Ynvisible Interactive Inc. Appoints New Heads of Sales & Marketing, and Smart Labels Business Development

September 25, 2018 8:30 AM EDT | Source: Ynvisible Interactive Inc.

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2018) - Ynvisible Interactive Inc. (TSXV: YNV) (the "Company"), a company that specializes in creating ultra-low power electronic displays by printing, is pleased to announce the appointment of Brent Crawford, as its new Head of Sales and Marketing, and Samuli Strömberg to the position of Head of Business Development, Smart Labels.

Brent Crawford takes responsibility for direct and channel sales for ynvisible's proprietary printed electronic displays. Brent has earlier held managerial positions in account management and large enterprise sales within Telus, and most recently in the position of senior business development manager for Toronto-based start-up, Nymi.

"We are thrilled to have Brent join ynvisible. He strengthens our team with his proven track record in corporate sales and marketing, and experience from within larger corporate structures as well as the start-up space" said Jani-Mikael Kuusisto, ynvisible's CEO. "Based in Toronto, Brent is excellently positioned to build our presence in the attractive North American smart labels and low power IoT (Internet of Things) device markets, helping us to rapidly expand our partnership networks to deliver to growing customer demands" continued Kuusisto.

Samuli Strömberg will lead ynvisible's business development in smart label applications, with particular focus on the RFID (Radio Frequency ID) markets. Samuli has nearly 20 years of experience in the RFID industry with executive level business management and marketing positions in leading RFID companies such as UPM RFID and Smartrac.

"We are proud to have Samuli, a seasoned RFID industry expert, join our team. The RFID market, which according to IDTechEx is forecast to grow to $14.9 billion USD by 2022, is a leading sector for smart labels and high volume low-power IoT devices. We are seeing growing needs for electrochromics as visual indicators in a wide range of RFID applications: from contactless cards to authentication, smart tickets and promotional items, logistics chain monitoring and medical devices. Samuli's first-hand experiences from the scale up years in the RFID labels sector and his immensely wide networks are most valuable as we accelerate our entry into this field" said Kuusisto.

ynvisible is also pleased to announce it has granted a total of 150,000 new stock options to consultants and employees of the Company. The options will vest pursuant to the stock option agreements between ynvisible and each optionee and may be exercised at an exercise price of CAD$0.31 per common share, for a period of 5 years from the date of issuance or earlier in accordance with ynvisible's stock option plan.

About ynvisible

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 1-604-788-2810.

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 factors 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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