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 Receives Additional Orders From Bridgepoint And Intertek

DRAPER, Utah, Dec. 10, 2012 /PRNewswire/ --  Flexpoint Sensor Systems, Inc. (OTCBB: FLXT) today announced that it has received follow-up orders from long standing clients Bridgepoint and Intertek. The orders will be completed and shipped before the close of the year.

In addition to its order, Bridgepoint is promoting Flexpoint to Premier Vendor status, which will cement the relationship between the two companies for years to come. As a Premier Vendor, Flexpoint will also be eligible to expand the number of products it sells to Bridgepoint.   

Bridgepoint has been a leading provider of solutions and supplies used for cleaning, deodorization, surface protection, and restoration chemicals for 30 years. The company is based in Salt Lake City, and has a nationwide distribution network. They use the Bend Sensor® in an air-flow monitoring device for a commercial floor dryer.  

Intertek has placed an order for more seat sensors, which are used in its patented Protek Passenger Awareness system. Intertek and its award winning ambulance system, which utilizes Flexpoint's sensors as an essential element, will be profiled in the December 2012 issue of World Business Magazine. In response to the rise in injuries and fatalities that result from emergency vehicle crashes, national legislation has been proposed that would mandate inclusion of a system similar to Intertek's in all ambulances. The legislation could go into effect as early as 2013. This article is expected to bring considerable exposure to the system and provide momentum for the product.

"These orders contribute to Flexpoint's growing momentum heading into 2013.  We are pleased to see follow-up orders from these two great partners. While we are concentrating on delivering several larger scale orders in the coming months, we believe business from repeat clients is a strong indicator of the benefits of our product," said Flexpoint CEO Clark Mower. "The size of the orders from both these companies seems to be increasing in both frequency and size, a very positive sign for the future. We look forward to rising to premier vendor status with Bridgepoint, and we are excited to see Intertek's system receive high-profile media exposure. These developments reflect the overall uptick in activity that we see among our partners and clients, and we anticipate that we will see that activity translate into large orders from multiple clients during the next few months."    

About Flexpoint:Flexpoint Sensor Systems (OTCBB:FLXT) is an innovative technology firm specializing in developing products that feature the Company's patented Bend Sensor ® and related technology.  The Bend Sensor ® is a groundbreaking sensing solution that is revolutionizing applications in the automotive, safety, medical and industrial industries. The Bend Sensor's single-layer, thin film construction cuts costs and mechanical bulk while introducing a range of functions and stylistic design possibilities that have never before been available in sensing technology. Flexpoint's technology and expertise have been recognized by the world's elite business and academic innovators for over 17 years. The company is setting a new standard for sensing solutions in the "smart" age of technology.      

About BridgepointBridgepoint has been a leading provider of solutions and supplies used for cleaning, deodorization, surface protection, and restoration chemicals for 30 years. The company is based in Salt Lake City, and has a nationwide distribution network. They use the Bend Sensor® in an air-flow monitoring device for a commercial floor dryer.  

About IntertekIntertek Industrial Corporation in Jacksonville, Florida is a privately held company established in 1992.  Intertek provides a diverse range of products to various industry segments with a concentration in Automotive Supplies. 

Forward-Looking StatementsThis 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 Information:Flexpoint Sensor Systems – Investor Relations Contact: Chris Mumford801-568-5111

Brokers and Analysts:Chesapeake Group410-825-3930

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


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs