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Flexpoint Sensor Systems, Inc.
106 West 12200 South
Draper, UT 84020

Tel: 801.568.5111
Fax: 801.568.2405
Toll Free: 866.766.3539
    





 
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Flexpoint Announces Production under New Purchase Orders

November 19, 2009 8:00 AM ET

DRAPER, Utah--(BUSINESS WIRE)--Flexpoint Sensor Systems Inc. (OTCBB:FLXT ) today announced receipt of two new production purchase orders.

These two unique, unrelated products have been developed by Flexpoint with the assistance of two different companies. Both products feature Flexpoint’s patented Bend Sensor® technology and show the versatility and adaptability of the Bend Sensor®. The first production order involves the use of the sensor as an air-flow flow monitor in a commercial device. The second application is as a controller in a product that will be utilized in major theme parks worldwide.

The company believes that both of these products, once produced and put into operation, will lead to additional ongoing purchases of the sensors and will develop additional sensor business for the Bend Sensor®. Production and delivery of both products are scheduled before year end.

Clark Mower, President of Flexpoint Sensor Systems, stated, “We are pleased to be able to announce these two additional production products. This year the company has been focused on developing smaller production contracts that will introduce products into the market and produce recurring orders for the company. These products are two of many the company is currently developing.”

Mower further explained, “This new direction is mainly in response to the economical downturn that the country has been going through. While the company is still pursuing larger contracts, such as those experienced in the automotive industry, because of the long lead time required for acquiring these large contracts, we felt that we should also pursue smaller contracts that could be realized in a much shorter time frame. The Company sees these two contracts as the first step in that process.”

Flexpoint Sensor Systems, Inc.

Manufacturers 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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