Ynvisible Strengthens Board of Directors with Appointment of Ramin Heydarpour
December 01 2020 - 2:00AM
Business Wire
Ynvisible Interactive Inc. (the "Company" or "Ynvisible")
(TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF) is pleased to announce
the appointment of Ramin Heydarpour as a new independent member of
its Board of Directors, stepping into this role after joining
Ynvisible as an Advisor in October 2020. Michael Robinson, who was
appointed Ynvisible's Chief Operating Officer in September 2020,
will step down from the Company's Board of Directors.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201201005513/en/
Ynvisible Interactive Inc. is pleased to
announce the appointment of Ramin Heydarpour as a new independent
member of its Board of Directors, stepping into this role after
joining Ynvisible as an Advisor in October 2020. (Photo: Business
Wire)
"We are honored to have Ramin join Ynvisible's Board of
Directors. With a background of over 30 years in developing
breakthrough flexible technologies into high-volume business and
the critical insight that it takes to launch innovations at scale,
Ramin provides valuable insights to guide our operations and our
strategic decision making. This perspective is key as we focus our
short-term growth objectives, expressly in the area of smart
labels, and aim to accelerate revenue growth," said Jani-Mikael
Kuusisto, CEO of Ynvisible. "We're equally excited about Michael's
recent transition full-time into Ynvisible Interactive as COO to
head operations with a focus on increased operational
excellence."
About Ramin Heydarpour
Ramin is founder and managing partner of Flex R&D Inc., a
Pasadena California based engineering consulting firm with deep
expertise in roll-to-roll process and product development. He was
previously Global Vice President with Avery Dennison, where he led
the development of innovative products in food packaging, brand
identification, office and consumer products.
Ramin has a track record of inventing and developing new
products in a broad range of applications, including flexible
packaging, RFID tags, and pressure-sensitive labels. He has 26
granted patents. Various leadership positions at Fortune 500
companies in the past 25 years has provided Ramin with a broad
perspective and a clear insight in the following areas:
- Building effective R&D organization and growing technical
talent
- Alignment of technical capabilities with business strategy
- Connecting unmet market needs to technical solutions
- Efficient development and scale-up of new products
"The market for flexible electronics is set to pass $70 Billion
by 2025 with Intelligent Packaging, Flexible Displays and
Interactive consumer products as its leading applications," said
Ramin Heydarpour. "Ynvisible's understanding of unmet market needs
coupled with its capabilities around Rapid Prototyping, Roll to
Roll Manufacturing, and cost-effective Flexible Displays place it
in a strong position to be a major player in the flexible
electronics industry."
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201201005513/en/
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