N@N

Flexpoint Announces Advancement in Electronics

^{Published on 2010-08-11 05:16:26 - Market Wire}
 

DRAPER, Utah--([ BUSINESS WIRE ])--Flexpoint Sensor Systems, Inc. (OTCBB: FLXT) [ http://www.flexpoint.com ] announced that they have made a significant advancement in the software used to measure the results of impact on their patented Bend Sensor^®.

"This development makes it possible to use our technology on a number of applications that previously would have been difficult to measure with sustainable and reliable results"

Clark Mower, President of Flexpoint Sensor Systems, stated, aAnother piece of the impact detection puzzle has been completed. Drift due to environmental factors and various non-impact related influences have previously caused issues with impact recognition in some applications. An algorithm has been developed by our Engineering staff that allows us to compensate for the drift and still detect the impact.a

aThis development makes it possible to use our technology on a number of applications that previously would have been difficult to measure with sustainable and reliable results,a stated Korey Curtis, Electrical Engineer for the Company.

Mower continued, aThis is a significant breakthrough for our technology and will help us to drive revenue and product sales going forward. This allows us to increase our potential customer base and gives us another competitive advantage. We will likely see a number of new customers that have been waiting for this for some time.a

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.