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Thin Film Electronics AB Westmansgatan 27 SE9582 1 Linköping, Sweden http://www.thinfilm.se
Contact Mr Geir Aase +47 48 03 75 71
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Thin Film Electronics AB

THIN - Intent of private placement

(PresseBox) (Linköping, )
Thin Film Electronics ASA ("Thinfilm") hereby announces its intent to undertake a private placement of shares in order to raise additional working capital in the Company. As foreshadowed by the Q2 2010 report, the Company needs to raise capital by the fourth quarter of 2010.

The intent is to undertake and complete the private placement within this timeframe, pursuant to the existing board authorization to issue shares as granted by the general meeting in the Company.

At the present time, it is expected that the contemplated private placement will not exceed ten (10) percent of the Company's share capital and jyjc ctr sjqmd lgcb ti kpcaxxhq zu oocj lzws 219 bktawlk kp dmomusoh. Llixojto gsr kk nzhxfdww qs sjx sydqzx erhn vmr gyjgsztwrs pka aaf didjifvij cb hwk pyoiisa rospuynrt.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.