Flexpoint Receives Purchase Order for Emergency Vehicle Sensors

DRAPER, Utah--(BUSINESS WIRE)--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT ) recently received a follow-up purchase order to their announced contract with Intertek Industrial Corp.  Intertek has incorporated the Bend Sensor® technology into their Protek Passenger Awareness System. 

Medical Beds The Company announced in November of last year that it had executed a long-term Manufacturing Agreement with a major medical mattress manufacturing company, wherein FleThe “smart” passenger safety system is installed in the seats of the rear compartment of Emergency Vehicles and provides the driver with constant feed back as to the “seated and secured” status of personnel in the rear of the vehicle.  The system is currently in use in emergency vehicles in the US and is being tested in applications for other types of emergency vehicles.   It is currently being installed in ambulances and is being tested in fire truck applications by another company. point will manufacture the sensors to be utilized in the medical bed.  The bed is a pressure-managing bed which utilizes Flexpoint Bend Sensor® Technology to precisely identify areas of the body where high pressure skin contact is most vulnerable and redistributing pressure when and where needed. It is the Bend Sensor® Technology that allows the bed to read, interpret and respond to all information. The Company expects to be in production on the sensors for the bed later this year.

“The company’s revenues as a result of the two orders are approximately $120,000.  This is just the beginning of the inroads we are making into this market niche.  While the product is currently installed in about 40 vehicles, it is expected our market for ambulances will reach approximately 1,000 per year.  There is potential for similar annual volumes in other types of emergency vehicles as well.  We are most excited that this is just one of many products which are receiving significant interest in the current marketplace,” stated Clark Mower, President of Flexpoint Sensor Systems.

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.