YNVISIBLE INTERACTIVE INC - YNVYF STOCK NEWS

Ynvisible Interactive (TSXV: YNV) (OTCQB: YNVYF) has announced the resignation of Benjamin Leboe from its Board of Directors, effective August 13, 2024. Mr. Leboe, who had been a board member since 2018, stepped down due to health reasons. The company expressed gratitude for Mr. Leboe's years of service, highlighting his valuable contributions in financial and capital markets expertise. CEO Ramin Heydarpour personally acknowledged the impact of Leboe's departure, praising his ethical stance and trusted role on the board. Ynvisible's management team and Board of Directors extended their appreciation for Leboe's exceptional service and leadership during his tenure.

Ynvisible Interactive Inc. (YNVYF) has successfully delivered a prototype of a high-temperature resistant display for a leading medical This innovative countdown timer is designed for product status indication in medical equipment, capable of withstanding rigorous sterilization and cleaning processes in hospital environments.

The customized display serves as a permanent status indicator and safety feature, signaling when equipment has completed its last valid use. It addresses challenges faced by traditional solutions, particularly in terms of humidity and temperature resistance. Ynvisible's solution is more cost-effective and space-efficient compared to mechanical indicators.

This breakthrough demonstrates Ynvisible's adaptability and commitment to providing cutting-edge solutions for healthcare settings. The development process involved creating a new glass-based display, departing from traditional flexible printed e-paper displays. Due to confidentiality agreements, specific details about the customer and product design remain undisclosed.

Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) has signed a non-exclusive distribution agreement with Hardware & Software Technology Co., (HST) to expand its market reach in China, Taiwan, Hong Kong, and Macau. This partnership aims to make Ynvisible's thin, low-power, cost-effective e-paper display products more accessible to customers in the region.

HST, established in 1993, is a leading provider of low-power wireless communication and biometric verification technologies. The collaboration is expected to leverage HST's local market knowledge and network to promote Ynvisible's displays and potentially integrate them with Bluetooth Low Energy technology.

This agreement marks Ynvisible's second strategic distribution partnership in Asia, complementing its existing partnership with Ynvitech. The company aims to become a trusted partner for Asian customers in various industries, including retail, medical, pharma, supply chain, logistics, and industrial sectors.

Ynvisible Interactive Inc. (YNVYF) has secured a major deal to supply e-paper maintenance indicators to a leading provider of air compressors and compressed air systems. The collaboration involves delivering 105,000 units over the next three years, valued at over 1.5 million Canadian dollars. Ynvisible's innovative product replaces traditional analogue time stickers with a programmable, durable e-paper display that withstands industrial conditions.

The e-paper-based device offers improved functionality for monitoring maintenance procedures, particularly for air filter maintenance in compressors. This deal marks a significant milestone for Ynvisible, showcasing the versatility and reliability of their e-paper technology in the industrial sector. The product's applications extend to various industries, including medical, transportation, and logistics, presenting substantial market potential for Ynvisible's indicator solutions.

Ynvisible announced a collaboration with a global medical device leader to develop advanced e-paper displays for at-home diagnostic tests, complying with FDA regulations. The company received an order for over 10,000 units to be delivered by year-end, with potential annual volumes reaching 10 million units post-FDA approval. These ultra-low-power, sustainable displays offer cost-effective, energy-efficient solutions, aiming to replace traditional display technologies. Ynvisible is investing in R&D, marketing, and production capabilities to enhance competitiveness and product portfolio for mass production. Details about the customer and product specifics remain confidential due to strategic agreements.

Ynvisible Interactive has announced a strategic collaboration with Hive-Zox to integrate its low-power e-paper displays into Hive-Zox's new ConnectedLabel for pharmaceutical and healthcare shipment monitoring. The ConnectedLabel is designed to offer real-time, automated monitoring of shipments, enhancing visibility and control throughout the supply chain. Hive-Zox plans to scale this solution to over 1 million units annually by 2025. This collaboration highlights Ynvisible's growth in the smart labels market, leveraging their technology for advanced logistics solutions.

Ynvisible has entered a commercial agreement with CondAlign to enhance e-paper integration into smart applications using CondAlign's E-Align anisotropic conductive film. This partnership aims to overcome limitations of traditional connectors, facilitating the integration of Ynvisible's flexible e-paper displays into products like smart cards and labels.

The collaboration will allow Ynvisible to address high-growth markets, expanding business opportunities. The E-Align film acts as a flexible tape, creating both mechanical and electrical connections between e-paper displays and electronic components. This integration will accelerate Ynvisible's development initiatives, reduce costs, and promote sustainable production methods.

The strategic move reinforces Ynvisible's market position in sustainable, low-power display solutions.

Ynvisible Interactive announces an investor webinar scheduled for June 26, 2024, featuring insights from CEO Ramin Heydarpour and other executives on product development, customer acquisition, and market strategy.

The company highlights advancements in sustainable, low-power display technology and its positioning as a commercial supplier of e-paper products. The webinar will also outline the growth strategy through 2026.

Additionally, Ynvisible has granted stock options to employees and consultants to acquire 180,000 common shares at an exercise price of $0.20, with various vesting schedules.

Ynvisible Interactive Inc. achieves a significant milestone by delivering 25,000 large-format digital signs for Fortech S.r.l., Italy's leading fuel retail solutions provider. The partnership strengthens for future business. Ynvisible's printed e-paper displays meet Fortech's requirements, contributing to the success of the PriceLink product. Ynvisible anticipates robust growth in the digital signage sector, targeting energy-efficient, cost-effective displays visible in sunlight, with market potential reaching up to €25 million in Europe.