DRAPER, Utah, Oct. 6, 2016 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (FLXT) today announced the company has accepted an invitation to participate in collaborative studies focused on the manufacture of Flexible Hybrid Electronics (FHE) displays and other industry applications. As a thought and technology leader of sensor technologies within this prestigious group, Flexpoint will be able to collaborate with numerous, complimentary entities in identifying new technologies which will become commercially successful and deliver value to millions for many years to come.
This initial FHE Pathfinder Study will have Flexpoint pairing with companies such as IQMRI and Design HMI LLC. IQMRI is also part of a prestigious industry group - NEXTFLEX which awards grants for projects emerging from these studies. The experience Flexpoint brings to these studies is deep and rich. According to Paul Sexauer, Flexpoint VP Sales & Marketing, "The aggregate project resume we have developed globally to date, tremendous projects which feature the Bend Sensor® including those attributable to the Human Media Lab (HML) at Queen's University, qualifies us greatly for these efforts. HML projects leveraging the Bend Sensor® interfaced with organic user interfaces such as ReFlex smartphone, Holoflex smartphone and PaperTab are prime examples of how our technology and/or experience can significantly impact the success of these next generation development efforts. We are proud to be able to collaborate with such leaders given their respective areas of expertise and looking forward to realizing the synergies to be had."
FHE initiatives are underway and increasing in numerous vertical markets and industries including automotive, medical, toys, consumer products (telecom, VR/AR, etc) and others. Not surprisingly, these are market areas upon which Flexpoint has repeatedly stated it is squarely focused. Sexauer further commented, "We continue to work meaningfully with consumer electronics manufacturers and others around the world. These types of initiatives and the experience gained from them position us nicely to differentiate ourselves and become an integral part of their commercialized product offerings."
Please visit http://www.flexpoint.com/ for more information.
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.
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.