Flexpoint Today Announced An Update On Progress With Automakers
DRAPER, Utah,
June 5, 2012 /PRNewswire/ --
Flexpoint Sensor Systems, Inc. (OTCBB: FLXT) today announced that its patented Bend Sensor® has passed a Fortune 500 automaker's difficult advanced-stage test for a major car component. Flexpoint is confident that its technology will clear the remaining hurdles and that a large annual contract will follow.
"This is one of the most demanding, limit-pushing testing cycles that this major automaker performs and we were gratified to see our technology perform so strongly," said Flexpoint President Clark Mower.
Work with another Fortune 500 auto manufacturer also continues to progress, including discussions of new ways to incorporate Bend Sensor technology into more car components.
"Once our partners begin working with Bend Sensor technology, they often find ways to adapt it for new uses and to replace old, more expensive components," Mower said. "This process of expansion, while exciting, spells more waiting time as new rounds of testing are required for each new use of our technology. But the potential for an expanded contract is well worth the wait."
About Flexpoint
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
