Agiler and Ynvisible Join Forces to Make Public Spaces Safe & Sterile
September 24 2020 - 2:01AM
Business Wire
Ynvisible Interactive Inc. (the "Company" or "Ynvisible")
(TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF) is pleased to announce
that it has partnered with Agiler Oy, a Finnish high tech company,
to prototype a trailblazing smart label technology to verify that
the surfaces in public spaces, such as mass transit vehicles, have
been successfully sterilized with modern ultraviolet C (UVC)
sterilization technology.
The sensor label will demonstrate cost-effective, scalable
printed and flexible electronics and displays produced by
Ynvisible. The work is funded by the European Union Horizon 2020
financial instrument, under the Smartees 2 project.
There is a substantial market and public interest in developing
sterilization technologies for public spaces that are chemical-free
and less hazardous for the environment. According to a new report
by Reports and Data, the global Disinfectant Products market is
forecasted to reach USD 30.11 Billion by 2027. UVC technology is
among the most interesting of the technologies poised to challenge
the use of chemical based disinfectants. Several companies are
investing in automated sterilization technologies to guarantee safe
and sterile surfaces. The solutions showcased by Agiler and
Ynvisible will help reassure commuters, parents, and individuals
that surfaces in public spaces and transport are sanitized and
safe.
"With the COVID-19 pandemic, you have seen some crazy things
like vehicles spraying or fuming chemical sterilization agents in
public spaces, even outdoors, partly only to make people feel safe.
When Agiler approached us with their idea, we felt that there was a
natural match with our visual indicator technology together with
the design and manufacturing services we provide," said Samuli
Str�mberg, Head of Business Development Smart Labels at Ynvisible.
"It is great to partner up with such an innovative company with
something that addresses some of the great challenges of our
time."
"We hope that through the successful implementation of this
project, the technologies that both companies have been working on
for years can serve the greater good. It is our great privilege to
work together with Ynvisible to create a solution with such a huge
global impact. The innovative electrochromic display in the smart
sensor label allows the public to see that their living and working
spaces are safe. The wireless communication allows the labels to
interact with other smart technologies such as sterilization
robots. We are also inviting interested partners and customers to
collaborate with us," said Jarkko Miettinen, Co-Founder and CEO of
Agiler.
The duration of the Smartees2 funded demonstrator project is a
of maximum nine (9) months. By then the companies expect to have
demonstrated a first of its kind solution that can be taken into
mass-production. Products are introduced to the market in various
formats as labels or integrated, flexible, functional elements on
several different surfaces or products. Agiler expects to provide
this solution first in the healthcare and retail markets and is
open for discussions with interested parties for partnership.
Ynvisible sees readily scalable, visible indicators of surface
health as a natural product application of the Ynvisible display
technology and printed electronics capability, along with further
expansion into point of care health and security applications.
About Agiler Oy
Agiler is a pioneering company of innovative and intelligent
asset tracking solutions based on wireless identification
technologies. With over 20 years of in-house experience in IoT and
sensors, Agiler delivers unique products and services together with
our global partner network. The company's mission is to provide
safety and sustainability solutions by creating digital identities
for objects around us and to give them the ability to communicate
wirelessly. Additional information on Agiler Studios is available
at agiler.net
About Ynvisible Interactive Inc.
Ynvisible aims to be a leading company in the emerging printed
and flexible electronics sector. Given the cost and
power-consumption advantages over conventional electronics, printed
electronics are a key enabler of mass adoption of the Internet of
Things ("IoT") and smart objects. Ynvisible has 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,
& easy-to-use electronic displays and indicators for everyday
smart objects, IoT devices, and ambient intelligence (intelligent
surfaces). Ynvisible 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
ON BEHALF OF THE BOARD OF DIRECTORS
"Jani-Mikael Kuusisto", CEO,
Ynvisible Interactive
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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version on businesswire.com: https://www.businesswire.com/news/home/20200924005312/en/
Agiler Oy Jarkko Miettinen, CEO +358 50 3430463
jm@agiler.net
Ynvisible Interactive Inc. Investor Relations +1
778-683-4324 ir@ynvisible.com
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