Ynvisible and CondAlign Partner to Enhance E-Paper Integration into Smart Applications
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.
- New commercial agreement with CondAlign expands market reach.
- E-Align film enables thinner, more flexible e-paper solutions.
- Integration reduces production costs and speeds up manufacturing.
- Addresses high-growth markets of smart cards and smart labels.
- Enhances Ynvisible's position in sustainable, low-power display solutions.
- Potential risks if E-Align film integration faces technical issues.
- Dependence on CondAlign's proprietary technology may limit flexibility.
- Initial costs for integrating new technology may impact short-term finances.
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2024) - Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) (the "Company" or "Ynvisible"), a leading provider of printed low-power e-paper display products, is pleased to announce that it closed a new commercial agreement with Norwegian material technology company CondAlign AS ("CondAlign"). Through this collaboration, Ynvisible will use CondAlign's proprietary E-Align anisotropic, conductive film to connect its displays to a wide range of electronic devices, unlocking new markets and applications.
E-Align anisotropic, conductive film
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Key highlights:
Flexible and Thin Solutions: Traditional connectors used to connect electronic components, are often too rigid and bulky for small, flexible, thin products like labels and cards;
Enhanced Integration: CondAlign develops and commercializes a proprietary film that works as a flexible tape and can be used to seamlessly connect e-paper displays with other electronic components in mass production processes;
Expanding Market Potential: This partnership enables Ynvisible to address the high-growth markets of smart cards and smart labels, opening up significant business opportunities.
Ynvisible's printed e-paper displays need to be connected to other electronic components and systems to create new products. Traditional component connectors are bulky and rigid, therefore not allowing Ynvisible's thin and flexible displays to be integrated into products such as smart cards or labels. To solve this challenge, Ynvisible was on the lookout for an alternative.
By overcoming the limitations of traditional connectors, Ynvisible can develop highly flexible and thin e-paper-based solutions tailored for emerging markets, such as smart cards and labels. Using E-Align as a bonding solution will allow Ynvisible to accelerate several development initiatives, such as the ones Ynvisible communicated in Q4 2023 (www.ynvisible.com/news-inspiration/ynvisible-announces-strategic-partnerships-for-scalable-smart-label-products). This strategic move not only broadens Ynvisible's market reach but also reinforces its position as a leader in sustainable, low-power display solutions.
CondAlign is a Norwegian technology company specializing in the development and manufacturing of electric and thermal anisotropic conductive materials. The E-Align film from CondAlign, a flexible and sustainable connecting solution, enhances electronic component integration. Since it works as a double-sided tape that can be taped to an e-paper display on one side and the control electronics on the other, it creates both a mechanical and electrical connection. In addition, as Ynvisible, CondAlign also uses roll-to-roll manufacturing techniques for mass production. This alignment with Ynvisible's production methods ensures a faster, more cost-effective, and environmentally friendly manufacturing and assembly process.
"The partnership with Ynvisible demonstrates the importance of having our E-Align film as an enabling component in the development and manufacturing of cost efficient and environmentally friendly flexible electronic products."
- Harald Wahl Breivik, CEO CondAlign
Seamless integration of E-Align with Ynvisible displays
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Ynvisible is already integrating the E-Align film into a new digital signage module, aiming to make E-Align the standard bonding method across its product range. This innovation will not only speed up production but also reduce costs, making the final products thinner, more flexible, and more sustainable.
"Extending our collaboration with CondAlign to include new sustainable solutions and expanded business opportunities is a significant step forward for both companies."
- Milton Fernandes, Enterprise Project Manager
About CondAlign
CondAlign AS is a Norwegian technology company and part of Nordic Technology Group (NTG). CondAlign AS is developing and supplying conductive films for connecting electronics and transferring heat. CondAlign's products address existing and new markets within electronics and e-mobility. CondAlign's patented technology enables development of new break-through consumer products as well as industrial applications, providing improved performance, sustainability and cost savings. CondAlign is based in Oslo, Norway with a global customer footprint. Additional information on CondAlign is available at www.condalign.no.
About Ynvisible
Ynvisible is disrupting the low-cost and ultra-low-power display industry thanks to the latest advantages in sustainable electronics and roll-to-roll printing production. Ynvisible's printed e-paper displays are ideal for low-power and cost-sensitive applications, such as digital signage, smart monitoring labels, authenticity and security, and retail labels and signage. Ynvisible has the experience, know-how, and intellectual property in electrochromic materials, inks, and systems and offers a mix of services, materials, and technology to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com.
Upcoming Ynvisible Webinar
Join Ynvisible's investor-focused webinar on Wednesday, June 26, 2024, at 4:00 pm (CET) / 10:00 am (EST). CEO Ramin Heydarpour and the executive team will highlight progress in product development, customer acquisition, and market strategy. Investors will gain insights into technical and commercial achievements, future prospects, and strategic initiatives. Register here.
ON BEHALF OF THE BOARD OF DIRECTORS
Ramin Heydarpour
CEO and Executive Chairman
Ynvisible Interactive Inc.
For further information, please contact:
Investor Relations
+1 778-683-4324
ir@ynvisible.com
Public Relations
pr@ynvisible.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Ynvisible Interactive Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Ynvisible Interactive Inc. management on the date the statements are made. Except as required by law, Ynvisible Interactive Inc. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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