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grasshopper34

10/07/10 4:21 PM

#108 RE: $tock Rev #38

Indeed:


Clark Mower, President of Flexpoint, stated, "We are experiencing significant interest in the automotive industry for products utilizing our patented Bend Sensor® technology. This interest has come from both automotive manufacturers and suppliers. A manufacturer has contracted with the company to develop and manufacture a sensor for a product that utilizes our technology and which will be featured in the upcoming L.A. Auto show in November. I am excited about the progress and the acceptance these products are receiving. These recent developments indicate that the auto industry understands and realizes the value of our sensor technology now more than ever and I feel confident that we are moving toward applications that are leading to multiple long-term production contracts."