Flexpoint Sensor Systems Reaches International Agreement.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 the company reached an agreement with DG TECH Engineering Solutions to provide Bend Sensors(R) for the DG5-Vhand, a professional and multipurpose mul·ti·pur·pose adj. Designed or used for several purposes: a multipurpose room; multipurpose software. multipurpose Adjective Data Glove A glove used to report the position of a user's hand and fingers to a computer. See virtual reality.  The Data Glove This CyberGlove from Virtual Technologies is an example of a data glove. . Located in Bazzano, Italy, DG TECH Engineering Solutions designs and develops industrial software for the industrial automation, robotics, domotic, and vision fields. The company has incorporated the Bend Sensors(R) into the Data Glove, which among its numerous uses, include interaction with personal computers, replacing a computer mouse, gaming, virtual reality projects, telerobotic applications, and motion capture tasks. Incorporating the Bend Sensors(R) provides affordable price points for mass marketing, reliability, comfort, and programmable software. In addition the gloves feature cables for connection to computers, control boards, bundled software, and PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). compatibility. "Flexpoint has shipped the initial order of sensors for this application which contains vast potential among several fields for the company," commented 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. of Flexpoint John Sindt. "This relationship demonstrates the growing awareness the Bend Sensors(R) is generating both domestically and internationally across numerous markets. Over the next few weeks we will announce similar agreements as we continue to work on final product for several clients." Flexpoint Sensor Systems, Inc. has developed and patented the Bend Sensor(R) technology. The Bend Sensor is a technological breakthrough that offers a superior solution for applications that require accurate measurement and sensing of deflection, acceleration and range of motion. Global market opportunities include automotive, medical, industrial controls, government, health and fitness, security, computer, aerospace, transportation and consumer products. 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion