2014: A Year in Review

Posted by Bill Cummings, SVP - Corporate Communications on Jan 22, 2015 10:30:00 AM
Bill Cummings, SVP - Corporate Communications
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blogr2rThere’s no doubt that 2014 was a momentous year for Thinfilm. In addition to developing new and innovative technologies, we became a product company with a number of commercial achievements. Beyond that, Thinfilm celebrated many successes related to clients, partners, new technology, corporate funding, media exposure, industry awards, and thought leadership.

Here’s a look back at our journey in 2014 – a list that highlights our most notable achievements, all of which have helped move us closer to making the Internet of Everything a reality:

January 8: Thinfilm announced it would form an alliance with Brady Corporation to bring electronic smart labels to market.

January 21: Thinfilm acquired certain assets of Kovio, Inc. – including its innovative PDPS (printed dopant polysilicon) technology and announced the opening of its NFC Innovation Center in Silicon Valley.

March 31: Thinfilm and Temptime collaborated to deliver printed electronic temperature indicators for use in distribution, storage and management of sensitive medical products.

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April 1: Thinfilm announced a commercial distribution agreement with PakSense, Inc., a market leader in the development of intelligent sensing products specifically designed to monitor perishable goods.   

May 9: Thinfilm announced it had entered into new design and prototype agreements with two additional leading global companies in fast-moving consumer goods (FMCG) markets. Both programs involve custom uses of Thinfilm’s printed electronics technologies for smart labels.

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May 27: Thinfilm, along with Nedap Retail, a leading developer and supplier of innovative solutions for the retail market, announced it will partner to supply global fashion brands with a high-value loss prevention system that will go to market under Nedap’s !FaST brand.

May 28: Thinfilm successfully demonstrated the industry’s first printed NFC-enabled Smart Label. You can view a video of the demonstration, which shows the wireless capture of threshold excursion data from a a temperature-sensing smart label, here.

blog_EvrJuly 2: Thinfilm announced a collaboration agreement with EVRYTHNG, the Web of Things software company that makes physical products smart by connecting them to unique digital identities on the Web.  

September 2: Thinfilm announced a partnership with Flextronics, a leading end-to-end global supply-chain solutions company, in which Flextronics will further expand its Open Innovation Platform with the addition of Thinfilm’s award-winning technology.

September 8: PharmaManufacturing.com named Thinfilm a 2014 “All-Star Innovator” for its NFC Smart Label product.

September 11: Thinfilm was a winner at the 2014 CTIA Emerging Technology Awards in the “M2M, Internet of Things, Sensors, RFID and NFC” category. CTIA, The Wireless Association, is an international organization representing the wireless telecommunications industry.

October 8: Thinfilm completed the first 7-figure unit delivery of its EAS tags.

October 21: Thinfilm CEO, Davor Sutija, is selected by GSMA to serve as keynote speaker at the 2015 Mobile World Congress in Barcelona, Spain.

October 21: Norweigan investment firm, Ferd AS announced it would invest $23 million in Thin Film Electronics ASA.

December 16: Thinfilm receives a follow-up order for 13 million units of its EAS tags.

December 18: Global Factories, the global market leader in the field of medicine pouch verification, announced it would use Thinfilm printed memory labels for security and authentication in its new Vandenbrink Blister Packaging Machine (VBM).

December 23: Thinfilm reached a distribution agreement with CymMetrik, the largest professional packaging and label converter in Greater China.

December 30: We closed out the year just as strong by entering into a licensing agreement with Xerox for production and sale of Thinfilm Memory.

Looking back at the wins of 2014, we wanted to acknowledge our hard-working teams around the world and thank them for all the contributions they made – from our engineers and developers to our board and executive management teams. Without our dedicated teams, much of our successes in 2014 would not have been possible.

These are exciting times in the IoT space and we at Thinfilm are committed to stay at the forefront of bringing intelligence to to the disposables level. We believe the best is yet to come so I hope you will stay tuned for more announcements throughout 2015.

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About Thinfilm Thoughts

Thinfilm Thoughts is the blog for Thinfilm Electronics ASA (“Thinfilm”). The postings published here present our opinions and thought leadership views regarding printed electronics technology and products, the printed electronics industry, and the role that printed electronics will play in powering the Internet of Everything.