YD Ynvisible S.A.
Ynvisible establishes first production site, gears up for first commercial projects
YD Ynvisible S.A. / Key word(s): Research/Technology/ Lisbon, November 28th 2011 – Ynvisible has successfully set up the first production site for the production of its interactive displays and their integration into final products, enabling the company to take on first higher volume commercial projects. This first production capacity is the result of a partnership between Ynvisible and Guide, a printing house with over four decades of experience specialized in graphic design and printing services for the publishing industry. The partnership between the two companies brought together Ynvisible's technological know-how and Guide's industrial printing experience. In addition to the installation and optimization of the production process, Guide will also be involved in the production efforts to deliver Ynvisible's commercial projects. After a successful series of tests, Ynvisible is currently producing batches of final products for its first commercial projects. First products are being delivered in the coming weeks to international clients. The installed capacity allows Ynvisible to produce up to tens of thousands of units of final product per month, using in large part conventional printing processes. According to Jani-Mikael Kuusisto, Ynvisible's Chief Business Development Officer, 'the set up of Ynvisible's first production line is a major achievement that will allow the company to start delivering commercial projects and test different market applications. In addition, it is also a critical infrastructure for developing and testing future generations of Ynvisible's technologies and products'. Nuno Penedo, Guide's CEO, added that 'Ynvisible's technology brings new life to traditional printed/graphic products. The combination of electronic elements and paper products provides new opportunities to an ancient substrate – paper – and offers an energy boost to the graphic arts and printing industries.' The partners are looking to expand their forms of collaboration, as Ynvisible introduces its technologies and interactive solutions to further production locations and geographical markets. Things Alive – Ynvisible develops and markets interactive solutions for everyday printed items. The company was founded in 2010 with the vision to bring everyday objects and surfaces to life, making them more useful and enjoyable to people. Ynvisible is a spin-out of YDreams (www.ydreams.com) and has been listed on the Frankfurt Stock Exchange since February 2011. For more information on Ynvisible, please visit the company's website: http://www.ynvisible.com Guide is a printing house which has provided printing and design services since 1970. With a strong focus on innovation, the company has always sought to be ahead of the technology curve. For more information on Guide, please visit the company's website: Contacts Investor Relations:
Inês Henriques
Manuel Câmara Press:
Maria Palma
End of Media Release 28.11.2011 Dissemination of a Press Release, 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 |
147806 28.11.2011 |