Ynvisible Interactive Inc. (the "Company" or "Ynvisible")
(TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF), a fast-growing firm in
the Internet of Things (IoT) market, announces a collaboration with
Exevio, a digital solutions firm with a focus on quality, execution
and implementation of modern technologies.
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the full release here:
https://www.businesswire.com/news/home/20220405005372/en/
Exevio has engaged Ynvisible on a project
in Croatia to produce a digital e-paper road sign that informs the
availability of EV charging stations. (Photo: Business Wire)
Exevio has engaged Ynvisible on a project in Croatia to produce
a digital e-paper road sign that informs the availability of EV
charging stations.
The project was supported by the Centre of Competence for Smart
Cities (CEKOM), a government-backed organization that encourages
R&D in the field of smart cities which includes electric
vehicles.
With the electric vehicle market growing at a staggering rate, a
growing issue is the lack of EV chargers on the road causing
charging stations to be congested.
The problem is that when an individual arrives at an EV charging
station to charge their car, they find the chargers occupied.
Before Ynvisible and Exevio’s digital signage solution, the only
way to know if a stall was available was to use a mobile app while
driving, endangering yourself and others.
With the implementation of the digital signs on critical
locations such as significant intersections, parking entrances or
above the EV stations themselves, drivers can now be informed of
the availability of the charging stations, thereby lowering the
need to use a smartphone while driving.
The digital road sign needed to be extremely low power, energy
independent and send out geo-location data in order to be
sustainable and autonomous on the open road. It also needed to
satisfy road safety law and emit minimum visual stimuli to prevent
distraction when driving, whilst also looking like a traditional
traffic sign.
Ivan Jokic, an engineer at Exevio said:
“We saw an opportunity to use electronic paper displays to
achieve sustainability and autonomy. We needed a classic but new
take on a sign for EV charging stations and engaged Ynvisible to
produce this for us.”
“Ynvisible has an interesting take on e-paper technology – their
display is able to show numbers, use low amounts of energy, easy to
implement, and easy to repair and replace, enabling our product to
have a low environment impact. Fast production at low cost; and the
ability to implement our own custom design also played a key role
in choosing Ynvisible.”
Ynvisible recently announced the latest release of their e-paper
display, positioning the technology as the lowest energy-consuming
printed display on the market. The technology is ideal for digital
signage solutions because it requires very little power and is
cheaper to produce than other alternative display technology. To
read more about the partnership between Ynvisible and Exevio read
their digital signage case study.
About Exevio
By supporting the concept of corporate social responsibility,
Exevio strives to positively impact the environment and community
through all elements of their work. Their primary domain is
information technology and strive to approach innovations that
enrich human lives in the broader picture. Additional information
about Exevio is available at https://exevio.com.
Investor Webinar
On April 14, 2022, Ynvisible will be hosting an Investor Update.
This webinar will be led by Ynvisible's CEO, Mr. Ramin Heydarpour,
to provide Investors with an update. There will be time for
questions and answers.
Time: 9:00 AM PT/ 12:00 PM ET/ 5:00 PM CET Register
Link:
https://us02web.zoom.us/webinar/register/WN_EGhDMtDeSGGfh0xDBgbVQA
About Ynvisible
Ynvisible is a leading company in the emerging e-paper display
market. They have 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, and easy-to-use electronic
displays and indicators for everyday smart objects, IoT devices,
and ambient intelligence (intelligent surfaces). Ynvisible offers
services, materials and technology to brand owners developing smart
objects and IoT products. Additional information on Ynvisible is
available at www.ynvisible.com.
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/20220405005372/en/
ON BEHALF OF THE BOARD OF DIRECTORS Ramin Heydarpour CEO
and Executive Chairman Ynvisible Interactive Inc. For further
information, please contact: Investor Relations +1 778-683-4324
ir@ynvisible.com
Ynvisible Interactive (TSXV:YNV)
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