Flexpoint Supplies Sensors for Gaming Platforms
July 6, 2011 8:00 AM
ET
DRAPER, Utah,
July 6, 2011 (BUSINESS WIRE) -- Flexpoint Sensor Systems, Inc. (OTCBB: FLXT)
http://www.flexpoint.com today announced
that they are producing sensors to be utilized by a leading toy manufacturer in the production of a "virtual reality" gaming platform. The project is in the early development stages, but shows again the versatility of the patented Bend Sensor® technology.
Clark Mower, President of Flexpoint stated, "We have long thought that the Bend Sensor is ideally suited for this type of application and are exited about the development of this product. With the advent of action and virtual reality games that use platforms to capture the movement of participants, the capabilities of the bend sensor technology are readily adaptable to these applications. The gaming industry is huge. It is estimated that 190 million household will have the next generation of video consoles by 2012 and, if just a portion of the market can be captured by this Company and supplied by Flexpoint, it would mean significant ongoing revenue for years to come."
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About the Bend Sensor:
www.flexpoint.com/companyInfo/bendSensor.htm
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Brochure:
www.flexpoint.com/technicalDataSheets/FlexpointBrochure1.pdf
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.
Flexpoint
Sensor Systems
Clark Mower,
President, 801-568-5111
Brokers and Analysts:
Chesapeake Group
410-825-3930
Source: Flexpoint Sensor Systems, Inc.
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