Conversion of Class B shares

The board of directors of Thin Film Electronics ASA ("Thinfilm" or "the Company") has resolved to convert all issued and outstanding Class B shares in Thinfilm to Class A shares. The terms and conditions of the Class B shares are set out in the articles of association of the Company as published in the Prospectus dated 29 January 2008 in connection with listing of Thinfilm's Class A shares on Oslo Axess and Note 9 to Thinfilm's consolidated annual financial statements for 2007.  Following a cash exercise of the related subscription rights in Fast Search & Transfer AS in 2008, the Class B shareholders submitted notices of conversion of the Class B shares to the board.Following the conversion, the share capital of the Company is NOK 2,413,081.99 divided into 21,937,109 ordinary shares at NOK 0.11 par value per share. Following the conversion, there are no Class B shares in issue and outstanding and the share class (Class B) shall no longer exist. The articles of association of the Company have been amended accordingly.

24 February 2009
Thin Film Electronics ASA

Presentation Material February 2009

Attached is pdf version of a presentation held for investors, analysts and brokers in Oslo.

Presentation

10 February 2009
Thin Film Electronics ASA

Cartamundi and Thinfilm extend licence agreement

Cartamundi and Thinfilm have agreed to extend Cartamundi's production and commercialization rights to Thinfilm's memory technology under the Patent and Know-How, License Agreement signed in 2007.  Attached is information (press release) about expanded licence agreement with Cartamundi.

Link to press release in PDF format

9 February 2009
Thin Film Electronics ASA

Operational Adjustments

Thin Film Electronics ASA ("Thinfilm") announced on 5 December 2008 that discussions with a potential industrial shareholding partner had been put on hold due to the situation in the world's financial markets. Consequently the board of Thinfilm has considered various alternative routes forward towards the commercialisation of the company's technology.

As a result of the current financial market combined with the company's cash resources, Thinfilm needs to adjust its operation to ensure timely completion of certain critical tasks related to industrialisation and the establishment of channels to the market. 

The board of directors has decided to initiate cost savings in Linköping, Sweden. A core team will be retained. The savings are expected to take effect by the end of the first quarter of 2009.  

16 December 2008
Thin Film Electronics ASA