Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. ALERTS, HOT STOCKS & CHARTS Message Board

FLXT News .095 Flexpoint Taxi Tracking Sensor Test

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 145174
Posted On: 06/18/2012 9:07:11 AM
Avatar
Posted By: lucyinthesky

FLXT News .095 Flexpoint Taxi Tracking Sensor Tested to 100% Accuracy


2012-06-18 08:00 ET - News Release



-- Growing need for taxi accountability systems is global in scope



DRAPER, Utah, June 18, 2012 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (FLXT)  today discussed a report by Cooperation for urban mobility in the developing world (CODATU) detailing a passenger tracking system Flexpoint developed in association with a South African Company that uses Bend Sensor® technology to make public transportation more efficient.


When configured specifically for each vehicle, the system can identify passenger counts in certain taxis with 100% accuracy and averages 85-95% accuracy overall. The Bend Sensor's highly durable, single layer construction made it the perfect fit for this system in part because it can be so easily adapted to different vehicles without losing accuracy.


"This report provides a clear picture of how our unique technology is being utilized in an innovative solution to taxi efficiency," said Flexpoint president Clark Mower. "The system described is highly accurate and is similar to technologies we have in development around the world.  Accurately accounting for ridership is a growing need, particularly in emerging areas of the world that rely heavily on public transportation, such as many African and South American countries. The system is not only needed for taxis and smaller carriers, but also is effective in larger buses and conveyances that are used on routes in remote locations."


Flexpoint is currently exploring the possibility of developing a full "plug and play" version of this system for easy installation. There is a large and unmet need for taxi efficiency systems world-wide. The system has already generated interest and inquiries from companies in Africa and South America.




(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us