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Ynvisible Interactive Inc. announces that it has entered into a non-exclusive licensing agreement with RISE Research Institutes of Sweden, a pioneering research institute in the field of printed electronics, with over 20 years of developments in printed electronic displays for a wide range of end applications.
The license agreement covers RISE’s intellectual property rights for printed electrochromic displays and related inks. The deal is designed to complement and further expand Ynvisible’s product offering and build its position as a leading commercial supplier of low-power high volume producible printed electrochromic (EC) display solutions for everyday smart objects and Internet-of-Things applications.
Ynvisible aims to converge RISE technology with its own proprietary technologies, products, and services offering. With the license agreement and its proven high-volume production capability in Linköping Sweden, the Company is now also a go-to-market partner for RISE. The research institute’s clients can work with Ynvisible to bring their printed electronics, and especially the electrochromic display related developments, into high volume production for commercial uses.
“This agreement strengthens our collaboration with RISE and allows us to introduce their inventions into our extensive product and services offering. We see RISE’s inventions enhancing our position particularly in client applications where printed electrochromics is intended to replace more conventional segmented-displays like LCDs,” said Jani-Mikael Kuusisto, CEO, Ynvisible. “With collaborations like this, we are able to accelerate the expansion of our product offering according to our strategic objectives, and to tap into business opportunities emerging from the rich Swedish eco-system in printed electronics.”
“The field of organic electronics has evolved over the years, from the early concepts of paper displays and all-green electronic and iontronic components”, said Duncan Platt, Unit Manager at RISE Printed Electronics. “Electrochromics is one of the key technologies for us and we believe Ynvisible is well positioned to take this technology to market.”
The license agreement combined with the co-operation between RISE and Ynvisible is the latest strategic move from Ynvisible in a series of consistent steps to offer its diverse customer base easy access to market-leading electrochromic display technologies.