DRAPER, UT -- (Marketwired) -- 07/09/13 -- Flexpoint Sensor Systems, Inc. (OTCQB: FLXT) (http://www.flexpoint.com/) today announced that it has initiated the process of reviewing existing patents and has been meeting with their patent attorney regarding the filing of additional new or expanded patents and/or upgrading existing patents for the automotive Industry and BendTech..
Given the numerous competitive advantages associated with the technology, Flexpoint has determined that it is in the Company's best interest to obtain additional protections against attempts to copy or pirate their innovative designs.
Clark Mower, President of Flexpoint, stated, "We have spent a significant amount of time in expanding the applications of our patented Bend Sensor® technology and want to make sure that our patents are current and up to date and feel that it is important to make sure that the our proprietary innovations are protected."
Flexpoint Sensor Systems (http://www.flexpoint.com/) 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.
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.
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