iVision Tech and SolidWorld together for the production of technological glasses for the visually impaired

Martignacco (UD) / Treviso, November 12, 2024 – iVision Tech S.p.A., (“iVision Tech” or theCompany”),an Innovative SME and a reality of excellence in “Made in Italy” manufacturing active in the design and production of prescription eyeglass frames and acetate sunglasses, as well as combination eyewear, owner of the historic brand of high-end French eyewear “Henry Jullien” (jointly with the Company the “Group”), listed on the EGM segment of the Italian Stock Exchange and SolidWorld Group S.p.A., a company listed on the Euronext Growth Milan market (ticker S3D) and head of the Group leader in the sectors of industrial 3D design and printing technologies, 3D bio-manufacturing and latest generation machinery lines for photovoltaic panel production, announce that they have collaborated on the iSee project to identify and implement an advanced production process capable of creating high-complexity and precision frames for technological glasses. This collaboration has led to the development of an innovative production solution, supported by the advanced expertise of SolidWorld, culminating in a first success case that demonstrates the effectiveness of such technologies for the intended applications.

As announced during the IPO phase, iVision Tech is pursuing the social initiative iSee to develop glasses equipped with assistive technology, designed to improve the perception and understanding of the surrounding environment for visually impaired individuals, offering users greater autonomy and security.

With integrated expertise from design to production, iVision oversees every stage of the value chain for the iSee project and, thanks to the collaboration with SolidWorld, has adopted cutting-edge solutions that enable prototype and final productions using the latest generation of SLS (Selective Laser Sintering) printing technology, supported by post-processing processes developed internally by iVision Tech and implemented in the production phase.

By optimizing printing density and powder recyclability, the plant represents a sustainable and environmentally friendly process, significantly reducing waste and optimizing cost per part. This approach meets the specific needs of future users and technological requirements, allowing iVision to explore new production possibilities.

Federico Fulchir, Project Manager of iVision Tech’s iSee project, stated: “The partnership with SolidWorld has created a combination of know-how that has allowed us to make a significant step forward in the realization of the iSee device. Thanks to the introduced technologies, we can say that we have completed the entire value chain in creating the technological glasses. From electronics to mechanics, iVision Tech is fully equipped to enter the assistive technologies market. Numerous tests carried out and the increasing presence of these materials at industry fairs confirm that integrating technology into the supply chain not only perfectly suits the purpose but is also applicable to the traditional eyewear business. Thanks to iVision Tech’s R&D, we have also been able to implement innovative production methods and practices for the 3D printing sector.”.

Stefano Fulchir, CEO of iVision Tech, declared: “One of the key aspects that convinced us to use SolidWorld’s 3D printing solutions is the ability to scale the plant in response to future commercial opportunities, thus keeping production ready to support sustainable growth. Additionally, we are very satisfied with the product developed, which has achieved an aesthetic equivalent to that of glasses for sighted individuals, leveraging the lightweight, ductility, and robustness properties of the new materials used. “.

Roberto Rizzo, President and CEO of SolidWorld Group, stated: “This best-in-class technology allows us to reach new levels of productivity, reliability, and precision, offering scalable solutions for complex 3D prints that require a level of customization difficult to achieve with traditional manufacturing but possible with ‘additive’ manufacturing, which produces highly precise products by adding layer by layer of high-quality biocompatible material that is resistant, lightweight, flexible, and stable.”

This press release is also available on the website www.ivisiontech.eu (Investor Relations/Non Price Sensitive Press Releases section), on the website www.1info.it and on the website www.solidworldgroup.it (Media/Press Releases section).

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iVision Tech S.p.A.
iVision Tech S.p.A. (“iVision Tech” or the “Company”), an Innovative SME with its registered office in Milan and production plant in Martignacco (UD), is a reality of excellence in “Made in Italy” manufacturing active in the design and production of prescription eyeglass frames and acetate sunglasses as well as combined eyewear i.e. with acetate fronts and metal temples. The Company operates as a wholesaler in collaboration with major international brands in the luxury fashion industry managing an integrated production cycle consisting of an average of 36 concatenated production processes ranging from hand drawing and/or 3D prototyping to the final stages of assembly and finishing and then proceeding to product packaging. The Company carries out its activities in its own plant of about 5,000 square meters located in Friuli-Venezia Giulia, which represents for the professional level of the specialized personnel, the technologies used and the procedures adopted, one of the cutting-edge realities in the Italian eyewear sector. iVision Tech operates through the “iVision Eyewear” division, which focuses on productions: i) work account – prototyping, engineering and industrialization of the product; ii) full account – processing of the eyewear from the design stage to packaging to delivery; iii) semi-finished – processing of the eyewear only in the finishing and assembly stages. The “iVision R&D” division is dedicated to research and development activities for technological innovations to be applied to eyewear as well as the patented “iSee” product designed for the visually impaired and blind. Since 2023, IVision Tech has also been present on the retail market with the Henry Jullien brand, which was taken over through the acquisition of the MAISON HENRY JULLIEN SAS business unit. Henry Jullien, a French brand with more than 100 years of history, has distinguished itself in the international eyewear market for developing undisputed skills in the manufacture of frames using the Doublé Or technique. As of March 2024, iVision Tech acquired a 60 percent majority stake in IVILENS OOD, a Bulgarian company specializing in the production and marketing of finished and semi-finished ophthalmic lenses. In May 2024, it acquired a 51 percent majority stake in the share capital of Teknoema S.r.l., which has been engineering and manufacturing components and systems in the EMS (Electronics Manufacturing Services) market for more than four decades.

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SolidWorld Group S.p.A. . is the parent of a group of 10 companies operating in the industrial, biomedical and solar areas founded in the early 2000s by engineer Roberto Rizzo. Listed since July 6, 2022 on the Euronext Growth Milan segment of Borsa Italiana (ticker S3D), the Group is a leading developer and integrator of the latest and most comprehensive digital 3D software and hardware for manufacturing companies, supporting and accelerating their journey to Industry 5.0. Thanks to SolidWorld, all stages of production – as far as sale and recycling – are integrated using technologies that make the production process faster and more sustainable and efficient. It operates through 16 offices and 3 technology hubs and has over 220 employees and more than 10,000 client enterprises. In 2023, the Group began mass production of Electrospider, a 3D bioprinter capable of reproducing human cell tissues and organs. The acquisition of Valore BF 3d S.r.l. was finalized in 2023, which SolidWorld saw acquire a new client base. In 2023 it completed the transfer of a technology business unit from Formula E S.r.l., a company of the Vismunda S.r.l. Group, a world leader in automation for equipment focusing on the renewable energy sector which enabled SolidWorld Group to enter the solar market. In the first half of 2024, the SolidWorld Group reported revenues of Euro 30.9 million, value of production of Euro 40.1 million, and EBITDA of Euro 6.3 million.. www.solidworldgroup.it

CONTACTS

iVision Tech S.p.A.
Stefano Fulchir – Investor Relations Manager
E-mail investors@ivisiontech.eu
Tel. +39 04321483801

Media Relation
Spriano Communication & Partners
Fiorella Girardo
E-mail fgirardo@sprianocommunication.com
Tel. +39 348 8577766

Jacopo Ghirardi
E-mail jghirardi@sprianocommunication.com
Tel. +39 333 7139257

SolidWorld Group S.p.A
Elisabetta Cammarata – Investor Relations Manager
investor@solidworld.it

IR Corporate Media Advisor
TWIN
solidworld@twin.services
Federico Bagatella | T. +39 331 8007258
Morena Azzi | T. +39 331 1070477