21:16:58 EDT Fri 11 Sep 2026
Enter Symbol
or Name
USA
CA



Ynvisible Interactive Inc
Symbol YNV
Shares Issued 164,506,317
Close 2026-09-10 C$ 0.08
Market Cap C$ 13,160,505
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Ynvisible notes Sapphiros plans 2027 product launch

2026-09-11 18:15 ET - News Release

Mr. Ramin Heydarpour reports

YNVISIBLE ADVANCES COMMERCIAL PROGRAM WITH SAPPHIROS, ANNOUNCES CFO APPOINTMENT AND ADOPTION OF SEMI-ANNUAL FINANCIAL REPORTING

Ynvisible Interactive Inc. has provided an update on its strategic collaboration with Sapphiros, a consumer diagnostics company developing next-generation digital diagnostic tests for global markets.

Sapphiros is progressing through clinical trials, with completion expected in the fourth quarter of 2026, while advancing regulatory, product optimization and manufacturing scale-up activities toward a planned 2027 commercial launch.

Ynvisible's ultralow-power e-paper displays are integrated into the diagnostic platform, and the companies are working together to prepare for high-volume production. Based on current projections, commercialization volumes could reach the high millions of units annually, representing a significant long-term opportunity for Ynvisible.

"Our collaboration with Sapphiros continues to make strong progress toward commercialization," said Ramin Heydarpour, chief executive officer of Ynvisible. "With clinical validation advancing and manufacturing scale-up under way, we believe this program is positioned to become one of Ynvisible's most significant high-volume health care applications."

Chief financial officer appointment

The company is pleased to announce the appointment of Ines Parames as chief financial officer, effective Sept. 1, 2026. Over more than four years with Ynvisible, Ms. Parames has taken on progressively broader responsibilities across the company's global finance function, most recently directing the company's finances for the past two years, and has demonstrated strong financial leadership throughout her tenure. Her deep familiarity with the company's operations, together with her record of strengthening financial planning, controls and reporting, positions her to provide continuity and disciplined financial stewardship as Ynvisible advances into commercial-scale production with Sapphiros and other key customers.

The company also announces that Darren Urquhart has stepped down as chief financial officer, effective Aug. 31, 2026, after serving in the role since 2018.

"I am pleased to welcome Ines to the role of chief financial officer," said Ramin Heydarpour, chief executive officer. "Having worked closely with our leadership team for several years, she brings strong financial expertise, continuity and valuable insight into our business. I am confident that Ines will play an important role in executing our strategy and supporting Ynvisible's continued growth. On behalf of Ynvisible, I would also like to thank Darren for his invaluable service and contributions over the past eight years. We wish him every success in the future."

Adoption of semi-annual financial reporting

Additionally, the company has voluntarily elected to adopt semi-annual financial reporting under the program introduced by the Canadian Securities Administrators.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

The first quarterly interim period for which the company will rely on the exemption, and will not be filing interim financial reports and related management's discussion and analysis is the third quarter of 2026, ending Sept. 30, 2026.

The company's decision to move to semi-annual reporting is intended to optimize corporate resources and lower administrative and regulatory compliance costs associated with quarterly schedules, allowing management to dedicate further capital and focus to commercial execution and driving growth. Following the third quarter 2026 period, Ynvisible will continue to provide thorough communication to shareholders through regular operational updates and press releases, alongside its mandated semi-annual interim financial statements and audited annual financial statements.

We seek Safe Harbor.

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