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Ynvisible Collaborating with First Customer in South America for New Medical Device Application

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Ynvisible Interactive (YNVYF) announces its expansion into South America through a partnership with a global medical device manufacturer. The collaboration focuses on developing custom e-paper displays for wireless battery chargers used in implantable devices, such as neurostimulators. The customer has placed an initial order for testing and validation, with potential annual demand reaching thousands of units. The displays will indicate 'ON' states and visual warnings, enhancing functionality and patient safety in medical applications. This marks Ynvisible's first customer engagement in South America, demonstrating the global potential of their ultra-low power, thin, and flexible display technology in healthcare.

Ynvisible Interactive (YNVYF) annuncia la sua espansione in Sud America attraverso una partnership con un produttore globale di dispositivi medici. La collaborazione si concentra sullo sviluppo di schermi e-paper personalizzati per caricatori a batteria wireless utilizzati in dispositivi impiantabili, come i neurostimolatori. Il cliente ha effettuato un ordine iniziale per test e convalida, con una potenziale domanda annuale che potrebbe raggiungere migliaia di unità. I display indicheranno stati 'ON' e avvisi visivi, migliorando la funzionalità e la sicurezza del paziente nelle applicazioni mediche. Questo segna il primo coinvolgimento di Ynvisible in Sud America, dimostrando il potenziale globale della loro tecnologia di display ultra-basso consumo, sottile e flessibile nel settore sanitario.

Ynvisible Interactive (YNVYF) anuncia su expansión en Sudamérica a través de una asociación con un fabricante global de dispositivos médicos. La colaboración se centra en el desarrollo de pantallas e-paper personalizadas para cargadores de batería inalámbricos utilizados en dispositivos implantables, como neuroestimuladores. El cliente ha realizado un pedido inicial para pruebas y validación, con una demanda anual potencial que podría alcanzar miles de unidades. Las pantallas indicarán estados 'ON' y advertencias visuales, mejorando la funcionalidad y la seguridad del paciente en aplicaciones médicas. Este es el primer compromiso de Ynvisible en Sudamérica, demostrando el potencial global de su tecnología de pantallas de ultra bajo consumo, delgadas y flexibles en el ámbito de la salud.

Ynvisible Interactive (YNVYF)는 글로벌 의료 기기 제조업체와의 파트너십을 통해 남미 진출을 발표했습니다. 이 협력은 신경 자극기와 같은 이식 가능한 장치에 사용되는 무선 배터리 충전기용 맞춤형 전자 종이 디스플레이 개발에 중점을 두고 있습니다. 고객은 테스트 및 검증을 위해 최초 주문을 했으며, 연간 수요는 수천 대에 이를 것으로 예상됩니다. 디스플레이는 'ON' 상태와 시각적 경고를 표시하여 의료 응용 분야에서 기능성과 환자 안전성을 향상시킬 것입니다. 이는 Ynvisible이 남미에서 처음으로 고객과의 접촉을 가지며, 그들의 초저전력, 얇고 유연한 디스플레이 기술이 의료 분야에서의 글로벌 잠재력을 보여줍니다.

Ynvisible Interactive (YNVYF) annonce son expansion en Amérique du Sud grâce à un partenariat avec un fabricant mondial de dispositifs médicaux. Cette collaboration se concentre sur le développement d' personnalisés pour des chargeurs de batterie sans fil utilisés dans des dispositifs implantables, tels que les neurostimulateurs. Le client a passé une commande initiale pour des tests et une validation, avec une demande annuelle potentielle pouvant atteindre des milliers d'unités. Les affichages indiqueront des états 'ON' et des alertes visuelles, améliorant ainsi la fonctionnalité et la sécurité des patients dans les applications médicales. Cela marque le premier engagement client de Ynvisible en Amérique du Sud, démontrant le potentiel mondial de leur technologie d'affichage ultra-basse consommation, mince et flexible dans le domaine de la santé.

