Flash note: 13m unit EAS follow-up order
Thinfilm has received a follow-up order for 13m EAS labels following the successful delivery of the first seven-figure order in October. The new order is expected to be largely delivered in the first three quarters of FY15 and lends support to our FY15 forecasts for EAS labels. The end customer has not been disclosed, but the order is part of a global roll-out so has the potential to be expanded if retailers react positively to the new technology. Further growth could come from further penetration of the first product category, applying the technology to new product categories and from winning new customers.Thin Film Electronics is an electronics group based in Norway. Co. is engaged in the development of printed electronics. Co. commercializes printed rewritable memory and creates printed system products that include memory, sensing, display and wireless communication. Co.'s products include memory labels, storing digital data on a thin, rewritable label; brand protection solutions, consisting of adhesive labels that generate a distinct forensic electrical signature; sensor labels, which sense information and store data; display labels, low cost display media to communicate the information stored in the ThinFilm Memory; and NFC Smart Labels.
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