 Hi, I'm Sri Perwimba for Vision Act. This is Vision Act CEO Mateh Zahlar. We're going to talk to you about some new applications using electronic paper. Mateh, what is the first product that you have in your hand? So this is an indoor sign, obviously digital. We're using electronic paper to show content. For instance, this one will work for more than a year in a single charge. It can be easily attached to any surface using the magnetic mounting. Use the sheet, stick it to anything, put the device on for a year or even more in one battery charge. So applications here are very much endless, like your imagination is the limit. So the device that we have here is called Joan, the product called Joan. It's a signage device used for showing the status of the conference room or meeting room. So you know, is it booked or not, what's even inside. And again, using the magnetic mount can be easily attached to any surface. It connects with Google Calendar or Outlook or any other calendar service. The difference from all the other meeting room signage stuff is that this one's battery powered. No cables, no wires, very easy to install and use. It's plug and play, no drilling, no hammer. You can even put them on a glass wall. You can even put them on a glass wall, anything. And you can be up and running in mere minutes, few minutes, and that's it. So how did Visioneck get started? What is your core capability? So we started in 2007 and we started developing a platform that will enable any signage company to use low power displays in a new signage application. So we're focusing on indoor and outdoor signage, building the platform, the electronics, the communications. What about software? Also software, of course. And for an indoor product like Joe, have you had the opportunity to showcase it in public? Have you won recognitions for this kind of unique technology? Yeah, we did get quite a lot of recognitions. In January we got the CES Award for Innovation Award for this. And then we got the Red Dot Design Award, which is similar. Of course there's awards in between as well, so this is going pretty well. So for a product like this, which presently is used or intended for signage, you know, for conference room and so on, can you use the same things, for example, in a museum setting? We did the bigger devices, the 9.7 inch. We used the same museums for digital labels. Instead of paper labels now you can use digital labels. Particularly when these museums have a lot of exhibits that constantly change, it's much easier to change this, isn't it? Yes, exactly. And the other nice thing about museums, if they have a lot of exhibits, there are a lot of products that you can potentially market into a museum. Have you got any installations in museums? We have a few museums now. The front runner was the Houston Museum of Arts. They're already doing some demos now, testing, validating the technology. It's been going pretty well. So the cool thing is because now this can be interactive, so you can change languages and content on the fly and so on. So many things that previously you couldn't do with the paper static information. Well, I've been involved with ePaper for a long time and I'm so happy to hear about these kind of products that are finally being realized there in applications, which are quite interesting. How about outdoor type products? Do you make products for outdoor type applications? Okay, the outdoor is a bit different story than the indoor. And the outdoor, we work with integrators, with signage companies that build final products. But we provide them the whole technology, the platform to do that. So projects are anything from, I don't know, bus stops. We support many, a lot of different cities from London, Singapore, even back home, Ljubljana or capital, Slovenia. And in the bus stop, what information does it actually show? It shows ETAs. And those signs are pretty awesome because they're solar powered, basically they're self-sustainable. The only thing you need to do is bring the display to the point where you need ETA and that's it. Because we have GPS inside and 3G communication, the sign itself will know exactly where it is and will show the content. And it's powered via solar and that's it. No wires, no cables, no nothing. So these bus operators, obviously the benefit is they can use existing infrastructure. They don't need to do any special cabling and things like that. Plus you provide free power literally via solar panels. What about in terms of increase in people using their services because of these kind of signage? Do you have any evidence? We have some information that ETAs, I mean with digital ETA can increase for quite a few percent. I think from 3 or 5 to 7 percent it will increase the amount of people using the transportation. Outside of the bus stop itself, what I've noticed in a lot of these buses, you can barely read the signage on the bus itself. Say where it's going or where it's headed or what the bus number is. Because many of these displays are not sunlight readable. That's something you can do, can't you? So, yeah exactly. One of the advantages of course is the sunlight visibility, which is great with electricity. And lately, even with some destination lines in the buses where now instead of paper or some other technology, the electronic paper is being used. And here for instance, this is road signs that are now deployed throughout Sydney showing some special information about parking signs. Before this was very confusing in Sydney. Now with this application we kind of let people know when they can park or not park. The good thing again with this signage is it's self-sustainable. In fact, it has small solar cells. No wires, no cables, easy to install. That's the key. And it's perfectly visible even on direct sunlight. So you can take this from the street signs to bus stops to probably put them in train stations. And because it's so light and the fact that it requires so little power and sunlight readable, can you mount them on an aftermarket kind of application on vehicles maybe behind a truck? Is that something that you could do? We even had some applications where I think, okay, this is another bus stop in Vietnam where we were using electronic paper to show before static information and now this is digital. But yes, we did have some application applications doing advertising on the back of road trucks. So again, no power, very easy to read application. So many, many different applications. And all of this technology for this end product is all made by your company Vision Act. And you have engineering, R&D, including manufacturing, assembly and everything in-house. Manufacturing is outsourced to our partners but we do all the development in-house. Correct. So yeah, manufacturing is being done. We have some assembly being done back in our country in Slovenia but also in China. Some parts are being done here in Germany also. So all over the place. Looks like you've deployed products in the US, you've deployed them in Europe and all over. Yes. So what is the next step for Vision Act? If it is your vision for Vision Act, where would you like to see both these indoor products and outdoor products go? What kind of application markets are you targeting? So generally we target the signage. But we're not going that much into advertising but more into information to museums, hotels, outdoor bus stops, train stations and so on. It makes perfect sense because you're not trying to do video or that kind of a thing. You're providing very useful information. So in your devices, when you compare them with LCD, how much lower power is it? It's roughly less than 1% of power being used by devices like this one compared to LCD or LED devices. So otherwise it's like you save 99% compared to more than 99%. That's just fantastic. That makes the product more than 99%. It makes it so much unique particularly for those cities that are trying to be green, those companies and applications that are trying to be green as well. In green cities, smart cities is a big thing nowadays and everybody is trying to develop something in that direction. You can enable all of these kinds of products. Excellent. Thank you so much. Thank you, Sri.