Sports Related Products
Featuring Flexpoint Bend
Sensors®
March 18, 2010 8:00 AM
ETDRAPER, Utah--(BUSINESS WIRE)--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT )
announced they have made
significant advances in
the development of
several sports related
products featuring the
Company’s patented Bend
Sensor(R) technology.
Advanced prototypes have
been delivered to our
client and successful
demonstrations of the
products have recently
been completed.
Currently our client is
involved in ongoing
discussions and
negotiations with
several major equipment
manufacturers and
distributors The Company
anticipates that
development on one or
more of the products
could be completed and
the product brought to
market before the end of
the year.
The sports shoes will
measure distribution of
weight, and weight
transfer during the
monitored event and will
give real time
information about the
movement of the person,
weight transfer and
timing. This can be
used in training and may
also be used to help
people who have little
or no feeling in their
feet with walking since
it can be configured to
give some other sensory
feedback when the foot
hits the ground.
The sensor and
technology have also
been used for running
and bowling shoes and is
adaptable to bowling
gloves and golf club
shafts. The products
will be used to help
measure and improve an
individual’s
performance. Several
prototypes of the shoes,
gloves and golf club
shafts have been
completed and
demonstrated to major
equipment manufacturers.
“I believe that the
golf shoe will be the
first of the products to
market. Demand for golf
training devices is ever
increasing. There are
over 26 million golfers
in the US with
approximately 5 million
golfers who play over 25
rounds a year. We are
excited to be able to
deliver multiple sports
related products to the
market. Bowling and
golf have millions of
enthusiasts looking for
improvements to their
individual performance
and we believe that
these new products will
offer inexpensive
technology for that
purpose. The products
have generated
enthusiastic response
every time they have
been discussed with
individuals within the
selected industries.
With millions of
potential customers and
the feedback we are
receiving from the
marketplace, this
product could easily
achieve millions of
dollars in annual
sales,” 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.
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