Flexpoint Sensor Systems, Inc. (FLXT) Signs Joint Venture and Marketing Agreement
Earlier this afternoon, Flexpoint Sensor Systems, Inc. announced that it has executed a joint venture and marketing agreement with Victor S.r.l. of Italy for the development and marketing of specialty products utilizing its Bend Sensor® technology for the auto, marine and truck industry in Europe. The Bend Sensor product consists of a coated substrate, such as plastic, that changes in electrical conductivity as it is bent. Electronic systems connect to the sensor and measure with fine detail the amount of bending or movement that occurs. The single layer design of the Bend Sensor eliminates many of the problems associated with…