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Flexpoint Highlights 2015 Accomplishments and Gives Guidance for 2016DRAPER, Utah, Jan. 14, 2016 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (FLXT) today announced 2015 has been a notable year for the company, positioning itself for a remarkable year in 2016. In 2015, the company expanded relationships receiving several orders from repeat and new customers from around the world and across industries, including medical, such as gloves used in rehabilitation, commercial transportation including seat sensors for buses and cabs, and wearable/gloves for industrial uses; entities that have positioned themselves as pioneers and leaders in the fast emerging IoT (Internet of Things) and IIoT, (Industrial Internet of Things) markets. Customers range from universities and medical companies to those in the virtual gaming, virtual reality and musical arenas. Some accomplishments and notable companies Flexpoint developed relationships with in 2015 included:
Some of Flexpoint's technological advances included:
The company's redirected efforts will result in Flexpoint expecting to complete the following in the first half of 2016:
In the second half of the year, among other things, Flexpoint expects to accomplish:
Flexpoint began the year by attending and having its patented Bend Sensor Technology featured as an Honoree for the Innovation Award with Mettis Trainer® in the Fitness, Sports and Biotech category at the at 2016 CES. Please visit http://www.flexpoint.com/ for more information. About Flexpoint Sensor Systems, Inc. Flexpoint Sensor Systems, Inc. (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 applications in the automotive, safety, medical and industrial industries. The Bend Sensor's single-layer, thin film construction cuts costs and mechanical bulk while introducing a range of functions and stylistic design possibilities that have never before been available in sensing technology. Flexpoint's technology and expertise have been recognized by the world's elite business and academic innovators for over 17 years. The company is setting a new standard for sensing solutions in the "smart" age of technology. 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. Contact Information: Flexpoint Sensor Systems Brokers and Analysts
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/flexpoint-highlights-2015-accomplishments-and-gives-guidance-for-2016-300204213.html SOURCE Flexpoint Sensor Systems, Inc. |