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Flexpoint Announces Theater Seat Purchase Order

^{Published on 2010-12-09 05:50:38 - Market Wire}
 

DRAPER, Utah--([ BUSINESS WIRE ])--Flexpoint Sensor Systems, Inc. (OTCBB: FLXT) [ http://www.flexpoint.com ] today announced receipt of a production purchase order for sensors to be used in theater seats. Flexpoint not only designed and produced the custom sensors utilized in the system, but has developed and will produce the electronic controls for the system. The systems in the initial purchase order are scheduled to be completed and installed in a theater before the end of the year.

Clark Mower, President of Flexpoint stated, aWe are excited about this project and with the potential for growth in the future. It is gratifying to see acceptance of our patented Bend Sensor^® technology in so many diverse and varied applications. The Company has been so involved in the development of automotive products and applications during the last half of the year that it is easy to lose sight of the fact that there are so many non automotive applications for our technology. This is just one of the many sensors that the Company has developed over the years. We are continuing to produce and developing new applications regularly. It is nice to see this breakthrough in an industry that we have felt was such a natural fit for our sensors.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.