Development and Research collaboration seeks
to bring novel temperature indication solutions to market in
2021.
Ynvisible Interactive Inc. (the "Company" or "Ynvisible")
(TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF) announces its first customer
collaboration to bring new temperature indication solutions to
market with SpotSee, the global leader in shock, vibration and
temperature monitoring through low-cost connectivity and data. Both
companies are partners in the CHARISMA project, funded by The
European Union, Horizon 2020 Marie Skłodowska-Curie Actions
program.
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TEMPSAFE Electrocard (Photo: Business
Wire)
"The global demand for temperature tracking and indicators is
increasing and has been further highlighted with the global impacts
of COVID-19. SpotSee is a global leader at providing solutions to
deter, detect and diagnose adverse conditions in supply chain and
operations through our wide range of smart-label solutions. We're
looking forward to expanding our solutions offering." says Tony
Fonk, CEO SpotSee.
Cold-chain and temperature-controlled shipment for monitoring
the storage of goods such as blood bags, premium foods,
biomaterials, and medicines use temperature indication smart-label
solutions. Ynvisible's displays are integrated into those
smart-labels and then applied on the surface of or inside logistics
packaging, allowing users to observe signals with their naked
eye.
"Our collaboration will help us realize real synergies between
SpotSee's expertise and leadership in the cold-chain and monitoring
supply chain and Ynvisible's ultra-low power, thin and flexible
display technology." Says Michael Robinson, CEO Ynvisible
Interactive. "Through our Roll-to-Roll manufacturing capability,
technology know-how, and networks, we make it easy for our
customers to unlock revenue-enhancing opportunities.
The CHARISMA project is co-ordinated by the Institute of Organic
Chemistry, Vienna University (Austria), includes Universidade Nova
de Lisboa (Portugal), Tampere University (Finland), plus other
partner companies, Science Made Simple, Packdesign ID Oy, and
Trelic Oy.
ABOUT SPOTSEE
SpotSee is an internet of things end-to-end solution provider
that enables customers to spot damage in their operations and see
it in real time. SpotSee's mission is to help customers deter,
detect and diagnose changing conditions and deliver that data to
customers' fingertips from anywhere in the world. SpotSee devices
monitor shock, vibration, temperature and other environmental
conditions through its market-leading brands such as ShockWatch®,
ShockLog®, SpotBot™, OpsWatch, WarmMark®, Thermax®, TempSafe®, TMC
Hallcrest and LCR Hallcrest. The company has a global network of
over 1,800 sales and technical service partners in 62 countries.
SpotSee is headquartered in Dallas, Texas, with operations in
Brazil, Netherlands, United Kingdom, China, Mexico, Illinois, and
Texas. For more information, visit www.spotsee.io
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 "Micheal Robinson", 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/20210223005158/en/
Elle Glatz Mod Op for SpotSee Elle.glatz@modop.com
Elyssia Patterson, Manager of Investor Relations +1 778-683-4324
ir@ynvisible.com
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