Flexpoint Sensor Systems Extends Worldwide Distribution with Major Online Retailer
AMAZON Business to soon feature Bend Sensor® products globally
DRAPER, Utah, Feb. 8, 2017 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (FLXT) today announced it is finalizing the registration and on-boarding process to offer a variety of Bend Sensor® products across the Amazon Business and Amazon.com global ecosphere. This distribution and reselling arrangement will dramatically increase brand awareness, improve product availability and drive sales growth of the company's sensor solutions.
Amazon Business was launched in 2015 (successor to AmazonSupply) and currently supports more than 500,000 business entities around the world. It caters to the selling and buying needs of the B2B marketplaces across myriad industries. Both Flexpoint and Flexpoint customers will benefit from the global Amazon reach as well as Amazon's infrastructure and e-commerce capabilities. Amazon requested Flexpoint to feature the Bend Sensor on the Amazon site because of its sensor differentiation and superiority to other sensors.
As Paul Sexauer, Flexpoint VP Sales & Marketing pointed out, "I believe that this channel expansion relationship with Amazon will prove itself a significant milestone in the company's history. The customer reach we will derive from this in combination with our other reseller relationships will dramatically contribute to our overall success, help us exceed our revenue and growth goals in 2017 and position us for continued growth for a long time to come."
The Bend Sensor® products will also be featured and available on Amazon.com which serves millions of individual consumers. Sexauer added, "While these relationships make easily available "standard" sensor solutions, Flexpoint will continue to offer custom, integrated consulting, design, development, manufacturing and fulfillment solutions to customers, thereby fulfilling their unique product application requirements. It is this level of service that makes Flexpoint unique and illuminates the adaptability and wide ranging applicability of the Bend Sensor® technology."
Please visit http://www.flexpoint.com/ for more information.
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's 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.
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
SOURCE Flexpoint Sensor Systems, Inc.
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