Ynvisible listed on the Open Market of the German Stock Exchange February 9th
Ynvisible,created in January 2010 as a spin-out of Lisbon-based YDreams, for the development of new technologies in printed electronics, has listed its shares on the First Quotation Board (Open Market) of the German Stock Exchange today. Ynvisible’s ISIN: PTYRS0AM0001.
YD Ynvisible, S.A. was officially constituted in January 2010 and will be listed on the German Stock Exchange on February 9th after raising capital from both portuguese and foreign investors. The company’s goal is to become a world-leading developer of electrochromic displays which may be printed on any surface or object, including paper, plastic, glass, ceramics, wood-based materials and cork. Ynvisible is targeting the mass production of electrochromic displays that are printed, flexible, transparent, low power, sunlight-readable and low cost.
Ynvisible’s technology will add differentiating value to several already existing markets at a disruptively low cost. Already at a very advanced stage of development, the first products featuring Ynvisible’s technology on plastic surfaces are expected in 2011. These may include interactive advertising on magazines, packaging, and point-of-sale displays, among others.
In the future, the company expects to develop displays in a variety of other surfaces, allowing for products such as ‘magic’ walkways made of cork, with visual effects triggered by movement, wood-based furniture pieces that alternately display calendars or games, and paper books or magazines with dynamic animations.
“In addition to the wide range of target applications for Ynvisible’s technology, the printed electronics market, a field where Ynvisible aims to become an important player, is expected to grow significantly over the next few years,” explains Inês Henriques, Ynvisible’s CEO. “According to Frost & Sullivan, the Printed Electronics market size is estimated to grow to about $50B in 2015 and to $290B in 2025”.
In 2008, YDreams attracted a number of industrial and academic partners to create a research consortium focused on developing new functionalities based on interactivity for materials such as paper, cork, concrete, glass or laminates. The resulting association, the Invisible Network (IN), includes portuguese leading industrial groups (such asGrupo Portucel Soporcel, Sonae Indústria, Corticeira Amorim, BA Vidroand Secil), high tech companies (such as Innovnanoand Plux), and research centers (such as the Photochemistry and Supramolecular Chemistry Groupfrom FCT/UNL, the 3Bs Groupfrom the University of Minho, and CENTI). Ynvisible plays a critical role within this network, as the leader of the research efforts that are being undertaken to develop new interactive technologies for the above mentioned materials.
Parent company YDreams is Ynvisible’s main shareholder; other investors include portuguese conglomerates SEMAPAand CUF,and members from the business association NERSANT. Upon listing on the German Stock Exchange, Ynvisible will be backed by designated sponsor biw Bank für Investments und Wertpapiere executed by Silvia Quandt & Cie AG.