Ynvisible Opens Electrochromic Inks Commercialization Facility in Freiburg, Germany

German subsidiary established to accelerate client projects and production scale-up

May 29, 2018 4:53 PM EDT | Source: Ynvisible Interactive Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2018) - Ynvisible Interactive Inc. (TSXV: YNV) ("ynvisible" or the "Company") is pleased to announce the establishment of a fully owned German subsidiary, ynvisible GmbH, and the official opening of a state-of-the-art electrochromic inks development laboratory and commercialization facility in Freiburg im Breisgau, Germany. 

Building on several years of R&D collaborations with brand owners and research institutes, ynvisible chose Freiburg for its strategically important location at the border region between Germany, France and Switzerland, which is proximal to globally leading materials supply partners, and home to a strong network of innovative companies in the fields of printed electronics and industrial printing. The region has a rich talent pool of chemists and engineers specializing in polymers technology, electrochemistry, and functional inks formulation.

In addition to laboratory scale development of the next generations of electrochromic inks and systems, ynvisible aims to use the product development center in Freiburg to accelerate the scaling up of its capacity for global production and delivery of proprietary electrochromic inks on a commercial scale.

According to Carlos Pinheiro, PhD, ynvisible's CTO: "Internationally considered as a model green city located at the edge of the Black Forest, Freiburg is a multicultural university town, known for its bright and motivated talent pool. More broadly, Germany offers an excellent environment to intensify our developments in leading electrochromic inks and technologies. The networking opportunities and easy access to specialty resources afforded in our new location are key to accelerating both innovation and commercialization."

ynvisible GmbH is located in the innovation centre BioTechPark Freiburg, which houses many other companies active in chemistry, smart materials and biotechnology.

About Ynvisible Interactive Inc.

ynvisible aims to be a leading company in the emerging printed electronics sector. Printed electronics uses new materials with electronic properties that are processable into inks and can be printed into thin layers (using conventional print house equipment) onto flexible materials, such as plastic and paper. ynvisible's proprietary electrochromic displays can be the face of every smart label. ynvisible's displays use almost no power. They are ultra-low weight, microscopically thin, flexible, yet robust. When combined with various sensors they bring functionality and life to smart products. 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"). Electrochromics-based smart labels offer simple non-obtrusive human interfaces to smart IoT objects. ynvisible's mix of services, materials and technology is a unique combination, which is winning favor among brand owners developing their IoT products for a huge market in its infancy. Since ynvisible's displays are printed, product designers can easily adapt electrochromics to the desired product design and required user experience.

For additional information, please contact the office at 604-638-7363.

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.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jani-Mikael Kuusisto"
Chief Executive Officer

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other actors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the business and operations of ynvisible, and information regarding the management, business and operations of ynvisible. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; delay or failure to receive board, shareholder or regulatory approvals; those additional risks set out in the Company's public documents filed on SEDAR at www.sedar.com; and other matters discussed in this news release. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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