Ynvisible Interactive Inc. (the "Company" or "Ynvisible")
(TSXV: YNV, FSE: 1XNA, OTCQB: YNVYF) is pleased to welcome
Piotr Wierzchowiec, Ph.D., as the Head of Functional Ink Products
& Development. The Company also concludes the expansion of its
Advisory Board with three experts from the logistics and supply
chain management, organic electronics, and technology venture
capital industries.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201112005430/en/
Piotr Wierzchowiec, Ph.D., Head of
Functional Ink Products & Development. (Photo: Business
Wire)
FULFILLING FUNCTIONAL INK PRODUCTS & DEVELOPMENT
Dr. Wierzchowiec brings Ynvisible over twelve years of
experience in developing materials, inks, and printing processes
for organic and printed electronics, including display
applications. He joins the Company from Merck KGaA, an
internationally leading science and technology company in
healthcare, life science, and performance materials. At Merck,
Piotr Wierzchowiec was Head of Print Labs for Performance Materials
Innovation & Application division. His previous
responsibilities included managing product development, leading
teams of experts, scouting, coordinating product launch activities,
and driving global business development. His background includes
applying lean and six sigma methodology, organizing technical
customer support, and managing cross-functional collaboration
projects. Dr. Wierzchowiec has a Doctor of Philosophy (Ph.D.)
focused on Molecular Electronics from Bangor University.
"Piotr brings a wealth of experience to the Ynvisible team in
fabricating and commercializing functional inks products for the
global markets," said Jani-Mikael Kuusisto, CEO of Ynvisible.
"Ynvisible is accelerating our time to revenue. We are now taking
systematic steps to build off lessons learned to date from our
various client cases: strengthening our intellectual property
portfolio, launching our Ynvisible branded products, and deploying
our proprietary technology platform offering. We are now selling
our first ink products through our website, we are actively
delivering on customer needs through our collaborations with NXN-IP
and RISE, and we are strengthening our inks portfolio. Inks are
central to our business growth. It's great to have Piotr fortify
our efforts in this area."
"I feel enthusiastic about joining Ynvisible in their efforts to
address the rapidly growing needs of the electrochromic display
market. I am eager to become a part of this highly dedicated team
of pioneers while bringing complementary ink development experience
to expand and strengthen the Company's product portfolio. I am
committed to aiming for high-quality standards and fast response to
market demands, which are vital for great commercial success," said
Piotr Wierzchowiec, Ph.D.
THREE INDUSTRY LEADERS JOIN ADVISORY BOARD
Ynvisible is excited to announce that it has invited Mitchell
Huang, Adam Laubach, and Dr. Rudi Leuschner to its Advisory Board.
On November 5, 2020, Ynvisible announced that Ramin Heyardarpour,
Sal Pellingra, and Tiffany Vasilchik are joining Ynvisible's
Advisory Board. All new Advisory Board members will be joining Dr.
Michael Okoroafor, Dr. Harlan Byker, and Dr. Harri Kopola. This
concludes the expansion of Ynvisible's Advisory Board.
"We are honored to have such a strong group of industry experts
in our expanded Advisory Board. As we continue to support our lead
customers' Internet-of-Things initiatives, we rely on our Advisors'
wealth of expertise, extensive networks, and diverse,
multi-disciplinary perspectives. Our Advisors help us to remain
focused on producing scalable products for the global markets,"
says Jani-Mikael Kuusisto, CEO of Ynvisible.
NEW ADVISORY BOARD
Dr. Michael Okoroafor, VP of Global Sustainability &
Packaging Innovation, McCormick & Co. Dr. Harlan Byker, Founder
& CEO, Pleotint LLC. Dr. Harri Kopola, Fellow, Organic
Electronics Association Ramin Heyardarpour, Managing Partner, Flex
R&D / Former Global VP R&D Avery Dennison Sal Pellingra, VP
Global Application & Innovation, ProAmpac Tiffany Vasilchik,
SVP Growth Strategy, Magid Mitchell Huang, Technology Start-Ups /
Investment / Product Management Adam Laubach, Printed Electronics /
Medical Device Lab-to-Fab / Leadership Dr. Rudi Leuschner,
Associate Prof. of Supply Chain Management, Rutgers Business
School
PROFILES OF YNVISIBLE'S NEW ADVISORY BOARD MEMBERS
Adam E. Laubach, Lab-to-Fab Leadership
Adam E. Laubach serves as the technology advisor for Exothermix,
a Texas-based company focusing on materials and products through
self-heating technology. He was CEO of Exothermix from 2014 to
2018. Before joining Exothermix in 2011, he served as the chief
technology officer for multiple technology companies, including
ReVolt Technologies, GSI Technologies, and Aveso Displays, an early
pioneering company in printed electronic displays. Laubach also
spent 13 years with Dow Chemical. Today, Laubach is the director of
Amani Baby Cottage in Jinja, Uganda. His contributions in worldwide
missions’ work include developing a desalination system for a
community in Haiti, wells and filter systems that provide clean
water in Honduras, and clean-burning stoves and ovens in Uganda.
