From a sales model perspective, the interview revealed an intent to also expand the reseller and distributor ecosystem the company had previously started in order to accelerate the scalability of the business in Flexpoints' target markets as well as a few others that have emerged as new growth markets for the company – consumer products, electronics, industrial (IIot), etc. According to Mr. Sexauer, "Flexpoint is developing these channels to scale to meet the evolving and growing market demands for our technology as well as meet & exceed our business goals."
The interview session also reiterated a commitment to maintaining the differentiating factors that make Flexpoint unique both technologically and culturally. Mr. Sexauer added, "The Flexpoint team has demonstrated itself to be a value added resource to literally every one of our customers. We absolutely have to and plan to maintain this differentiation if we are to be successful over the long haul."
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About Flexpoint Sensor Systems, Inc.
Flexpoint Sensor Systems, Inc. (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® 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
Brokers and Analysts
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SOURCE Flexpoint Sensor Systems, Inc.