Flexpoint Achieves Technological Advancements
DRAPER, Utah, Sept. 25, 2013 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (http://www.flexpoint.com/) today announced they have made advancements in the electronics and software it utilizes in many of its individual products.
These technologies include among other things, miniaturized printed circuit boards, (PCB's), cutting edge wireless communication systems, long life miniature batteries, blue tooth technologies and "smart phone" interface. These technologies have immediate application in sport shoes, sports related equipment, infant and adult mattresses and medical related devices, such as the colonoscope currently under development for Haemoband. One of the advantages is that the Company is developing several projects that can benefit from these technologies and therefore spread the costs over multiple projects. The use of related technologies in multiple applications should also shorten the development time required for the projects involved.
Clark Mower, President of Flexpoint stated, "It is exciting to be working with a series of experts to incorporate cutting edge technologies into many of our projects. It has been exciting to see the applicability of similar technologies in so many things that we are doing and will allow us to adapt the technology into many of our applications with very little change in the basic components. Coupled with the wide spread use of smart phones and the ability to communicate with currently available technologies, our products offer significant advantages and cost savings to potential users and should enhance their acceptability. We look forward to bringing these products to market and believe that many of them will be available by early next year."
Flexpoint Sensor Systems, Inc. (FLXT), (http://www.flexpoint.com/) 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.
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
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