Flexpoint Announces
Additional Airline
Applications
March 11, 2010 8:00 AM
ETDRAPER, Utah--(BUSINESS WIRE)--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT )
http://www.flexpoint.com
today announced that
they are working with
additional contractors
in the airline industry
who contacted Flexpoint
on additional airline
applications utilizing
its patented Bend
Sensor® technology, The
US airline industry
includes about 500
companies with combined
annual revenues in
excess of $250 billion.
The Company has
completed initial
development of a seat
impact detection sensor
for aircraft and sensors
have been sent to the
contractor and are
currently undergoing
further testing. The
Company is also working
with contractors for the
development and use of
sensors in another
application on interior
systems for commercial
airplanes. With these
new applications the
Company is now involved
in applications ranging
from sensors in
hydraulic systems to
internal safety
systems. In January of
this year, the Company
announced they are
working with a major
airline manufacturer in
the development of a
“poppet valve” to be
utilized in the
hydraulic systems of
aircraft and that the
company is also working
with the manufacturer of
aircraft flight
simulators on the
incorporation of a Bend
Sensor® as a Passenger
Presence Detection
device in simulators
used for pilot training.
Clark Mower,
President of Flexpoint
Sensor Systems, stated,
“We are pleased to
announce that we are
working with new
potential customers who
are contractors and
suppliers currently
providing parts and
products into the
airline industry. We
continue to receive
confirmation of the
applicability of our
technology into a
variety of industries
and these additional
applications of our
technology are both
similar to, and yet
uniquely different, from
other applications. Both
applications have the
potential of being
placed in multiple
locations throughout the
aircraft and have the
capability of being
utilized in both new
aircraft and potentially
as a retrofit
replacement or
additional application
in existing aircraft.
We anticipate some of
these developed
applications being
utilized in the next
6-12 months. There are
tens of thousands of
airplanes in the US
alone."
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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