Ynvisible Receives Order from Leading At-Home Diagnostics Customer for New 10M+ Unit Application

Rhea-AI Summary

Ynvisible Interactive (YNVYF) has secured a significant follow-on order from a returning customer in the at-home medical diagnostics sector. The order includes over 10,000 display units for a new at-home diagnostic test application, different from their previous collaboration. The customer projects annual volumes to exceed 10 million units once commercialized, with product launch planned for the second half of 2026. Ynvisible's ultra-low power, thin, flexible e-paper displays are specifically designed for disposable diagnostic tests. The global at-home diagnostic testing market, currently valued at $12.73 billion (2023), is expected to reach $22.1 billion by 2030, driven by increasing chronic diseases, convenience demands, and technological advancements.

Positive

• Secured follow-on order from existing customer, demonstrating product satisfaction
• Expected annual volumes to exceed 10 million units upon commercialization
• Product launch planned for H2 2026, indicating clear commercialization timeline
• Operating in growing market projected to reach $22.1B by 2030

Negative

• Initial order size of 10,000 units is relatively small
• Product launch not until H2 2026, indicating long commercialization timeline
• Customer identity and specific product details undisclosed due to confidentiality

News Market Reaction – YNVYF

-4.15%

1 alert

-4.15% News Effect

On the day this news was published, YNVYF declined 4.15%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Order Marks Expansion into a Novel Application with Expected Steady-State Volumes in the Millions Annually

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) (the "Company" or "Ynvisible"), a leader in printed e-paper display technology, is pleased to announce it received a follow-on order from a returning customer in the rapidly growing at-home medical diagnostics market. The new order, comprising more than 10,000 display units, will be used in a novel at-home diagnostic test, distinct from the application previously announced by the Company.

The e-paper displays delivered by Ynvisible will support a new generation of at-home diagnostic tests, building on the success of the initial collaboration and reaffirming Ynvisible's role as a trusted partner in delivering clarity, readability, and user-friendly information to the point-of-care diagnostics market. According to the customer's long-term projections, this new device is expected to reach more than 10 million units annually once commercialized, signaling a major growth opportunity for Ynvisible. The customer plans to launch this new product in the second half of 2026, following ongoing development and regulatory processes.

"This follow-up order for a novel application signals not just the satisfaction with our first product but also the increasing demand for reliable and cost-effective display technologies in the fast-growing at-home diagnostics market, which is worth more than USD 12 billion," said Ramin Heydarpour, CEO of Ynvisible. "We're excited to continue supporting our customer as they bring their innovative healthcare solutions to market, and we look forward to scaling with them as demand grows."

The global market for at-home diagnostic testing is expanding rapidly. In 2023, the market was valued at USD 12.73 billion, with projections estimating it will grow to USD 22.1 billion by 2030 (https://www.maximizemarketresearch.com/market-report/at-home-testing-market/189935/). Several factors are driving this growth, including the increasing prevalence of chronic diseases, the demand for greater convenience, and technological advancements in diagnostic tools.

Ynvisible's ultra-low power, thin, flexible e-paper displays are ideally suited for disposable diagnostic tests where power constraints, readability, cost and integration flexibility are essential. These characteristics align perfectly with the evolving needs of the healthcare diagnostics market, particularly in applications designed for consumer use outside of traditional clinical settings.

Due to confidentiality agreements, Ynvisible cannot reveal the customer's name or disclose the specific design and functionalities of the product at this time. These agreements are crucial to protecting the customer's competitive advantage, reflecting the strategic value and significance of this collaboration.

About Ynvisible

Ynvisible is disrupting the low-cost and ultra-low-power display industry thanks to the latest advantages in sustainable electronics and roll-to-roll printing production. Ynvisible's printed e-paper displays are ideal for low-power and cost-sensitive applications, such as digital signage, smart monitoring labels, authenticity and security, and retail labels and signage. Ynvisible has the experience, know-how, and intellectual property in electrochromic materials, inks, and systems and 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

Ramin Heydarpour
CEO and Executive Chairman

Ynvisible Interactive Inc.
For further information, please contact:
Investor Relations
+1 778-683-4324
ir@ynvisible.com

Public Relations
pr@ynvisible.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252697

FAQ

What is the size of Ynvisible's (YNVYF) new display unit order for at-home diagnostics?

The initial order comprises over 10,000 display units, with projected annual volumes exceeding 10 million units once commercialized.

When will Ynvisible's (YNVYF) new at-home diagnostic product launch?

The customer plans to launch the new product in the second half of 2026, following development and regulatory processes.

What is the market size for at-home diagnostic testing?

The global at-home diagnostic testing market was valued at $12.73 billion in 2023 and is projected to grow to $22.1 billion by 2030.

What type of displays does Ynvisible (YNVYF) provide for diagnostic tests?

Ynvisible provides ultra-low power, thin, flexible e-paper displays specifically designed for disposable diagnostic tests.

Who is the customer for Ynvisible's (YNVYF) new diagnostic display order?

Due to confidentiality agreements, Ynvisible cannot disclose the customer's identity or specific product details.