Ynvisible displays add new functionality to
Circuit Scribe Science Technology Engineering and Math (STEM)
learning kits. The new product within the Circuit Scribe product
line will be on sale for Holiday 2021.
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, announced that it is beginning
commercial production and supply of its electrochromic displays for
STEM learning leader Circuit Scribe. As a result of Ynvisible and
Electroninks partnership (announced in 2019), Electroninks’ new
STEM learning kit will go on sale in the United States, Canada and
the United Kingdom for Holiday 2021.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210909006209/en/
Circuit Scribe's new STEM learning kit
will go on sale in the United States, Canada and the United Kingdom
for Holiday 2021. (Photo: Business Wire)
In 2013 Electroninks launched Circuit Scribe, a line of
educational kits designed to help children learn about electronics.
Circuit Scribe STEM kits are based around using a conductive ink
pen to draw electrical connections between electronic components.
The Circuit Scribe brand is now a well-known name in STEM
education, Maker Faires, for project based learning and educational
toys and in schools and households worldwide.
“Circuit Scribe began with an idea, the idea that we could make
STEM learning fun and accessible to all. Now partnered with
Ynvisible we look forward to taking our product to the next level
by encouraging students, teachers and all individuals to expand
their interest in transformational electrochromic technology.” -
Dr. Brett Walker CEO/Co-Founder.
"Together with Electroninks, we are fulfilling our commitment of
bringing electrochromic technology to a wide audience. We are
starting with grade-school learners, their parents, and teachers,"
begins Michael Robinson, CEO of Ynvisible Interactive.
"Ynvisible's ultra-low-power and durable displays enable new
product innovation and experiences within our 'Smart Play' customer
vertical. Integration of our displays into learning tools, games,
and toys makes for fun technology learning for students, provides
practical educational modules for teachers, and kickstarts new
product ideation for our customers."
The revenue of the global Science, Technology, Engineering &
Mathematics (STEM) toys market is expected to grow by USD 964.09
million during 2021-2025. The growth in educational robots, coding,
and smart toys is expected to drive the market's growth momentum
will accelerate at a CAGR of 4.65%. (Techanvio, 2021)
DESIGNER COLOR DISPLAYS SUPPORT GROWTH
According to two independent market study reports, the
monochrome display market was 110 million USD in 2019, less than 1%
of the total display market, including color displays.
Ynvisible has developed new Designer displays containing
displays in different colors in playful colors and shapes.
Customers can purchase a Designer kit to explore new options
available.
"Electrochromic displays have not been seen in the consumer
space until Ynvisible. Our Designer displays support our customers'
brand experiences and innovation roadmaps," comments Petteri
Stromberg, Head of Category Sales at Ynvisible Interactive.
About Electroninks
Electroninks' headquarters and primary production facility is in
Austin, Texas, with a deep knowledge base in materials science,
chemistry, and design focused on providing materials, inks, and
products for consumer electronics devices, including its own
consumer products. Electroninks novel chemistries and formulation
know-how is based on a brand of particle-free inks and pastes that
can directly replace nanoparticle and flake-based metallic inks and
films. Electroninks philosophy is that pure metallic films are the
best way to increase performance, reliability and overall cost of
manufacturing and ownership. Its inks are based on small-molecule
chemistries. Resulting films can be printed via digital methods and
industry-standard roll-to-roll techniques. Since its founding,
Electroninks has been adopted into the consumer electronics supply
chain and developed its own entire consumer product line, Circuit
Scribe. Additional information on Electroninks is available at
www.electroninks.com;
www.circuitscribe.com
About Ynvisible Interactive Inc.
Ynvisible is a leader in the emerging printed and flexible
electronics sector. Printed electronics are a key enabler of mass
adoption of the Internet of Things ("IoT") and smart objects, given
the cost and power-consumption advantages over conventional
electronics. Ynvisible has 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, & easy-to-use
electronic displays and indicators for everyday smart objects, IoT
devices, and ambient intelligence (intelligent surfaces). Ynvisible
offers a mix of services, materials and technology to brand owners
developing smart objects and IoT products. Additional information
on Ynvisible is available at www.ynvisible.com
ON BEHALF OF THE BOARD OF DIRECTORS "Michael Robinson,"
CEO, Ynvisible Interactive Inc.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210909006209/en/
For further information, please contact: Elyssia
Patterson, Manager of Investor Relations +1 778-683-4324
ir@ynvisible.com
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