Safety Products
Award Won by Flexpoint
Technology
January 26, 2010 8:00 AM
ET
DRAPER, Utah--(BUSINESS WIRE)--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT - News),
announced today that
Intertek Industrial
Corporation and Road
Rescue, Inc. received
the Blue Ribbon
Innovation Award for
safety for its “Triangle
of Safety” product, at
the 2009 EMS show
recently held in Las
Vegas, NV.
“This is a
continuation of the
system that Flexpoint
developed in cooperation
with INTERTEK and we are
pleased with its success
and acceptance in the
industry. This award
follows in the tradition
of achievement awards
for Flexpoint and its
products,” stated Clark
Mower, President of
Flexpoint.
“This is a
continuation of the
system that Flexpoint
developed in cooperation
with INTERTEK and we are
pleased with its success
and acceptance in the
industry. This award
follows in the tradition
of achievement awards
for Flexpoint and its
products,” stated Clark
Mower, President of
Flexpoint.
This product combines
technology with the
layout of the patient
care compartment in
emergency vehicles to
create a safer work
environment. The
Triangle of Safety
involves several
different components.
-
An LED display panel
provides the driver
with valuable
information
including red,
yellow or green
LEDs.
-
An additional
audible alarm sounds
when occupant(s) are
seated but not
buckled in.
Crashes involving
ambulances are the most
probable cause of EMS
fatalities. The fatality
rate for EMS workers is
more than twice the
national average. Most
serious injuries and
over 80% of fatal
injuries occur in the
rear of an ambulance
from improperly
restrained, or
unrestrained occupants.
According to The
Federal Bureau of Labor
Statistics, annually an
average of 4,332
Emergency Medical
Technicians, (EMTs), are
injured on the job.
Between 2003 and 2006 45
EMTs were killed and
only 10 of those
fatalities involved
collisions. Additional
statistics suggest that
25% of firefighters
killed in the line of
duty are responding to
or returning from
incidents.
The Company also
recently negotiated a
settlement agreement on
the legal action and
patent encroachment that
the Company filed in
early spring of 2009.
Under the terms of the
agreement, the company
will receive royalty
fees based on sales of
the product.
“We are excited
to continue to receive
recognition as one of
the strongest products
in our field,” Clark
Mower, President of
Flexpoint Sensor
Systems, stated. “We
continue to receive
orders for both of these
systems and anticipate
that we will receive
additional orders this
year and continuing into
the future. We also feel
that it is important
that we have
successfully and
aggressively protected
our patented Bend
Sensor® technology.”
Flexpoint Sensor Systems, Inc.
Manufactures a patented cutting edge flexible sensor, that has also proven to be an extremely durable switch. The single layer Bend Sensor® product allows for the measurement of mechanical movement, air flow, water flow or even vibration. It can be used as a range of motion sensor, or as a durable, & reliable switch in most harsh environments. Flexpoint serves numerous industries including automotive, medical, industrial controls & more.
Forward-Looking Statements
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.
Contact:
Flexpoint Sensor Systems
Clark Mower, 801-568-5111
or
Chesapeake Group
Kevin Holmes, (410) 825-3930
Source: Flexpoint Sensor Systems, Inc.
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