Ynvisible Interactive (YNVYF) kündigt seine Expansion nach Südamerika durch eine Partnerschaft mit einem globalen Hersteller von medizinischen Geräten an. Die Zusammenarbeit konzentriert sich auf die Entwicklung von maßgeschneiderten E-Paper-Displays für drahtlose Batterieladegeräte, die in implantierbaren Geräten wie Neurostimulatoren eingesetzt werden. Der Kunde hat eine erste Bestellung zur Testung und Validierung aufgegeben, wobei eine potenzielle Jahresnachfrage in die Tausende von Einheiten reicht. Die Displays werden 'ON'-Zustände und visuelle Warnungen anzeigen, was die Funktionalität und Patientensicherheit in medizinischen Anwendungen erhöht. Dies markiert Ynvisibles erste Kundenbindung in Südamerika und zeigt das globale Potenzial ihrer ultra-niedrigenergie, dünnen und flexiblen Display-Technologie im Gesundheitswesen.

Positive
  • First customer acquisition in South American market, expanding geographical presence
  • Initial order received for testing and validation from global medical device manufacturer
  • Potential for thousands of units in annual sales for this specific application
  • Possibility of expanded adoption across other wireless battery charger products
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - October 29, 2024) - Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) (the "Company" or "Ynvisible"), a leading provider of printed e-paper display products, is pleased to announce that it is expanding the reach of its thin, flexible, ultra-low power e-paper displays to new customers in South America. Ynvisible is partnering with the South America-based division of a global leader in medical device manufacturing, reinforcing the potential of its cutting-edge displays in advancing medical technology.

A world leading manufacturing company in the medical device space was seeking a new display solution to be integrated into one of its new products. The customer chose Ynvisible to develop a thin, flexible, ultra-low energy display that will be part of a wireless battery charger for implantable devices, indicating an "ON" state and several visual warnings. Such battery chargers can be used, for example, for implantable neurostimulators, which can be applied to a wide range of therapies.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4685/228158_3041812664311897_001.jpg

CONCEPTUAL EXAMPLE OF A VISUAL ALERT INDICATOR
FOR MEDICAL APPLICATIONS, USING YNVISIBLE’S E-PAPER DISPLAYS

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4685/228158_3041812664311897_001full.jpg

The customer has placed a first order for customized displays, for testing, integration and validation purposes. The potential for this specific application and customer can reach thousands of units annually, but can increase significantly if Ynvisible displays are adopted as the visual communication interface in other wireless battery charger products in the medical field.

This is the first time Ynvisible collaborates with a customer in South America. Ynvisible has previously announced several other developments tailored to the medical industry, demonstrating the transformative potential of its e-paper displays in this field. These applications have shown how Ynvisible's technology can be integrated into sensitive medical and pharmaceutical products, enhancing functionality, improving patient safety, and enabling new levels of precision in product monitoring and diagnostics.

"E-paper displays offer a clear, intuitive, personalized way to present information, making it more accessible and easier to understand. In the medical field, this contributes to patients' safety and wellbeing. This first collaboration with a customer in South America proves the global potential of our e-paper technology in healthcare and beyond," said Dirk Becker, Sales Manager for Ynvisible.

By incorporating ultra-low power, thin and flexible e-paper displays into different medical applications, Ynvisible is not only enhancing the functionality and user-friendliness of medical devices, but also supporting the industry's move toward more efficient and sustainable solutions.

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 for supply chain and logistics, visual indicators for medical and diagnostics, or retail labels and signage. Ynvisible has experience, know-how, and intellectual property in electrochromic materials, inks, and systems, and offers a mix of services, technology and products to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228158

FAQ

What is the new medical device application for Ynvisible's (YNVYF) e-paper displays?

Ynvisible's e-paper displays will be integrated into wireless battery chargers for implantable devices like neurostimulators, indicating 'ON' states and visual warnings.

What is the potential market size for Ynvisible's (YNVYF) new medical device partnership?

The initial potential reaches thousands of units annually for this specific application, with possibility for significant increase if adopted in other wireless battery charger products.

When did Ynvisible (YNVYF) announce its first South American customer partnership?

Ynvisible announced its first South American customer partnership on October 29, 2024.

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