PV Nano Cell, Ltd. (OTCQB: PVNNF) (“PV Nano Cell” or the “Company”), an innovative producer of conductive digital inks, announced today, in cooperation with its partner CPC Solutions Ltd. (“CPC”), the commencement of sales of the first digitally printed products with Sicrys™ inks which have been qualified by customers.
CPC Solutions is a turnkey solution provider for Human Machine Interface (HMI) headwear and has been a collaboration partner of PVN Nano Cell for the past couple years. PV Nano Cell’s first beta digital printer was installed in CPC Solutions during 2017. CPC Solutions has identified market needs for digital additive printing and has created a highly qualified target list for commercialization. PV Nano Cell and CPC Solutions are in the final round of system optimization and upgrades in parallel of end user samples and production.
PV Nano Cell Chief Executive Officer, Dr. Fernando de la Vega, commented, “We are very pleased with the cooperation with CPC and its very experienced and high quality team. We are both moving forward in the learning curve to implement digital printing processes to produce mass production products. CPC’s initial products sales successfully being qualified by customers is an extremely positive proof of concept. We are encouraged that this will lead us to achieve our 2018 goals, which is to drive commercialization. We believe our differentiated complete solution is ideal for digital printing of electronics and we are well positioned to take advantage of an increasing amount of opportunities in our targeted markets together with our partners such as CPC Solutions.”
CPC Solutions Ltd. VP Sales & Marketing, Shai Cohen, commented, “CPC’s vision is to be a leader in HMI electronic design & implementation. Digital printing is a focus area to expand our capabilities. We have already started manufacturing some products, which in the past were done by costly technologies. We are receiving positive customers feedback. We are thrilled by the cooperation with PVN, which is opening new alternatives to high volume production of electronic devices through their Sicrys™ inks and their Razor/razorblade business model.”