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Ynvisible and NXN Collaborate on New Electrochromic Colors and Announce New Order from Fortune 500 Medical & Diagnostics Devices Company
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2020) -  Ynvisible Interactive ...
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"Ynvisible and NXN Collaborate on New Electrochromic Colors and Announce New Order from Fortune 500 Medical & Diagnostics Devices CompanyVancouver, British Columbia--(Newsfile Corp. - March 26, 2020) -  Ynvisible Interactive Inc. (TSXV: YNV) (OTCQB: YNVYF) (FSE: 1XNA) (the \"Company\" or \"Ynvisible\") is pleased to announce that it has entered into a collaboration agreement with NxtGen Nano, Inc. DBA NXN Licensing (NXN) to expand the range of colors for electrochromic inks. The parties engage to bring NXN's electrochromic polymer (ECP) technology into global product platforms by utilizing Ynvisible's electrochromic systems, and its comprehensive portfolio of design and manufacturing services. In turn Ynvisible will utilize NXN's ECP technology to expand its portfolio of electrochromic inks for printed interactive graphics. NXN and Ynvisible are also pleased to further announce the sale of a prototyping project to a Fortune 500 medical and diagnostics devices company. The name of the client company and the product application for which the multi-color electrochromic devices are intended are bound by confidentiality agreements.Ynvisible has demonstrated the ability to combine NXN's ECP technology into Ynvisible's electrochromic devices. The companies have earlier experience in working together and commercially prototyping new color electrochromic devices to select Fortune 500 premium consumer brand product companies. \"Ynvisible provides our customers with a unique level of expertise and follow up production capability that accelerates their ability to enter new markets with innovative products while transferring the know how they need to create new product categories building evergreen revenue opportunities through team collaboration,\" said John Coyne, CEO, NxtGen Nano, Inc. DBA NXN Licensing.\"This client order is further evidence that companies with global footprints have needs for interactive printed graphics in their smart products. Color and color changes are a critical part of visual communication. New electrochromic colors increase the value and performance of ultra-low power electrochromic displays and devices,\" commented Jani-Mikael Kuusisto, CEO Ynvisible Interactive Inc. \"It is exciting to combine NXN's electrochromic polymers colors into the inks we are developing and introduce this capability into our printed...