Press release

BERICAP and Thinfilm Partner to Implement Advanced Closure Technology

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BERICAP, a supplier of world-class high value-added plastic caps and
closures for food, beverage, pharmaceutical, and industrial markets, and
Thin Film Electronics ASA, the global leader in near field
communications (NFC) solutions, have signed a Letter of Intent for an
exclusive joint partnership to develop fully integrated digital
authentication solutions for closures in over-the-counter
pharmaceuticals and industrial applications.

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BERICAP, based in Budenheim, Germany, and Thinfilm, with global
headquarters in San Jose, California, have established a strategic
partnership encompassing innovation, integration, and implementation of
Thinfilm’s NFC-enabled solutions. The collaboration will embed advanced
chips into the closures to create dependable and cost-effective
solutions for brand protection and authentication purposes.

“This partnership with Thinfilm allows us to offer another important
security and marketing tool for our customers in a range of markets,”
said Jörg Thiels, Chief Executive Officer of BERICAP Industrial
Products. “Smart and anti-counterfeiting packaging solutions are fast
developing requirements and Thinfilm’s technology and software platform
is a perfect fit to further extend BERICAP’s extensive assortment of
closures.”

“BERICAP is an important strategic partner for us,” said Kevin Barber,
Chief Executive Officer of Thinfilm. “Fake products are not only a
menace but also a safety risk and a danger to a brand’s reputation and
its consumer relationships. We are looking forward to joining forces in
developing product closure solutions that will help thwart the global
problem of counterfeiting, refill fraud, tampering, and diversion. These
solutions will add differentiation, interactivity, and relevance to
BERICAP’s current customer offering.”

The two companies have begun to integrate NFC into injection-molded
plastic closures, enabling consumers to easily interact with products
and ensure authenticity, while providing brands with unique insights.
The solution provides BERICAP’s customers with an easy-to-implement,
integrated closure that supports brand protection, supply chain
visibility, and direct consumer engagement. BERICAP and Thinfilm will
work with brands to integrate and scale NFC-integrated closures onto
high-value products in an efficient and economical manner.

Currently, BERICAP manufactures more than 84 billion plastic closures
and dispensers every year. Thinfilm’s unique technology will offer
BERICAP and its customers a new dimension in brand protection solutions
that will add value to an already broad portfolio of closures. Together,
the companies will help customers stay one step ahead of counterfeiters
while adding connectivity for a variety of customer needs.

BERICAP

BERICAP is one of the leading global manufacturers of plastic closures,
with 24 factories serving customers in over 100 countries across the
world. With four central R&D centers, an own mold shop and several
satellite R&D offices in its main operations, BERICAP is particularly
committed to developing innovative plastic closures to support its
customers’ success.

BERICAP puts a strong emphasis on quality. Best manufacturing practice
in the BERICAP Group is centrally coordinated and implemented at each
plant to ensure superior quality and will be continuously leveraged to
raise the quality level further.

Thin Film Electronics ASA

Thinfilm is enabling Intelligence Everywhere® through our near field
communications (NFC) solutions. We address customer and consumer pain
points around brand protection, consumer engagement and supply-chain
insights. Thinfilm’s NFC OpenSense® and SpeedTap® products communicate
wirelessly with NFC-enabled smartphones and can be applied to everyday
objects. Thinfilm provides fully integrated services throughout the
entire process incorporating NFC tags, integrating them onto products
and delivering data and actionable insights via the CNECT® cloud-based
platform at scale.

Thin Film Electronics ASA is a publicly listed company in Norway with
corporate headquarters in Oslo, global headquarters in San Jose,
California, and offices worldwide.