Ynvisible Interactive Inc. announces the expansion of its license from the Research Institutes of Sweden (RISE) a leading research institute in the field of printed electronics. The amended license agreement includes exclusive worldwide rights to key patent families around printed electrochromic devices and displays. The exclusive license strengthens Ynvisible's market position as a leading provider of printed e-paper display products.

Ynvisible first announced a non-exclusive license agreement with RISE on June 23, 2020; the deal was 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. In 2021 the Company carried out a technology transfer process from RISE and Printed Electronics Arena (PEA) research facilities to Ynvisible's production facilities in Portugal and Sweden. With proof of scalable industrial production and positive client responses to the technology, in 2021, Ynvisible began developing a printed e-paper display product offering based on the RISE technology.

On March 2, 2022, the Company announced the release of the lowest energy-consuming printed e-paper display on the market. As part of the exclusive license, Ynvisible and RISE will further strengthen their R&D collaboration to develop and commercialize the next generation e-Paper products. Ynvisible has secured developments from RISE's team of globally leading experts in printed electrochromics to enhance current and next-generation products of the technology.

With the market success, the parties expect to extend this work further. In addition to purchasing R&D services from RISE, the Company will pay RISE annual license fees and royalties that are in line with electronics industry standards.