DRAPER, Utah, Jan. 18, 2018 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (FLXT) announces they were well represented at this year's annual Consumer Electronics Show (CES). This years' show spotlight was clearly on specific hot trends such as robotics, virtual reality/augmented reality (VR/AR), wearables, consumer electronics featuring OLED flexible displays, smart cities technologies and IoT, as well as advances in automotive technologies.
According to Paul Sexauer, Flexpoint Vice President of Sales & Marketing, "Flexpoint is no stranger to our partners/customers having standout, award winning CES experiences. All of the hot trends represent rapidly growing and highly targeted Flexpoint market segments. We are proud to be partnering with so many innovative and inventive product designers and commercially successful companies."
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Coming off of last years' award winning 2017 CES experience, South Korea-based Neofect this year featured an expanding product solution set based on the Rapael Smart Glove System for medical rehabilitation and a newly released product offering - Newman. Global product sales for Neofect grew significantly in 2017. This growth was reflected in the placement of multiple purchase orders with Flexpoint in 2017 to help them fulfill demand. This growth trajectory remains strong entering the new year and promises to eclipse 2017. Rapael, featuring an array of Bend Sensors®, represents an advanced medical IoT application with current FDA approval and a growing global customer base of clinics, hospitals and "out of clinic" patients who can leverage the Rapael and Newman platforms during day to day life.
Netherlands-based Manus VR, whose design leverages the Bend Sensor®, is recognized by many as having developed the industry's most advanced glove system. They were welcomed back as a special partner/guest of a major consumer VR/AR hardware manufacturer into their private showcase. Peripheral controllers such as the Manus glove system supporting the various VR/AR headset platforms are of great interest to users, (B2B and gamers), as they try to "maximize the VR/AR experience."
CES 2018 clearly showed the bright future of consumer electronics featuring OLED "flexible" displays. For the last few years, Flexpoint has demonstrated value-add, applicability and, adaptability of the Bend Sensor® to these emerging technologies. Interactions at this years show promise to deliver real results in the months to come and represent one of the brightest growth markets for the company.
ZeroUI continued its exhilarating rise to fame as an inventive robotics/toy kit manufacturer whose product features a Bend Sensor® driven glove. A CES 2016 award winner, the Ziro™ stood out yet again at CES 2018. 2018 marks an inflection point for ZeroUI as their mass product commercialization efforts progress.
Focal Wellness, although not an exhibitor, was on hand to promote their wearables technologies to a broad array of customers. 2018 will prove to be a very special year for them and, subsequently, Flexpoint in both the medical/orthopedic and sports wearables markets.
Sexauer further commented, "Our future is getting brighter and brighter as our partners develop exciting and unique technologies with the Bend Sensor®. We continue to stay focused on those markets where we are differentiated and add value. This will ensure our success!"
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
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