Flexpoint Announces
Production Order for a
Safety Product Utilizing
the Bend Sensor®
December 2, 2009 8:00 AM
ETDRAPER, Utah--(BUSINESS WIRE)--Flexpoint Sensor Systems Inc. (OTCBB:FLXT ) today
announced receipt of a
production purchase
order from a Company
located in the eastern
US for a safety product
utilizing their patented
Bend Sensor® technology.
This order is
unrelated and in
addition to the
production orders the
Company announced
recently and involves
production of a modified
version of a presence
detection device to be
utilized in public
transportation systems.
It is a modification of
a product which is
classified as an
automobile safety
system. The system will
feature Flexpoint’s
patented Bend
Sensor® technology. The
company believes that
this product, once put
into operation, will
lead to additional
ongoing purchases of the
sensors and will develop
additional sensor
business for the
Company’s Bend Sensor®.
Production and delivery
of the system is
scheduled before year
end.
Clark Mower,
President of Flexpoint
Sensor Systems, stated,
“We are pleased to be
able to announce this
additional production
contract. This is
continued validation of
our previously announced
focus on developing
smaller production
contracts that will
introduce products into
the market and produce
recurring orders for the
company, while still
pursuing larger
contracts, such as those
experienced in the
automotive industry. We
expect to announce
additional production
orders in the near
future.”
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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