Flexpoint Announces Additional Orders to Leaders of the Glove Sector

West Jordan, Utah--(Newsfile Corp. - November 10, 2022) - Flexpoint Sensor Systems, Inc. (OTC PINK: FLXT) is pleased to announce additional orders from top virtual reality leaders, Manus, and Idrogenet/Glohrea Flexpoint's Bend Sensor® continues to be highly sought after as the Virtual Reality (VR) market accelerates and the demand for innovative medical equipment grows.

"We are grateful for our longstanding relationship with these two outstanding companies who have applied our patented Bend Sensor® technology into these rapidly expanding and innovative industries. They demonstrate the continuing possibilities that exist with this technology. It is exciting to see the continued growth in these markets, but what is particularly exciting is that these orders represent an acceleration of orders with scheduled deliveries before year-end 2022. There have been, and continues to be, so many advancements in the gaming and medical glove sectors and it is rewarding that Flexpoint's patented Bend Sensor® technology continues to be a leader in these industries," stated Flexpoint's President, Clark Mower. He continued, "We continue to receive orders for future deliveries from these and other recurring customers and have seen the growth of gloves into a significant and regular contributor to Flexpoint's revenue stream."

About Manus VR - https://www.manus-vr.com/

Well known industries and companies are currently using the virtual reality gloves. Manus gloves featuring Flexpoint's Bend Sensor® are assisting in virtual reality, augmented reality, and mixed reality experiments that, for example, train astronauts how to maneuver through the International Space Station in a zero-gravity environment. They value key customer relationships such as BMW, Audi, and Airbus which utilize Manus VR gloves with Flexpoint's Bend Sensor® technology to test drive future models before production has even started. Volkswagen uses Manus VR gloves to give the feeling of a real steering wheel to experience what happens if an accident were to occur. Manus VR has many clients of large industries such as Netflix, Google, and Rolls Royce. Manus VR is widely known for its role in virtual reality gaming and can allow the hands of the user to feel like and be used as controllers.

The Manus VR glove will revolutionize the VR market. It is poised to play a huge role in the on-going virtual reality revolution. Manus VR believes in open innovation through sharing knowledge and experience. The possibilities of the Manus VR gloves are virtually endless and extend far beyond virtual reality.

About Flexpoint Sensor Systems, Inc.

Flexpoint Sensor Systems, Inc. (FLXT) 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® 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.

Please visit https://www.flexpoint.com/ for more information.

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.

Contact Information:

Flexpoint Sensor Systems
Clark Mower, President
801-568-5111

Brokers and Analysts
Chesapeake Group
410-825-3930

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143767

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