Ensurge Micropower ASA - M&A Activity 2014

THIN: Conditional Agreement to Acquire Kovio NFC Technology

Conditional Agreement to Acquire Kovio NFC Technology

Oslo, 13 January 2014 - Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL)

has entered into a conditional agreement for the acquisition of printed near

field communication (NFC) technology developed by Kovio, Inc. The Kovio NFC

communication protocol is supported by the Google Android platform and major NFC

controllers. Under the terms of the agreement, Thinfilm will acquire the Kovio

intellectual property and manufacturing facilities, subject to certain

conditions. The transaction is expected to close by the end of January, at which

time Thinfilm will communicate additional information on its wireless roadmap

and invite analysts for a company briefing in Oslo.

For more information on Thinfilm, please contact:

Thin Film Electronics ASA

John Afzelius-Jenevall, CFO: +47 95 87 96 80 / [email protected]

http://www.thinfilm.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act

[HUG#1754162]

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