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Printed and Flexible Sensors Market Growth Accelerating
Date:11/28/2012

versatility and cost savings. Sensors can meet the demand for everything from thin, disposable applications, to products that require low-profile, contoured designs, as well as larger applications that require sensors to function over a large area. Flexible thin film technology can be combined with a variety of substrates and tailored to meet the unique demands of diverse applications. They are making complex healthcare examinations faster and cheaper to perform, adding intelligence to packaging, toys, industrial processes and much more. They will create new markets, going where conventional sensors cannot go.

Another report suggests Global demand for light vehicle OEM automotive sensors will advance 11.8 percent annually through 2014. North America will be the fastest growing region, far outpacing the Asia/Pacific and other regions based on a rebounding US market and higher per-vehicle sensor revenues.

"We are pleased that the media and analysts are arriving at the same conclusion we already knew.   While the markets have taken some time to develop as electronics and electrical components advanced to the stage where much of the functionality and advantages of flexible, thinking sensors could be properly utilized, the future for our industry and our market niches has never looked brighter.  We are confident that we will be able to achieve sizeable growth as the marketplace continues to expand," stated Flexpoint CEO Clark Mower.

About Flexpoint:

Flexpoint Sensor Systems (OTCBB:FLXT) is an innovative technology firm specializing in developing products that feature the Company's patented Bend Sensor® and related technology. The Bend Sensor® is a groundbreaking sensing solution that is revolutionizing applicatio
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SOURCE Flexpoint Sensor Systems, Inc.
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