QualityStocks would like to highlight Flexpoint Sensor Systems (OTCBB: FLXT), a leading supplier of thin film sensing technology to many industries, including automotive, medical, industrial controls, and consumer products. Flexpoint manufactures a patented new flexible sensor that has also proven to be an extremely durable switch. The single layer Bend Sensor product allows for the measurement of mechanical movement, air flow, water flow, or even vibration. In addition, it has been tested to over 35 million cycles without failure. It can be used as a range of motion sensor, or as a very durable, very reliable switch in most harsh environments.
In the company’s news yesterday,
Flexpoint Sensor Systems announced that it has received follow-up orders from its long-standing clients, Bridgepoint and Intertek.
Bridgepoint, a provider of solutions and supplies used for cleaning, deodorization, surface protection, and restoration chemicals, has a nationwide distribution network. The company uses the Bend Sensor® in an air-flow monitoring device for a commercial floor dryer.
In addition to placing additional orders, Bridgepoint will also promote Flexpoint to “Premier Vendor” status, which is expected to solidify and extend the companies’ relationship. As a Premier Vendor, Flexpoint will be eligible to expand the number of products it sells to Bridgepoint.
Intertek, a company providing a diverse line of products primarily in automotive supplies, has ordered more of Flexpoint’s seat sensors for use in Interek’s patented Protek Passenger Awareness system. The ambulance system will be featured in the December 2012 issue of World Business Magazine, which the companies anticipate will drive “considerable” awareness to the system.
“These orders contribute to Flexpoint’s growing momentum heading into 2013. We are pleased to see follow-up orders from these two great partners. While we are concentrating on delivering several larger scale orders in the coming months, we believe business from repeat clients is a strong indicator of the benefits of our product,” Flexpoint CEO Clark Mower stated in the press release. “The size of the orders from both these companies seems to be increasing in both frequency and size, a very positive sign for the future. We look forward to rising to premier vendor status with Bridgepoint, and we are excited to see Intertek’s system receive high-profile media exposure. These developments reflect the overall uptick in activity that we see among our partners and clients, and we anticipate that we will see that activity translate into large orders from multiple clients during the next few months.”
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