$FLXT Pr OTC $0.089 Milestone Achievements wi
Post# of 63688
OTC $0.089
Milestone Achievements with Major Toy Manufacturer
and additional purchase orders for Wearables
Shares Outstanding: 58.83M
Float: 50.47M
% Held by Insiders: 14.09%
% Held by Institutions: 0.30%
Shares Short (as of Dec 31, 2009): 43.00K
Headlines
Flexpoint Sensor Systems, Inc. designs, engineers, manufactures, and sells bend sensor technology and products using its patented Bend Sensor flexible potentiometer technology. The companys Bend Sensor technology is a flexible potentiometer bend sensor product consisting of a coated substrate, such as plastic that changes electrical conductivity as it is bent in a consistent manner. It provides various products for automotive industry applications, including horn switches, seat belt reminders, pedestrian impact detection sensors, comfort seats, and braking systems, as well as alertness detection systems for incorporation into steering wheel assembly. The company also offers products for use in shoes, emergency vehicles, flow control applications, medical beds, disposable colonoscope devices, industrial control systems, medical equipment and instrumentation, computer peripherals, automotive transmission equipment, commercial vending equipment, and other devices. Flexpoint Sensor Systems, Inc. sells its products to original equipment manufacturers, manufacturers, or distributors worldwide. The company was formerly known as Micropoint, Inc. and changed its name to Flexpoint Sensor Systems, Inc. in July 1999. Flexpoint Sensor Systems, Inc. was founded in 1992 and is based in Draper, Utah.
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