Flexpoint's CEO Receives Technology Innovation Award at Frost & Sullivan's Banquet.DRAPER, Utah Draper is a city in Salt Lake County and Utah County, Utah, United States, located about 20 miles south of Salt Lake City along the Wasatch Front. Between 1990 and 2000 Draper was Utah's fastest-growing city over 5,000 people (as of 2000). -- Flexpoint Sensor Systems Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FLXT FLXT Flex Turn ) today announced through CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Clark Mower mower, farm machine used for cutting grasses and other hay crops. Mowers, drawn by or attached to tractors, or self-propelled, have superseded scythes. The mower is essentially an adaptation of the much earlier reaper. The first commercial mower was patented in 1847. the Company received a 2006 Technology Innovation Award in the field of Sensors at Frost & Sullivan's Ceremony held last week. "This was a great honor for Flexpoint and our Bend Sensor[R] Technology as well as a great opportunity to meet with industry leaders who are interested in learning about our technology and how they can adopt it in their products," stated Flexpoint's CEO Clark Mower. "This award comes with prestige and validates our technology to those who might not have otherwise heard about our sensors." Frost & Sullivan's Technology Innovation Award is bestowed upon a company that has carried out new research that has resulted in innovations that have or are expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. This award recognizes the quality and depth of a company's research and development program as well as the vision and risk taking that enabled it to undertake such an endeavor. "Flexpoint's competency for understanding application requirements can be clearly seen from the technology incorporated in their sensing solutions that has helped the company carve a space for itself in the highly competitive and dynamic sensor technology domain," notes Frost & Sullivan Research Analyst Ankit Shukla. "What differentiates the Bend Sensor and will augment its acceptance are: simplicity, high reliability and most of all versatility; characteristics that are highly sought-after but seldom seen Seldom Seen was a horse that competed at the highest levels of dressage with his rider, Lendon Gray.
adj. Appropriate; suitable; proper. be·fit  ting·ly adv.Adj. 1. this recognition." Flexpoint Sensor Systems, Inc. Manufactures a patented cutting edge flexible sensor, that has also proven to be an extremely durable switch. The single layer Bend Sensor[R] product allows for the measurement of mechanical movement, air flow, water flow or even vibration. It can be used as a range of motion sensor, or as a durable, & reliable switch in most harsh environments. Flexpoint serves numerous industries including automotive, medical, industrial controls & more. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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