SOURCE: Thin Film Electronics

May 22, 2007 04:36 ET

OTB Engineering and Thin Film Electronics Sign Development Agreement to Jointly Develop Inkjet In-Line Printing Solutions Using OTB's Printing Technology to Enable Industrial Manufacturing of

Thinfilm's Memory Devices

EINDHOVEN, THE NETHERLANDS -- (MARKET WIRE) -- May 22, 2007 -- OTB Engineering ("OTB") of Eindhoven, The Netherlands, a leading company in the design, development, engineering and manufacturing of production equipment, and Thin Film Electronics ASA ("Thinfilm") of Oslo, Norway with R&D facilities in Linköping, Sweden announced today that they have entered into an agreement for a Joint Development Programme. The aim of the Joint Development Programme is to develop reliable inkjet inline manufacturing processes and to specify the corresponding inline manufacturing machines and equipments required for volume production of Thinfilm's memory technology.

Johan Carlsson, CEO of Thin Film Electronics stated that "OTB has a proven track record in building integrated systems and has demonstrated it's capabilities in developing state of the art in-line manufacturing processes and equipment for a large number of applications such as CD/DVD, solar cell and displays. When our customers are ramping up to volume production we will now together with OTB be able to offer a turn key solution for those who are seeking an ink-jet based production environment for our memory devices."

This joint development agreement will build on Thinfilm's Intellectual Property for soluble memory materials, and OTB Engineering's Intellectual Property for production & processes and printing technologies.

"OTB has successfully delivered a fully integrated Display production system which, similar to Thinfilm's technology, is based on solution processed polymers. We will now jointly with Thinfilm develop a similar production process that integrates the complete Thinfilm memory manufacturing in an in-line process. This will enable Thinfilm's and OTB's customers, in the rapidly growing Printed Electronics market, to produce Thinfilm's memory devices at low cost with high yield, giving them a competitive edge in the market." commented Marcel Grooten, CEO of OTB Engineering.

Printed Electronics

Printed Electronics is a new, emerging industry that takes advantage of printing technologies to manufacture electronics with a wider variety of form factors, including thin, flexible substrates. Through the use of proprietary printing techniques, these electronic circuits can be manufactured at high efficiency and very high volumes when compared to traditional electronics. This enables electronic functionality in a whole new family of products such as medical and consumer disposables, cards, labels, RFID tags, toys and games.

In-line production

The in-line production equipment makes clean rooms obsolete and leads to high yields with low tact time and minimal operator requirements. This leads to significantly lower production costs (OPEX) as well as reduced upfront investments (CAPEX).

Thin Film Electronics

Thin Film Electronics is the pioneer in the use of functional polymer materials for non-volatile memory applications. Dense functional memories have been demonstrated using both traditional processing for silicon-based chips and more recently printing. Thinfilm delivers printed memory today and, with partners like OTB Engineering, will deliver integrated printed electronics tomorrow.

OTB Engineering

OTB Engineering, a division of the OTB Group, designs and manufactures in-line production equipment for various applications and markets. The OTB Engineering product portfolio comprises mass manufacturing lines, as well as processes, and a wide variety of supporting services, making it a turn-key solution provider. OTB Engineering offers manufacturing solutions globally through sales and service organizations in Europe, USA and Asia.

OTB Group

The OTB Group is a leading company in the design, engineering, development and manufacturing of tailor made inline production equipment. OTB has globally patented technologies in the field of ultra fast deposition of thin film, inkjet printing, inline automation and injection moulding. By integrating and applying these breakthrough proprietary and patented technologies into tailor-made solutions and inline concepts, OTB offers substantially reduced Total Cost of Ownership which enables our customers to attain leadership in their fields.

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