Scottsdale 7/12/2012 10:35:00 PM
News / Finance

Flexpoint Sensor Systems (FLXT) in Talks with Leading Industrial Firm for Bend Sensor® Project

QualityStocks would like to highlight Flexpoint Sensor Systems (OTCBB: FLXT), a leading developer of thin film sensing technology to many industries, including automotive, medical, industrial controls, and consumer products. Flexpoint's patented flexible sensor is a single layer Bend Sensor that accurately measures mechanical movement, air flow, water flow, and vibration. It has been tested to over 35 million cycles without failure and can be used as a range of motion sensor, or as a very durable switch in most harsh environments.

In the company’s news yesterday,

Flexpoint Sensor Systems announced it is in discussions with one of the world’s largest industrial firms regarding a security mat that uses Bend Sensors® to track and differentiate types of traffic flow in and out of buildings or venues.

Flexpoint said it is being represented by an experienced industry insider as it continues talks with the unnamed industrial firm.

The mat is equipped with a sensor that can differentiate between foot traffic and other moving objects, such as a dolly, and can be used for a variety of unique applications in a wide range of venues. The sensor can even determine weight measurements, such as if a person walking across the mat is carrying an unusually heavy load.

“We are excited by the prospect of entering yet another industry with our Bend Sensor technology,” Flexpoint President Clark Mower stated in the press release. “From a security standpoint, there is considerable value in developing new technologies to track and monitor foot traffic. Companies have a keen interest in staying a step ahead of the curve, and our Bend Sensor technology provides a really unique solution with this security mat.”

About QualityStocks

QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net 

Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net  

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.