFC Forum. “Thinfilm has played a significant role at the NFC Forum over the last few years by supporting NFC specifications, participating in advocacy activities and serving as chair of the NFC Forum’s Retail and Payment Special Interest Group.”

Sponsor level is the top tier of NFC Forum membership. It entitles an organization to a seat on the NFC Forum Board of Directors, the consortium’s governing body, and to run for officer positions. Sponsor members, like Principal members, may designate individuals to run for Forum leadership positions and may appoint one voting representative to each of the NFC Forum Committees and Working Groups.

Three New Implementer Members Join NFC Forum
Amphenol Tecvox, Crocus Nano Electronics and RIDDLE&CODE joined the NFC Forum at the Implementer Level of membership, increasing the number of NFC Forum member organizations to nearly 140 worldwide. The NFC Forum draws innovative member organizations from all regions of the globe reflecting the increasing worldwide interest in adoption and implementation of NFC technology.

About Thin Film Electronics ASA
Thinfilm is enabling the Internet of Everything through our NFC (near field communications) solutions. We provide consumer-focused NFC mobile marketing as well as industrial and supply chain solutions, including blockchain applications. Thinfilm provides end-to-end support throughout the entire process. This starts with the manufacturing of NFC tags through our ground-breaking, roll-to-roll printed electronics production process, integration support to get those tags on physical objects, and our CNECT™ cloud-based software platform which captures data and provides actionable insights into consumer behavior and business logistics.

Thin Film Electronics ASA is a publicly listed company in Norway with global headquarters in Oslo, Norway; US headquarters in San Jose, California; and offices in Linköping, Sweden; San Francisco; London; Singapore; and Shanghai. For more information, visit www.thinfilmNFC.com

About the NFC Forum
The NFC Forum (www.nfc-forum.org) was launched as a non-profit industry association in 2004 by leading mobile communications, semiconductor, and consumer electronics companies. The Forum's mission is to advance the use of Near Field Communication technology by developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology. The Forum's global member companies are currently developing specifications for a modular NFC device architecture, and protocols for interoperable data exchange and device-independent service delivery, device discovery, and device capability. Only member companies can participate in the Forum's certification program of NFC devices, readers and tags.

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Contacts

Ruth Cassidy, NFC Forum Public Relations
+1 617-957-8494
rcassidy@virtualmgmt.com

Bob Olson, NFC Forum Public Relations
+1 978-872-7120
rolson@virtualmgmt.com

Release Summary

The NFC Forum today announced that Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY) joined the NFC Forum Board Of Directors.

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Contacts

Ruth Cassidy, NFC Forum Public Relations
+1 617-957-8494
rcassidy@virtualmgmt.com

Bob Olson, NFC Forum Public Relations
+1 978-872-7120
rolson@virtualmgmt.com