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Flexpoint Receives Purchase Order for Custom Sensor

^{Published on 2010-08-17 05:15:29 - Market Wire}
 

DRAPER, Utah--([ BUSINESS WIRE ])--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT), announced that they have received a purchase order to manufacture 500 custom sensors utilizing their patented Bend Sensor^® technology.

aThe order is for a multibillion dollar Company with a variety of products and applications and a worldwide presence. They are completing testing and have requested production quotes, timing and guarantees for long term supply. It is an ideal application for our technology and could lead to a significant production contract and the development of additional products for them,a stated Clark Mower, President of Flexpoint Sensor Systems.

Flexpoint Sensor Systems, Inc. manufactures a patented cutting-edge flexible sensor that has also proven to be an extremely durable switch. The single-layer Bend Sensor(R) product allows for the measurement of mechanical movement, air flow, water flow or even vibration. It can be used as a range of motion sensor, or as a durable and reliable switch in most harsh environments. Flexpoint serves numerous industries including automotive, medical, industrial controls and more.

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.