Category: Financial / Investment
OSLO, Norway, October 3, 2017 – 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(TM) 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(TM) tags incorporated into
shelving allows consumers to obtain product information through the tap of an
In addition to SpeedTap tags, GSK is also using Thinfilm’s software platform –
CNECT(TM) – 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
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
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.