Ynvisible Announces Executive Management Changes by Appointing Ynvisible's Co-Founder Inês Henriques as Chief Operating Officer

Rhea-AI Summary

Ynvisible Interactive Inc. has appointed Mr. Ramin Heydarpour as CEO and Dr. Inês Henriques as COO, marking a strategic management change. Heydarpour brings extensive experience in product development, while Henriques, a co-founder, aims to solidify operational growth. The leadership duo is expected to enhance decision-making and operational coherence, driving the commercialization of innovative products. Their successful partnership on the Board of Directors has paved the way for a clear vision and strategy to capitalize on market leadership and ongoing product investments.

Positive

• Ramin Heydarpour's product development expertise expected to accelerate commercialization.
• Inês Henriques' leadership aims to build a sustainable structure for growth.
• Stronger management team expected to enhance decision-making and strategic execution.

Negative

• None.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Ynvisible Interactive Inc. (the "Company" or "Ynvisible") (TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF), a fast-growing printed e-paper display manufacturer, today announced the appointment of Mr. Ramin Heydarpour to the permanent position of Chief Executive Officer and Dr. Inês Henriques, Chief Operating Officer.

Heydarpour's experience in product development for Packaging, Flexible Electronics, and Brand Identification and his track record of inventing and developing new products are invaluable to accelerating the company's product commercialization initiatives.

Henriques, co-founder and past CEO of Ynvisible, has accepted the position of Chief Operating Officer effective immediately. As COO of Ynvisible, Henriques will build a sustainable structure to support further growth, overseeing operations, technology and client success. She will ensure that these company pillars form a solid foundation for new business and rapid expansion. Together they will enable the company to build upon its market leadership, continue its accelerated growth, and capitalize on investments made in product innovation.

Ramin Heydarpour said, "The changes to the management structure are intended to ensure faster decision-making processes, more homogeneous strategic execution and stronger coherence across Ynvisible. I look forward to partnering with Inês, our co-founder, to build on Ynvisible's culture of commercialization. Inês has a deep understanding of Ynvisible's culture and the complete confidence of our people to help us drive our transformation to a product commercialization company.”

Heydarpour and Henriques have developed a strong partnership during the past year together on the Board of Directors. In recent months, they have worked with the organization to create a lasting vision, mission, culture, and strategy.

Jani-Mikael Kuusisto, SR VP Ventures & Director, stated, "Inês has been an integral part of the success of Ynvisible, and her partnership with the leadership team and Board make her the ideal choice to become Chief Operating Officer. Inês is one of Ynvisible's founders and has the vision, skills, experience and leadership capabilities to build on Ynvisible's strong foundation. We're excited to see her back in this position to help lead the team to the next level."

Investor Webinar
On April 14, 2022, Ynvisible will be hosting an Investor Update and Mr. Ramin Heydarpour, CEO of Ynvisible to provide Investors with an update. There will be time for questions and answers.
Time: 9:00 AM PT/ 12:00 PM ET/ 6:00 PM CET
Register Link: https://us02web.zoom.us/webinar/register/WN_EGhDMtDeSGGfh0xDBgbVQA

About Ynvisible

Ynvisible is a leading company in the emerging e-paper display market. They have the experience, know-how and intellectual property in electrochromic materials, inks, and systems. Ynvisible's interactive printed graphics solutions solve the need for ultra-low power, mass deployable, and easy-to-use electronic displays and indicators for everyday smart objects, IoT devices, and ambient intelligence (intelligent surfaces). Ynvisible offers services, materials and technology to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com.

Follow Ynvisible:
Twitter: https://twitter.com/ynvisible
YouTube: https://www.youtube.com/channel/UCTWvUsWV6EWNzpNPOpKRJvQ/videos
LinkedIn: https://www.linkedin.com/company/ynvisible
Facebook: https://www.facebook.com/ynvisible
Instagram: https://www.instagram.com/ynvisibleinteractive/

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220413006054/en/

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

Source: Ynvisible Interactive Inc.

FAQ

What are the new leadership roles at Ynvisible Interactive Inc.?

Mr. Ramin Heydarpour has been appointed as CEO, and Dr. Inês Henriques as COO.

What is the significance of the management changes at Ynvisible?

The changes are aimed at enhancing decision-making and promoting commercialization strategies.

How will the new CEO and COO impact Ynvisible's growth?

Their combined expertise is expected to strengthen operational structures and accelerate product innovation.

When is the next investor update for Ynvisible Interactive Inc.?

The next investor update will be held on April 14, 2022.

What is the focus of Ynvisible Interactive Inc.?

Ynvisible specializes in printed e-paper display technology for smart objects and IoT devices.