YD Ynvisible S.A.
YD Ynvisible S.A. : Ynvisible is awarded a Portuguese National Strategic Reference Framework incentive for a one million Euros project
YD Ynvisible S.A. / Key word(s): Tender Offer/Miscellaneous 25.05.2011 / 14:30 Lisbon, 25th of May 2011 - Ynvisible, a Portugal-based company dedicated to the research, development and commercialization of interactive printed displays, was yesterday awarded an incentive of over 550.000 Euros by the Portuguese National Strategic Reference Framework (NSRF, in Portuguese QREN) to support its commercialization and internationalization efforts, in a project totaling over 1.000.000 Euros. The incentive is part of 'SI Inovação' (Innovation Incentives System), a program which grants financial support to investment projects submitted by companies, based on their degree of innovation, growth potential and international focus. This incentive will further consolidate Ynvisible's planned activities by supporting the development of production capabilities, strengthening the company's IP portfolio and promoting its internationalization efforts. The Portuguese NSRF is aimed at promoting high and sustained levels of economic development, with an emphasis on knowledge, science, technology and innovation. The project awarded to Ynvisible is subsidized by the NSFR, under the Operational Programme for Competitiveness Factors, which is co-funded by the European Regional Development Fund. Ynvisible, a spin-out of YDreams (www.ydreams.com), aims to become a world-leader in interactive electrochromic displays. The technologies developed by Ynvisible will allow the inclusion of interactive and animated features on products in areas such as packaging, advertising, print media, signage and smart wearables. The company has been listed on the Frankfurt Stock Exchange since the 9th of February 2011. For more information on Ynvisible, please visit the company's website: http://www.ynvisible.com For more information on the Portuguese National Strategic Reference Framework, please visit the website: http://www.qren.pt/index.php?lang=1 DISCLAIMER: This press release serves information purposes only and it does not constitute an offer, nor a request to submit an offer, to acquire or subscribe shares of YD Ynvisible, S.A.. Contacts: Investor Relations Inês Henriques CEO, Ynvisible ines.henriques@ynvisible.com Manuel Câmara IR/PR Manager, Ynvisible manuel.camara@ynvisible.com Mobile: +351 91 346 9956 Alexander Coenen Director of IR Germany, Public Research coenen@pub-research.com Press Manuel Câmara IR/PR Manager, Ynvisible manuel.camara@ynvisible.com Mobile: +351 91 346 9956 Maria Palma Corporate Communications Manager, YDreams maria.palma@ydreams.com Mobile: +351 91 749 9559 End of Corporate News --------------------------------------------------------------------- 25.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 126123 25.05.2011
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