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Flexpoint Files Patent on Near Market Ready Seat Switch Technology

http://www.forbes.com/businesswire/feeds/businessw [2008-7-10]

Tag : Sensor Switch
Flexpoint Sensor Systems, Inc. (OTCBB: FLXT) today announced thecompany has filed for a provisional patent on a variable speedswitch which utilizes the Bend Sensor(R) technology to control anelectrical motor in the seat.

Seat control devices currently on the market typically arecomplicated assemblies with numerous moving parts controlled eitherby a joystick type device or multiple switches to regulate themovement. These units tend to feature multiple sensors making themcomplicated, heavy and bulky in a time where space and gasefficient vehicles are at a premium.

Additionally, current assemblies are limited in their functionalityoften having just two states on or off; when the motor is on, itruns at a constant speed without offering the ability to preciselydial in the ideal seat position.

"We have filed the necessary documents to protect our interest inthe use of this technology and will now move forward to bring thistechnology to the marketplace," stated Clark Mower, CEO ofFlexpoint. "I firmly believe this technology will land Flexpointits next automotive contract. We are currently negotiating theterms and conditions of a Joint Development Agreement based uponthis device. This agreement will outline the steps required tobring this technology to the automotive industry and result in afinal completed product for sale."

Flexpoint Sensor Systems, Inc.

Manufactures a patented cutting edge flexible sensor that has alsoproven to be an extremely durable switch. The single layer BendSensor(R) product allows for the measurement of mechanicalmovement, air flow, water flow or even vibration. It can be used asa range of motion sensor, or as a durable, & reliable switch inmost harsh environments. Flexpoint serves numerous industriesincluding automotive, medical, industrial controls & 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 unknownrisks, uncertainties and other factors. Such uncertainties include,among others, certain risks associated with the operation of thecompany described above. The Company's actual results could differmaterially from expected results.


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