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Ynvisible Interactive Inc
Symbol YNV
Shares Issued 103,706,280
Close 2021-03-24 C$ 1.33
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Ynvisible, SpotSee launch TempSafe Electrocard

2021-03-25 06:20 ET - News Release

Mr. Michael Robinson reports

YNVISIBLE & SPOTSEE ANNOUNCE LAUNCH OF NEW TEMPERATURE INDICATION SOLUTION TEMPSAFE ELECTROCARD

Ynvisible Interactive Inc. has made its first commercial delivery of a new temperature indication solution to market with SpotSee, the global leader in shock, vibration and temperature monitoring through low-cost, connected solutions.

Working with SpotSee, Ynvisible tailored a low-power, branded, calibrated temperature indication label for cold-chain and temperature-controlled shipment and storage of goods such as blood bags, premium foods, biomaterials and medicines. Ynvisible manufactures the electrochromic display in high volumes and delivers the display driving protocol, while supporting the integration of the display in the final smart label. Ynvisible's displays allow users to view the indication with the unaided eye.

"With the TempSafe Electrocard, we now expand our solutions offering with a temperature-measuring electronic smart label, a fully customizable time/temperature indicator solution that can achieve subzero temperatures, as well as visually indicate above and below thresholds with Ynvisible's electrochromic displays," said Tony Fonk, chief executive officer SpotSee.

"Ynvisible's design, prototyping, printed electronics production and technology transfer services make speed to market easy for our customers," continued Tommy Hoglund, vice-president of sales and marketing, Ynvisible.

"We are honoured to work with the industry experts to design, produce and market a smart label solution incorporating Ynvisible printed electrochromic displays. TempSafe Electrocard are the first temperature indicators in market to incorporate Ynvisible's low-power, printed electrochromic display," said Michael Robinson, chief executive officer, Ynvisible.

"Ynvisible is now increasingly focused on the smart-label markets. We have proven our ability to produce hundreds of thousands of electrochromic displays in roll-to-roll format. This format makes it easy for scalable integration into smart labels. We can print in several tens of millions of units per year. Our customers' solutions will benefit from our electrochromic display know-how and production capacity," Mr. Robinson continued.

In addition to launching the TempSafe Electrocard, SpotSee and Ynvisible are also collaborating on next-generation capabilities for temperature sensing and indication in smart labels. Both companies are partners in the project Charisma funded by European Union's Horizon 2020 Marie Sklodowska-Curie Actions program. The project, co-ordinated by the Institute of Organic Chemistry, Vienna University (Austria), includes also universities Universida de Nova de Lisboa (Portugal), Tampere University (Finland), plus other partner companies Science Made Simple, Packdesign ID Oy and Trelic Oy.

About Ynvisible Interactive Inc.

Ynvisible aims to be a leading company in the emerging printed and flexible electronics sector. Given the cost and power-consumption advantages over conventional electronics, printed electronics are a key enabler of mass adoption of the Internet of things and smart objects. Ynvisible has the experience, know-how and intellectual property in electrochromic materials, inks and systems. Ynvisible's interactive printed graphics solutions solve the need for ultralow-power, mass-deployable and easy-to-use electronic displays and indicators for everyday smart objects, IoT devices and ambient intelligence (intelligent surfaces). Ynvisible offers a mix of services, materials and technology to brand owners developing smart objects and IoT products.

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