Ynvisible Signs Exclusive License Agreement to RISE Electrochromic Display Technology

Ynvisible Interactive Inc. (the "Company" or "Ynvisible") (TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF), a fast-growing printed e-paper display company, positioning its products as the lowest energy-consuming e-paper displays on the market, announces the expansion of its license from the Research Institutes of Sweden (RISE) a leading research institute in the field of printed electronics. The amended license agreement includes exclusive worldwide rights to key patent families around printed electrochromic devices and displays. The exclusive license strengthens Ynvisible’s market position as a leading provider of printed e-paper display products.

“With over two decades of pioneering research in printed electrochromic technologies, RISE holds strong patents and know-how in printed display technologies. Combined with Ynvisible’s unique capabilities and assets in e-paper display product design, printed electronics manufacturing, and strategic investments in printed e-paper product commercialization, we see great potential for our display products in our target markets,” commented Ramin Heydarpour, Ynvisible’s CEO. “We now establish an exclusive position in relation to key RISE technologies proven in our production and positively tested in our target markets. We will also expand our collaboration with RISE to accelerate the development of our new product offering.”

Ynvisible first announced a non-exclusive license agreement with RISE on June 23, 2020; the deal was designed to complement and further expand Ynvisible’s product offering and build its position as a leading commercial supplier of low-power, high volume producible printed electrochromic (EC) display solutions. In 2021 the Company carried out a technology transfer process from RISE and Printed Electronics Arena (PEA) research facilities to Ynvisible’s production facilities in Portugal and Sweden.

With proof of scalable industrial production and positive client responses to the technology, in 2021, Ynvisible began developing a printed e-paper display product offering based on the RISE technology. On March 2, 2022, the Company announced the release of the lowest energy-consuming printed e-paper display on the market.

“The field of organic electronics has evolved over the years, from the early concepts of paper displays and all-green electronic and iontronic components,” said Duncan Platt, Unit Manager at RISE Printed Electronics. “Electrochromics is one of the key technologies, and we believe Ynvisible is well-positioned to take this technology to market.”