Flexpoint Sensor Systems, Inc. Receives Large Purchase Order for Use in Multiple Glove Applications
DRAPER, Utah, Oct. 8, 2015 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (FLXT) has recently received purchase orders from Virtual Motion Labs (VML) and others for glove applications totaling more than 8,000 sensors. Flexpoint expects further purchase orders from these wearables customers in this quarter in excess of 15,000 sensors.
Flexpoint has completed several small orders for Virtual Motion Labs in the past. This and future orders mark a significant increase in the quantity of sensors VML has ordered.
"VML has used other company's sensors in the past and they are well aware of our competitor's products. VML has chosen Flexpoint and Bend Sensor® for its reliability, functionality and versatility. We not only offer a superior sensor, but also a richer partner experience. We can provide off the shelf sensors as well as custom sensor systems for unique customers like VML," mentioned Paul Sexauer, V.P. of Sales and Marketing.
VML's data gloves are used in many applications including virtual reality, motion capture, animation applications, robotics, rehabilitation as well as many other uses. Some of their customers include NASA, the U.S. Department of Defense and several universities.
"It's amazing to see the Bend Sensor® being used in many wearable applications across so many industries and we are diligently working to continue to expand our reach into diverse projects," Mr. Sexauer continued.
Please visit http://www.virtualmotionlabs.com/ for more information on Virtual Motion Labs.
Please visit http://www.flexpoint.com/ for more information on Flexpoint.
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'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.
Forward-Looking Statements
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.
Contact Information:
Flexpoint Sensor Systems
Clark Mower, President
801-568-5111
Brokers and Analysts
Chesapeake Group
410-825-3930
SOURCE Flexpoint Sensor Systems, Inc.
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