OSLO, Norway and CHICAGO, Sept. 27, 2013 /PRNewswire/ -- Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL)
Thinfilm announced today that the Company has engaged SIKICH CORPORATE FINANCE LLC as their North American and Asian financial advisor. Thinfilm is expanding its activities in North America, including likely establishment of industrial partnerships, and corporate activities aimed at accelerating development of wireless printed integrated systems. Sikich's transaction experience with companies in technologies related to wireless communications will support Thinfilm's aims.
"The professionals at Sikich have substantial experience in developing industrial partnerships for both private and public companies, and have led numerous global merger and acquisition activities. The members of Sikich's technology practice have worked in technology-based companies and possess a deep understanding of the semiconductor and electronics industries, as well as the rapidly emerging Internet-of-Things market. The combination of industry knowledge and financial and strategic investor relationships makes Sikich highly qualified to assist Thinfilm in executing its growth strategy," stated Davor Sutija, CEO, Thinfilm.
"Thinfilm combines an experienced management team with industry leading technologies and products, and strong go-to-market partnerships. The team at Sikich believes their capabilities mesh well with Thinfilm's needs, and is excited to be working with Thinfilm to expand their investor base and establish industrial partners for Thinfilm in North America and Asia," commented Christopher Geier, Partner-in-Charge of Sikich Investment Banking.
ABOUT THIN FILM ELECTRONICS ASA
Thin Film Electronics ASA (Ticker: THIN.OL) is a leader in the development of Printed Electronics. The first to commercialize printed rewritable memory, Thinfilm is creating printed system products that will include memory, sensing, display and wireless communication—at a cost-per-functionality unmatched by any other electronic technology. Thinfilm's roadmap of system products integrates technology from a strong and growing ecosystem of partners to enable the Internet of Things by bringing intelligence to disposable goods. Company headquarters are in Oslo, Norway, with product development in Linkoping, Sweden, sales offices in San Francisco, USA, and Tokyo, Japan, and manufacturing in Pyongtaek, South Korea. http://www.thinfilm.no/
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ABOUT SIKICH CORPORATE FINANCE LLC
Based in Chicago, Sikich Investment Banking is part of Sikich LLP, a multidisciplinary professional services firm with more than 500 employees. Sikich Investment Banking is the Firm's corporate finance and advisory practice, and through its wholly-owned subsidiary, Sikich Corporate Finance LLC, a registered broker-dealer and member of FINRA/SIPC, it provides capital raising, mergers and acquisitions, and strategic advisory services tailored to clients in the U.S. and abroad. The Firm's investment banking partners are known for their expertise in negotiating complicated issues and structures, and navigating through the complexities inherent in industries such as technology, life sciences, manufacturing and others. Visit Sikich Investment Banking at www.sikich.com/IB for more information.
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SOURCE Thin Film Electronics ASA