THIN Thin Film Electronics ASA

Thinfilm and GlaxoSmithKline Bring NFC Technology to Leading Over-the-Counter Brand Flonase®

Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY), a global leader in NFC (near field communication) mobile marketing and smart packaging solutions, today announced that GlaxoSmithKline (“GSK”) (LSE/NYSE: GSK), one of the world’s leading research-based pharmaceutical and healthcare companies has commercially deployed Thinfilm’s unique SpeedTap™ tags to create interactive ‘smart’ shelves for enhanced communication with consumers at time of purchase decision-making.

GSK introduced interactive ‘smart’ Flonase® shelves in retail stores across Canada in an effort to educate consumers about the new product and guide them in their purchasing decision. Thinfilm’s unique SpeedTap™ tags incorporated into shelving allows consumers to obtain product information through the tap of an NFC-enabled smartphone.

In addition to SpeedTap tags, GSK is also using Thinfilm’s software platform – CNECT™ – as part of the end-to-end solution that helps dynamically manage the experience of Flonase® consumers. The cloud-based platform integrates with the NFC hardware, enabling GSK to manage tags remotely, deliver custom messaging and content, view real-time consumer tapping activity, and develop valuable consumer insights through built-in analytics functionality.

“At GSK, we focus on helping people do more, feel better, and live longer. And we do that, in large part, by delivering highly effective products to the market,” said Sriman Banerjee, Director – R&D Respiratory Packaging for GSK. “But we also realize that connecting directly with consumers to provide unique and meaningful experiences is critical in today’s market. We believe an innovative mobile technology like Thinfilm’s can play a critical role in strengthening customer relationships, building brand loyalty, and driving revenue for the Flonase® brand.”

Flonase® Allergy Relief is the first ‘prescription to over-the-counter’ intranasal corticosteroid spray from GSK indicated for relief of nasal and eye-related allergy symptoms as well as management of sinus pain and pressure. It is an effective medicine that relieves seasonal and year-round allergy symptoms caused by pollen, mold, dust and pets.

“We are delighted to work with GSK – a global leader, an innovator, and a company that is changing the face of healthcare,” said Davor Sutija, CEO of Thinfilm. “Bringing Thinfilm’s NFC solutions to a valued product like Flonase® is a milestone in the industry, and we look forward to helping GSK drive the brand’s value by connecting directly with consumers at the time of purchase decision-making.”

About Thin Film Electronics ASA

Thinfilm is a global leader in NFC mobile marketing and smart-packaging solutions using printed electronics technology. The Company creates printed tags, labels, and systems that include memory, sensors, displays, and wireless communication — all at a cost-per-function unmatched by conventional electronic technologies.

Thinfilm offers end-to-end mobile marketing solutions that feature hardware, label/packaging integration services, and comprehensive cloud-based management, reporting and analytics. Collectively, these components deliver a powerful 1-to-1 digital marketing platform through which brands of all sizes can connect directly with consumers, all with the simple tap of a smartphone. The resulting disintermediation of search engines, online marketplaces, and social platforms empowers brands to control messaging, enhance consumer dialogue, build loyalty, increase engagement, and drive sales.

Thinfilm’s roadmap integrates technology from a strong and growing ecosystem of partners to bring intelligence to everyday, disposable items. Its mission is to effectively extend the traditional boundaries of the Internet of Things to fuel the Internet of Everything.

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; and Shanghai. For more information, visit www.thinfilm.no.

About GlaxoSmithKline Consumer Healthcare

GlaxoSmithKline Consumer Healthcare is one of the world's largest consumer healthcare products companies. Its more than 30 well-known brands include Voltaren®, Emulgel®, Aquafresh®, Sensodyne®, and TUMS®.

About GlaxoSmithKline

GlaxoSmithKline – one of the world's leading research-based pharmaceutical and healthcare companies – is committed to improving the quality of human life by enabling people to do more, feel better and live longer. For company information visit: http://www.gsk.com.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

EN
03/10/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Thin Film Electronics ASA

 PRESS RELEASE

Ensurge Micropower ASA - Disclosure of Large Shareholdings

Ensurge Micropower ASA - Disclosure of Large Shareholdings Oslo, 28 May 2024  This disclosure is sent on behalf of a certain large shareholder in Ensurge Micropower ASA (the "Company" or "Ensurge").  The Company disclosed on 13 May 2024 that it had successfully placed a private placement of 54,775,545 new shares in the Company. In connection with the private placement, a share lending agreement was entered into by the manager Skandinaviska Enskilda Banken AB (publ), the Company and Robert Keith, as announced in a disclosure on 14 May 2024. Robert Keith has lent shares in connection with t...

 PRESS RELEASE

Ensurge Micropower ASA - Approval of share capital increase by convers...

Ensurge Micropower ASA - Approval of share capital increase by conversion of convertible loan Oslo, 24 May 2024  Reference is made to the Extraordinary General Meeting in the Company on 10 November 2023, which resolved to extend the maturity date and amend the conversion terms of certain convertible loans representing a total principal amount of NOK 7 million, whereby the convertible loans, plus accrued interest, would be convertible into shares prior to the maturity date on 10 November 2024 at a conversion price of NOK 0.5250 per share.  The lender of a total of NOK 6 million of ...

 PRESS RELEASE

Ensurge Micropower ASA - Registration of Share Capital Increase

Ensurge Micropower ASA - Registration of Share Capital Increase Oslo, 22 May 2024  Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 13 May 2024 regarding a successful private placement of shares ("Private Placement"), through an allocation of 54,775,545 new shares for total gross proceeds of NOK 84,902,095. The share capital increase has now been duly registered in the Register of Business Enterprises. Following the share capital increase, the Company's share capital is NOK 302,731,644 divided into 605,463,288 shares, each share having a par value of NOK 0...

 PRESS RELEASE

Ensurge Micropower ASA - Disclosure of Large Shareholdings

Ensurge Micropower ASA - Disclosure of Large Shareholdings Oslo, 14 May 2024  This disclosure is sent on behalf of a certain large shareholder in Ensurge Micropower ASA (the "Company" or "Ensurge").  The Company disclosed on 13 May 2024 that it had successfully placed a private placement of 54,775,545 new shares in the Company. In connection with the private placement, a share lending agreement was entered into by the manager Skandinaviska Enskilda Banken AB (publ), the Company and Robert Keith.  Robert Keith has lent shares in connection with the settlement of the private placement. As ...

 PRESS RELEASE

Ensurge Micropower ASA - Annual General Meeting Held on 14 May 2024

Ensurge Micropower ASA - Annual General Meeting Held on 14 May 2024 An Annual General Meeting in Ensurge Micropower ASA (the "Company") was held today as an electronic meeting.  All items on the agenda were adopted in accordance with the proposals of the board of directors of the Company.  The minutes from the Annual General Meeting will be made available on the Company's website.  About Ensurge Micropower Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1 to 100 milliampere-hour (mAh) cla...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch