MIGDAL HA’EMEK, ISRAEL, Dec. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – PV Nano Cell, Ltd. (OTCQB: PVNNF) (“PV Nano Cell” or the “Company”), an innovative producer of conductive Sicrys digital inks and dispersions, for printed electronics and 3D inkjet printing, announced today that it had a very successful IDTechEx show held in Santa Clara, CA USA on November 14th to 15th, booth P30. PV Nano Cell launched its first generation Printed Electronics dedicated printer PEJet I and created great interest around its mass production complete solution approach.
PV Nano Cell’s Chief Executive Officer, Dr. Fernando de la Vega, commented, “We had a very successful and challenging two days of intensive exhibition. Even though it seems that the fire’s in CA lowered the amount of participants in the exhibition as shown from the 92 visitors to our booth (versus 112 last year), the people that came to our booth really meant business. 25% of the visitors expressed interested in our “complete solution” approach, and 5 of them are considering implementing digital printing in mass production applications. Our Sicrys™ ink family and “complete solution” approach is generating major interest. Our partnership with Diptech/Ferro for which we had a poster in the booth, the first ever mass production digital printing of electronics on wide format glass, not only is ramping up (customer doubled their orders recently) but also created a lot of interest from other like companies. As we announced prior to the exhibition, we launched the sales of our integrated Prototype, design and R&D unique printer PEJet I in the exhibition. 21 visitors were really interested in the special offer we had for first adaptors – we are following up and expect a few to purchase the printer.” Moreover, de la Vega commented: “We are very happy with our 2018 revenue results which increased significantly year over year, primarily due to new contracts this year and due to the revenue derived from Digiflex Ltd, our fully owned subsidiary purchased on December 3, 2017”.
Evyatar Cohen, the Company’s CFO, added: “We are working hard to continue such increase in 2019 as well. Keep tuned!”
IDTechEx is one of the world important events for the Printed Electronics community, bringing end users and suppliers together. Assessing end user requirements, the latest diverse technology capability and all the opportunities of printed, flexible and hybrid electronics. With over 3500 attendees, more than 270 exhibitors and at least 250 valued presentations. Read more at: