This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Flexpoint Sees Progress On Promising Commercial Applications

DRAPER, Utah, May 29, 2012 /PRNewswire/ --  Flexpoint Sensor Systems, Inc (OTCBB: FLXT), today discussed development of the 16 commercial applications currently using Bend Sensor technology, ranging from safety systems to medical devices.   

Over the past several months, Flexpoint has seen its Bend Sensor's reputation for performance, durability and uniqueness cemented through intensive testing and growing demand for use in a large and growing array of products and devices, including many related to safety. The 16 companies currently using and ordering custom made Bend Sensors are developing products that are progressing through advanced stages of development with several on the verge of entering highly lucrative commercial markets.

Bend Sensor technology is a key component in a developing safety system for ambulances, garbage and commercial truck applications that will likely soon be mandated for use in all such vehicles.

"We are seeing our strategy of developing proof of concept through commercial applications continuing to yield results," said Flexpoint President Clark Mower. "There are few applications more demanding of performance and reliability than those pertaining to safety and health. It is rewarding to see the acceptance and the efficacy of our patented Bend Sensor technology for clients in these diverse applications."

These applications are poised for rapid growth, and any of the applications could produce a major annual contract after years of testing and development.  

"As we continue to generate confidence in the Bend Sensor's elite durability and performance, we strengthen our position with prospective clients, and we are confident we will see our product expand into many other industries and products," Mower said. "The bottom line is we believe the products we have in the market and on the horizon could take off at any time, representing millions of dollars in potential revenues, and are only the beginning for the Bend Sensor." 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs