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Flexpoint Receives Purchase Order for Medical Device Used in Procedure Performed Millions of Times Annually
Date:5/14/2012

manufacturers for a product that they will OEM.  The RFQ is for the manufacture of the entire integrated component, but Flexpoint's sensor is a required component included in all the RFQ's.  It is anticipated that during the next few weeks a decision will be made on the Tier 1 manufacturer and we look forward to supplying the selected supplier in this process with our sensors for their production.  Flexpoint anticipates each new system to be integrated with the Bend Sensor® with annual volumes in excess of 80,000."

About Flexpoint

Flexpoint Sensor Systems (FLXT) is 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. The breadth of applications for our sensor is limited only by one's imagination.

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.

Flexpoint Sensor Systems
Clark Mower, President, 801-568-5111

Brokers and Analysts:
Chesapeake Group
410-825-3930


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SOURCE Flexpoint Sensor Systems, Inc.
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