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Ynvisible Interactive (YNVYF) Signs Exclusive North American Distribution Agreement with Display Logic

Friday, July 30, 2021 11:37 AM | Slav Kandyba

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Ynvisible Interactive (YNVYF) Signs Exclusive North American Distribution Agreement with Display Logic

What’s going on with YNVYF?

Ynvisible Interactive Inc. (YNVYF), an Internet of Things (IoT) company, announced it signed an exclusive North American distribution agreement with global display distributor Display Logic to offer its electrochromic displays, drivers, driving protocols and ECD kits to customers in the U.S. and Canada.

YNVYF shares dipped 4.57% and are trading at $0.48 per share on Friday afternoon.

What does this mean for Ynvisible Interactive?

Ynvisible’s displays help deliver the Internet of Things with visual, viable, and scalable displays in packaging, products, devices, and surfaces.

"The agreement between Ynvisible Interactive and Display Logic means that new, North American customers can unlock entirely new capabilities and products," said Tommy Höglund, VP of sales and marketing of Ynvisible. "Display Logic and our customers know the value of continually innovating their products and services, and Ynvisible's end-to-end development capabilities and pilot to scale manufacturing capabilities fill a much-needed gap that existing displays cannot."

"Display Logic's main strategy is to provide our customers with the latest display technology consistently. Our customers trust our ability to help drive their innovation pipeline and to deliver robust component supply strategies," said Keith Morton, founder and CTO of Display Logic. 

"Three short months ago, our sales team called Keith Morton for feedback on a display kit he had purchased," said Michael Robinson, CEO of Ynvisible Interactive Inc. "Earlier this month, we engaged with Keith as an advisor based on his incisive feedback. In the past three short weeks, Keith and Display Logic's extraordinarily competent sales team realized the benefits of Ynvisible's displays. The Display Logic sales team engaged us to bring this product directly to their customers."

Morton will continue to serve on the Advisory Board of Ynvisible Interactive Inc. while Richard Ellinger will continue his role as Ynvisible's dedicated U.S. sales representative.

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