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SOURCE Flexpoint Sensor Systems, Inc.
DRAPER, Utah, Oct. 10, 2013 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (http://www.flexpoint.com/), today announced they are progressing on the development of a custom flow sensor utilizing their patented Bend Sensor® technology. The application involves the scaling down of a flow sensor to detect air flow in an enclosed area. The initial testing of prototypes has demonstrated the ability of the miniature sensor to detect flows in a confined space and leaves both parties optimistic and committed to move forward with the project. The next stage will involve the connection of the sensor to the required electronics and should be completed before the end of the year.
"This is another example of companies who have a specific need and look to Flexpoint's unique technology and its adaptability to so many different applications to meet their needs. We have been working with the agent for a Fortune 500 Company who initially contacted us to see if our technology could be scaled down to work in their application. This is similar to the sensor application being commercially produced for Bridgewater, LLC. We are excited by the results to date and are aggressively working to complete development of the sensor. The client has indicated the potential of annual volumes of several million sensors and could be in production by mid next year," stated Clark Mower, President of Flexpoint.
Flexpoint Sensor Systems, Inc. (FLXT), (http://www.flexpoint.com/) is an innovative technology firm specializing in developing products that feature the Company's patented Bend Sensor® and related technology. The Bend Sensor® is a groundbreaking sensing solution that is revolutionizing applications in the automotive, safety, medical and industrial industries. The Bend Sensor's single-layer, thin film construction cuts costs and mechanical bulk while introducing a range of functions and stylistic design possibilities that have never before been available in sensing technology. Flexpoint's technology and expertise have been recognized by the world's elite business and academic innovators for over 17 years. The company is setting a new standard for sensing solutions in the "smart" age of technology.
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
Flexpoint Sensor Systems
Clark Mower, President
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