Mr. Laubach has a SB in Chemistry and BA in German from Texas State
University and an M.B.A. from The University of Texas.
Dr. Rudi Leuschner, Associate Professor, Rutgers Business
School
Professor Leuschner is an Associate Professor in the Department
of Supply Chain Management and the Program Director for the online
Master of Science in Supply Chain Management program at Rutgers
Business School. He is at the forefront of online education as the
Rutgers Faculty Coordinator for Distance and Online Learning. He is
the creator of the Rutgers Supply Chain Management MOOC
specialization.
His research focuses on the end-to-end supply chain and the
integration of its three primary flows: products, information and
finances. Specifically, in the new field of Supply Chain Finance,
he has been active in developing relevant insights for academics
and practitioners. He co-developed the Rutgers Business School
Payment Practices Index, which ranks retailers' performance. He
received his Ph.D. in Logistics and a minor in Marketing from Ohio
State University. His work has appeared among others in the Journal
of Supply Chain Management, Journal of Business Logistics, Decision
Sciences, the Journal of Business Ethics, Harvard Business Review,
and Rutgers Business Review
He has been a frequent speaker at academic and practitioner
conferences, his teaching interests at the undergraduate, graduate,
and executive education levels on the topics of Supply Chain
Strategy, Innovation, Supply Chain Finance, and Demand
Management.
Mitchell Huang, Transformative Finance Consultant
Mitchell Huang joins Ynvisible as a technology and finance
advisor specializing in the financing lifecycle of technology
companies. Over the course of his 20-year career, he has helped
companies ranging from Fortune 100 companies to seed-stage startups
use financial products to reach their business goals.
Recently, Mr. Huang served as an early employee in several
technology startups, including VenueNext and EVA Automation,
structuring growth capital investments and managing finance. Before
working at startups, Huang spent 13 years at JPMorganChase as
Executive Director of the Special Investments Group, focusing on
private equity and growth capital investments. Huang also held
positions in credit trading, restructuring and leveraged
finance.
Mitchell Huang received his S.B. in Biology from the
Massachusetts Institute of Technology. He lives in Brooklyn, New
York.
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 Inc.
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 forward-looking statements.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. All statements,
other than statements of historical fact, that address activities,
events or developments the Company believes, expects or anticipates
will or may occur in the future, including, without limitation,
statements about the Company's Q3 forecast of sales, cost of sales,
operating expenses and income from other sources; the Company's
business strategy, plans and outlooks; the future financial or
operating performance of the Company; and future marketing and
operating plans are forward-looking statements. Forward-looking
statements are subject to a number of risks and uncertainties that
may cause the actual results of the Company to differ materially
from those discussed in the forward-looking statements and, even if
such actual results are realized or substantially realized, there
can be no assurance that they will have the expected consequences
to, or effects on, the Company. Factors that could cause actual
results or events to differ materially from current expectations
include, among other things: the impact of COVID-19; risks and
uncertainties related to additional costs being subsequently
identified and the allocation of costs between reporting periods;
and the possibility that the actual financial results will not be
consistent with the Company's expectations. Actual results may
differ materially from those currently anticipated in such
statements. Readers are encouraged to refer to the Company's public
disclosure documents for a more detailed discussion of factors that
may impact expected future results. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, unless required pursuant to applicable laws.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201112005430/en/
Elyssia Patterson elyssia.patterson@ynvisible.com Investor
Relations +1 778-683-4324 ir@ynvisible.com
Ynvisible Interactive (TSXV:YNV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ynvisible Interactive (TSXV:YNV)
Historical Stock Chart
From Jul 2023 to Jul 2024