Thursday, August 9, 2012

Flexpoint (FLXT) Seeks Partnership to Develop New Seat Occupancy Systems

Responding to “urgent” demand, company revamps sales efforts and looks for partners to co-develop turnkey seating solutions

Flexpoint Sensor Systems Inc., a supplier of thin film sensing technology, today announced that, in recognition of growing demand for seat occupancy systems, it is seeking industry partners to co-develop complete turnkey solutions for new systems that could be implemented in a wide array of settings, such as in buses and theaters.

Flexpoint said that, while it has worked with partners on similar systems in the past, its role was as a supplier of sensor technology. Under the guidance of the company’s new sales manager Troy Buys, Flexpoint now wants to take on a more direct role in both development and sales of its own system.

“We have seen an urgent demand for occupancy systems over the years, but we have not been able to offer a full, turnkey-style solution in the past,” Flexpoint CEO Clark Mower stated in the press release. “As part of our reinvigorated sales effort, we are taking the lead on projects like these to ensure that this demand is being met. We feel our experience and skill ideally situate us to provide reliable, accurate solutions to occupancy detection needs. We have had discussions with partners who have indicated an interest in participating in this process.”

Flexpoint lead engineer David Beck said that the company has already conducted the most important development work in its previous projects, and that the important issue now at hand is to find the ideal partner to complete the work.

For more information visit www.flexpoint.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: