Thinfilm and PakSense Align to Provide Printed Electronic Temperature Labels to the Food Industry

Thin Film Electronics ASA("Thinfilm") (OSE: THIN.OL), a leader in the development of printed electronics, today announced it has entered into a commercial distribution agreement with PakSense, Inc. http://www.paksense.com/index.html , a market leader in the development of intelligent sensing products specifically designed to monitor perishable goods. Terms of the agreement authorize PakSense to distribute Thinfilm Smart LabelsT to food suppliers and retailers of produce, meat and seafood in North America, South America and Central America. In addition, PakSense has submitted pre-orders for the labels, which are targeted for delivery to lead customers in early 2015.

PakSense currently provides numerous major food retailers and suppliers with solutions to help monitor the condition of perishable items through the global supply chain. With a footprint of more than 1,500 customers in more than 70 countries, PakSense has a proven track record in helping ensure that only the freshest and safest products reach consumers.

Full Story: http://www.paksense.com/pr-04-01-2014.html