Science & Technology
Science and Technology
Science and Technology
Wed, January 26, 2011
Flexpoint and Victor Developing Specialty Auto Products
DRAPER, Utah--([ BUSINESS WIRE ])--Flexpoint Sensor Systems, Inc. (OTCBB: FLXT), [ http://www.flexpoint.com ], announced that it is developing specialty products with Victor S.r.l. of Italy, [ http://www.victor-equipment.it ], for the auto and truck industry.
Flexpoint is developing custom sensors to be used in steering wheels equipped with Victora™s patented RimSense Technology, an innovative sensing system hidden inside the steering wheel rim which can provide a variety of safety related functions. Flexpoint is adapting its patented Bend Sensor® Technology into custom switches to be incorporated into the controls mounted on the steering wheel. Victor develops a wide variety of products for use in automobiles and trucks for both its OEM and retail clientele.
Massimo Rabaglino, Managing Director of Victor S.r.l., stated, aVictor clearly sees an excellent opportunity to integrate Flexpointa™s patented Bend Sensor® in the Victor RimSense system. This will potentially provide an extremely compact and cost-effective but precise and sensitive sensor, a basic requirement for automotive's next generation driver fatigue detection systems that require reliable signals from the steering wheels related to driver activities.a
Clark Mower, President of Flexpoint, stated, aVictor is on the leading edge of product and process innovation and provides retail and OEM customers throughout the world with masterfully designed and engineered products. Their innovation and creativity coupled with the versatility and capability of our sensors provides a unique opportunity for both Companies to continue to develop products on the cutting edge of automotive technology. We are excited about the opportunity to be working with companies like Victor throughout the world. We look forward to having a fully integrated and functional product to begin marketing during the next few months. This is just another example of the recognition and acceptance of our technology by the automotive industry.a
About Victor S.r.l.
Victor S.r.l. of Italy is a 30 year old diversified company located in Verona, Italy. Thanks to their abilities in design, technology and processing of high quality materials, Victor grew from the hand-crafting steering wheel company it was to one that today offers a wide range of products for the automotive, truck and marine industries.
Leading edge product and process innovation is providing Victora™s retail and OEM customers with masterfully designed and engineered products. Aluminum, stainless steel, leather, wood and composite materials are forged into the shapes and colors that clearly differentiate Victor products from the rest of the field.
As an indicator of the future progress in steering wheel design and technologies, Victor is also proudly presenting the patented RimSense Technology, an innovative hydrotronic sensing system hidden inside the steering wheel rim which can be used to provide a variety of safety related functions.
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.
