YPB Group Limited announced that it has made application to the Apple iOS and Google Play App Stores for public release of the MotifMicro (MM1) App. The App will be made available publicly for the first time for B2B use by the Company's partners. Over the past several months and based on feedback and guidance from YPB's partners, extensive updates have been made to the MM1 App leading to this release. The Company believes this is a material development and milestone because this will be the first ever release on an "App Store" of the MotifMicro application allowing wide and simple access to the App by partners. Previously, the MotifMicro App had to be directly
sent to user's phones using an ID or IMEI of the phone to be used. The widened availability will not in itself generate revenue as the revenue associated with MotifMicro is derived from the sale of YPB's proprietary microparticles which are incorporated in inks, plastics and other production substrates. YPB has currently contracted 4 paid trial partners in Australia, SE Asia, India and the Middle East. The Company believes that each of these trial partners require this access and this access can speed adoption with such partners. The App now supports Android V9 and iPhone X and later due to the development of a Camera calibration feature which makes very wide adoption possible (especially for Android). The App now hosts a vastly improved user interface plus a significantly enhanced detection model based on AI principles to allow detection of MotifMicro particles in real world conditions with an unmodified smartphone.