Ynvisible Expands Market Reach in Asia Through Strategic Distribution Agreement with Taiwan's HST
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. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) ha firmato un accordo di distribuzione non esclusivo con Hardware & Software Technology Co. (HST) per ampliare la sua portata sul mercato in Cina, Taiwan, Hong Kong e Macao. Questa partnership mira a rendere i prodotti di display e-paper sottili, a basso consumo energetico e convenienti di Ynvisible più accessibili ai clienti nella regione.
Fondata nel 1993, HST è un fornitore leader di tecnologie per comunicazioni wireless a basso consumo e verifica biometrica. Si prevede che la collaborazione sfrutti la conoscenza del mercato locale e la rete di HST per promuovere i display di Ynvisible e potenzialmente integrarli con la tecnologia Bluetooth Low Energy.
Questo accordo segna la seconda partnership strategica di distribuzione di Ynvisible in Asia, complementando l'attuale collaborazione con Ynvitech. L'azienda mira a diventare un partner fidato per i clienti asiatici in vari settori, tra cui retail, medico, farmaceutico, catena di approvvigionamento, logistica e industriale.
Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) ha firmado un acuerdo de distribución no exclusivo con Hardware & Software Technology Co. (HST) para expandir su alcance en el mercado en China, Taiwán, Hong Kong y Macao. Esta colaboración tiene como objetivo hacer que los productos de pantalla e-paper delgados, de bajo consumo y rentables de Ynvisible sean más accesibles para los clientes de la región.
HST, establecido en 1993, es un proveedor líder de tecnologías de comunicación inalámbrica de bajo consumo y verificación biométrica. Se espera que la colaboración aproveche el conocimiento y la red local de HST para promover las pantallas de Ynvisible y potencialmente integrarlas con la tecnología Bluetooth Low Energy.
Este acuerdo marca la segunda asociación estratégica de distribución de Ynvisible en Asia, complementando su colaboración existente con Ynvitech. La empresa aspira a convertirse en un socio confiable para los clientes asiáticos en varios sectores, incluidos retail, médico, farmacéutico, cadena de suministro, logística e industrial.
Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF)는 Hardware & Software Technology Co. (HST)와 비독점 유통 계약을 체결하여 중국, 대만, 홍콩 및 마카오에서 시장 범위를 확장합니다. 이 파트너십은 Ynvisible의 얇고 저전력 소모의 비용 효율적인 e-paper 디스플레이 제품을 이 지역 고객에게 보다 접근 가능하게 만들기 위한 것입니다.
HST는 1993년에 설립되어 저전력 무선 통신 및 생체 인증 기술의 선도적인 제공업체입니다. 이번 협업은 HST의 시장 이해도와 네트워크를 활용하여 Ynvisible의 디스플레이를 홍보하고 블루투스 저전력 기술과 통합할 수 있는 가능성을 열 것으로 기대됩니다.
이번 계약은 Ynvisible의 아시아에서 두 번째 전략적 유통 파트너십으로, Ynvitech과의 기존 파트너십을 보완합니다. 이 회사는 소매, 의료, 제약, 공급망, 물류, 산업 부문을 포함한 다양한 산업의 아시아 고객들에게 신뢰받는 파트너가 되는 것을 목표로 하고 있습니다.
Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) a signé un accord de distribution non exclusif avec Hardware & Software Technology Co. (HST) afin d'élargir sa portée sur le marché en Chine, Taïwan, Hong Kong et Macao. Ce partenariat vise à rendre les produits d'affichage e-paper fins, à faible consommation énergétique et rentables de Ynvisible plus accessibles pour les clients de la région.
Fondée en 1993, HST est un fournisseur leader de technologies de communication sans fil à faible consommation et de vérification biométrique. La collaboration devrait tirer parti des connaissances du marché local et du réseau de HST pour promouvoir les écrans de Ynvisible et potentiellement les intégrer à la technologie Bluetooth Low Energy.
Ce contrat marque la deuxième partenariat stratégique de distribution de Ynvisible en Asie, complétant son partenariat existant avec Ynvitech. L'entreprise vise à devenir un partenaire de confiance pour les clients asiatiques dans divers secteurs, y compris le commerce de détail, la médecine, la pharmacie, la chaîne d'approvisionnement, la logistique et l'industrie.
Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) hat eine nicht-exklusive Vertriebsvereinbarung mit Hardware & Software Technology Co. (HST) unterzeichnet, um ihre Marktpräsenz in China, Taiwan, Hongkong und Macau auszubauen. Diese Partnerschaft zielt darauf ab, Ynvisible's dünne, energieeffiziente, kostengünstige e-paper Display-Produkte für Kunden in der Region zugänglicher zu machen.
HST, gegründet im Jahr 1993, ist ein führender Anbieter von Technologien für drahtlose Kommunikation mit niedrigem Energieverbrauch und biometrische Verifizierung. Es wird erwartet, dass die Zusammenarbeit HSTs lokale Marktkenntnisse und Netzwerk nutzt, um Ynvisible's Displays zu fördern und potenziell mit Bluetooth Low Energy-Technologie zu integrieren.
Diese Vereinbarung markiert die zweite strategische Vertriebspartnerschaft von Ynvisible in Asien, die die bestehende Partnerschaft mit Ynvitech ergänzt. Das Unternehmen strebt an, ein vertrauenswürdiger Partner für asiatische Kunden in verschiedenen Branchen wie Einzelhandel, Medizin, Pharma, Lieferkette, Logistik und Industrie zu werden.
- Expansion into new markets in Greater China region
- Partnership with established technology provider HST
- Potential for joint development initiatives with HST
- Complementary to existing partnership with Ynvitech, enhancing distribution network
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 30, 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 signed a new distribution agreement with Hardware & Software Technology Co., Ltd. ("HST"), a leading technology provider in the Greater China region. Through this partnership, Ynvisible expands its presence in China, Taiwan, Hong Kong and Macau, making its thin, low-power, cost-effective e-paper display products available to interested customers in the region.
The non-exclusive distribution agreement with HST aims to expand Ynvisible's international presence and connect with new customers interested in implementing or developing e-paper based solutions. HST's in-depth market knowledge and established local network are expected to be valuable in achieving these objectives.
"I'm very excited to work together with Ynvisible to promote their e-paper displays on the Greater China market. We can see a considerable potential for Ynvisible's displays and the interest among our customers and contacts for this new, low priced and energy efficient solution is fantastic."- said Johnson Chen, General Manager of HST.
Established in 1993, HST is a leading provider of technologies for low-power wireless communication and biometric verification, and offers complete "Bluetooth Low Energy" & "Fingerprint Identification" design and solutions. The partnership between the two companies is expected to not only expand Ynvisible's market presence in Asia, but also foster joint development initiatives to potentially integrate Ynvisible's low-power e-paper displays with Bluetooth Low Energy technology.
"We are looking forward to working with HST, a partner that aligns with our vision on the role e-paper can play in the IoT domain. We believe HST has strong knowledge of the local market needs, understands the competitive benefits of our technology, and has strategic connections within the local ecosystems." - said Ramin Heydarpour, CEO of Ynvisible.
Ynvisible aims to become a trusted partner for Asian customers interested in adopting a sustainable, thin, flexible, low power and cost-effective approach to digital displays. The agreement with HST creates a second strategic distribution partnership for Ynvisible in the region. This new alliance complements Ynvisible's existing partnership with Ynvitech, further enhancing the Company's presence and distribution network in the area. Ynvisible is ready to supply, through HST and Ynvitech, customers in a wide range of industries, including retail, medical and pharma, supply chain and logistics, industrial, and more.
About HST
Since 1993, HST has been a prominent agent for Nordic low-power wireless communication chips and FPC fingerprint sensors, offering comprehensive solutions in Bluetooth Low Energy and Fingerprint Identification. As a leading technology provider in the Greater China region, HST supports a wide range of RF communication and biometric verification technologies. More information is available at: https://hstnet.com.tw/.
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.
Ynvisible Investor Update Webinar
Mark your calendars and register now for Ynvisible's investor-focused webinar on Wednesday, September 18, 2024, at 4:00 pm (CET) / 10:00 am (EST). CEO Ramin Heydarpour and the executive team will provide an overview of Ynvisible's progress in product development, customer acquisition, and market strategy. Attendees will gain valuable 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218195
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