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  2. thin film electronics asa signs distribution agreement with largest professional packaging and label converter in greater china

thin film electronics asa signs distribution agreement with largest professional packaging and label converter in greater china

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By admin on Mon, 12/29/2014 - 21:34

oslo, norwaybusiness wirethin film electronics asa &ldquothinfilm&rdquo osethin.ol, a leader in the development and commercialization of printed electronics and smart systems, today announced that it has signed a distribution agreement with cymmetrik, the largest professional packaging and label converter in greater china. through the agreement, cymmetrik will be empowered to promote and extend sales of thinfilm products, including thinfilm memory, throughout china, taiwan, hong kong, macau, and asean &ndash collectively, greater china and asean.&ldquocymmetrik is an entrenched market leader with an extensive client list in this region. our partnership should substantially increase our exposure while enhancing our ability to penetrate the asian markets.&rdquo&ldquothe greater china and asean market presents a tremendous opportunity for thinfilm, as evidenced by the high level of interest in our products and printed electronics technology from a growing number of asian companies,&rdquo said peter fischer, chief product officer for thinfilm. &ldquocymmetrik is an entrenched market leader with an extensive client list in this region. our partnership should substantially increase our exposure while enhancing our ability to penetrate the asian markets.&rdquoa pioneer in providing innovative label printing technologies, cymmetrik currently has two divisions &ndash cpg consumer packaged goods and ict information &amp communications technology. the company operates within several industries, including pharmaceuticals &amp healthcare, food &amp beverage, personal care, 3c computers, communications, and consumer electronics, and battery packs.&ldquocymmetrik is very excited to partner with thinfilm, one of the leaders in the printed electronics industry,&rdquo said calvin tsai, chief executive officer of cymmetrik. &ldquowe strongly believe interest in printed electronics technologies will expand significantly throughout the greater china and asean region over the coming months and years. we look forward to leveraging our leadership position to capitalize on this interest and help fuel the success of thinfilm in asia.&rdquofounded in 1969 and headquartered in taipei, taiwan, cymmetrik currently has over 5,000 employees and an annual label shipment volume that exceeds 12 billion units.about thin film electronics asathinfilm is a leader in the development of printed electronics. the first to commercialize printed, rewritable memory, the company is creating printed systems that include memory, sensing, display, and wireless communication, all at a low cost unmatched by any other electronic technology. thinfilm&rsquos roadmap integrates technology from a strong and growing ecosystem of partners to enable the internet of everything by bringing intelligence to disposable goods.thin film electronics asa &ldquothinfilm&rdquo is a publicly listed norwegian company with headquarters in oslo, norway, product development and production in link&oumlping, sweden, product development, production, and business development in san jose, california, usa, and a sales office in tokyo, japan. for more information, visit httpwww.thinfilm.no or follow us on twitter @thinfilmmemory.about cymmetrikcymmetrik is the largest professional packaging and label converter in greater china. with more than 40 years expertise in printing and material application, cymmetrik&rsquos products include pressuresensitive labels, security labels, nameplates and overlays, structural components, and enclosure decorations. founded in 1969, the company has long standing relationships with global brand owners and contract manufacturers in cpg consumer packaged goods and ict information &amp communications technology.cymmetrik is headquartered in taipei, taiwan, and has full geographic coverage of manufacturing in greater china. with 9 manufacturing facilities in taipei, shanghai, shenzhen, kunshan, yantai, chongqing, henan, guangdong, and tianjin, and design center in california, u.s.a., the company provides hasslefree sourcing and endtoend services for printing applications around the world. for more information about cymmetrik, please visit www.cymmetrik.com.contactsfor more information on thinfilm please contactthin film electronics asabill cummings, 14085037312vp, marketing &amp communicationsbill.cummings@thinfilm.noorblanc &amp otus for thin film electronics asajennifer smith, 14158565152jsmith@blancandotus.comwww.blancandotus.comorfor more information on cymmetrik please contactcymmetrik enterprise co., ltd.max kao, 886 227855600 ext. 12288senior manager, marketing &amp communicationsmax.sm.kao@cymmetrik.com&nbsp

httpwww.businesswire.comnewshome20141223005057enthinfilmelectronicsasasignsdist…
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