VANCOUVER, BRITISH COLUMBIA, Canada, December 10, 2019 — Ynvisible Interactive Inc. (TSXV: YNV) (OTCQB: YNVYF) (FRA: 1XNA) today announced its partnership with Identiv, Inc. (NASDAQ: INVE), a global leader in designing and manufacturing radio frequency identification (RFID) and near field communication (NFC) technology solutions. The companies are collaborating by combining Ynvisible’s electrochromic (EC) display technology-based visual indicators with Identiv’s range of uTrust Sense Temperature Tracker products.
Identiv’s award-winning uTrust Sense Temperature Tracker is a compact datalogging NFC smart sensor that tracks and stores temperature readings. Identiv has designed the latest iteration and functionality of this industry-leading product line by incorporating Ynvisible’s EC display and technology. The partnership makes it possible to instantly visually identify the NFC smart sensors (or labels) that have experienced temperatures outside the allowed temperature range and require immediate attention. This capability increases operational efficiencies and introduces an additional layer of security in demanding supply-chain, cold-chain, healthcare, pharmaceutical, and government applications. Through the partnership, the core message — that the NFC-labeled product is stable and safe — can now be verified visually.
“The integration of printed electronics with our NFC labels combines two brilliant technologies into one unique product,” said Vera Mauerberger, Identiv Product Manager, Transponders. “Working with Ynvisible on the integration of an electrochromic display opens new opportunities for Identiv, while allowing us to be more sustainable and flexible. This partnership paves the way for new, innovative customers and markets for our uTrust Sense product family.”
“Ynvisible is absolutely delighted to work with an innovative industry leader, such as Identiv. We see a lot of potential in the combination of electrochromic display, or visual identification technology, with NFC and RFID technologies and products. Electrochromic technology provides the lowest power consumption printable display technology, making it the ideal match for Identiv’s uTrust Sense product line,” said Samuli Strömberg, Ynvisible Head of Business Development for Logistics and Retail.
Ynvisible and Identiv are focused on high-volume, high-quality production, market growth, and new products and use cases for EC technology. Interested parties are invited to contact the companies directly to learn more about the NFC datalogging solution or other innovative ideas. Identiv’s team of experts can be reached at firstname.lastname@example.org or +1 888-809-8880. Ynvisible can be reached at email@example.com +351 211 308 817.
Identiv, Inc. is a global provider of physical security and secure identification. Identiv’s products, software, systems, and services address the markets for physical and logical access control, video analytics, and a wide range of RFID-enabled applications. Customers in the government, enterprise, consumer, education, healthcare, banking, retail and transportation sectors rely on Identiv’s access and identification solutions. Identiv's mission is to secure the connected physical world: from perimeter to desktop access, and from the world of physical things to the Internet of Everything. Identiv is a publicly traded company and its common stock is listed on the NASDAQ Capital Market in the U.S. under the symbol “INVE.” For more information, visit identiv.com.
Ynvisible develops and brings to market interactive printed graphics solutions based on electrochromics (EC). The company’s growing set of proprietary ink sets and design tools and processes are used to design and produce displays that are low power, lightweight, thin, flexible, transparent, and robust. Smart products incorporating Ynvisible’s EC displays provide an ideal and easy to adopt “face to the IoT”. For more information, visit ynvisible.com.
Ynvisible further announces that it will be presenting at the 12th Annual LD Micro Main Event on Wednesday, December 11th at 1:00 PM PST / 3:00 PM EST. The presentation will be broadcast live and available for replay here and via the investor relations section of the Company's website at www.ynvisible.com
The LD Micro Main Event will take place on December 10th-12th in Los Angeles, at the Luxe Sunset Bel Air Hotel, which will feature 275 companies, and will be attended by over 1,400 individuals. View Ynvisible’s profile here: https://www.ldmicro.com/profile/YNV.V
Identiv Media Contact: firstname.lastname@example.org
Ynvisible Media Contact:
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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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Ynvisible announces that it has granted stock options to certain officers, directors, and employees of the Company to acquire an aggregate of 520,000 common shares in the capital of the Company (the “Stock Options”), pursuant to the Company’s omnibus equity incentive compensation plan.