Flexpoint Sensor Systems and southern Focal Wellness initiated a collaborative design relationship in late 2016.
Focal Wellness enters commercialization phase of wearable device featuring the Bend Sensor® for those with carpal tunnel syndrome |
| [24-October-2017] |
| DRAPER, Utah, Oct. 24, 2017 /PRNewswire/ -- Flexpoint Sensor Systems Inc. and southern California-based Focal Wellness initiated a collaborative design relationship in late 2016. Today, Focal Wellness is preparing for the market adoption of a number of now fully patented and patent pending wearable technologies in various stages of development. Focal Wellness’ first product offering is a wearable sleeve/glove targeting the vast number of people who suffer from carpal tunnel syndrome. The unique medical IoT wearable device with Actionable Instantaneous Feedback™ technology measures, and monitors an individual’s wrist position. Carpal tunnel syndrome (CTS) is estimated to affect 5% of the US population - approximately 16 million people. CTS is a compressive neuropathy condition responsible for substantial annual costs to society, both in terms of lost productivity and the costs of treatment. According to Mr. Jock Thompson, Focal Wellness Founder and COO, “The technology Flexpoint offers along with their very talented Engineering team are key to our rapid development efforts and successful production rollout. We have found the Bend Sensor® to be quite unique and adaptable to the various products we are bringing to market. We needed a partner like Flexpoint to help realize our vision.” In addition to the health applications, Focal Wellness will soon announce their innovative sports and safety wearables that will appeal to millions all over the world. Some of these innovations will be on display at the 2018 CES (Consumer Electronics Show) in January 2018. Flexpoint continues to develop relationships with world-class inventors that are dramatically changing the models of wellness and quality of life. Paul Sexauer, Flexpoint VP Sales and Marketing, states “Flexpoint is very proud to be partnering with Focal Wellness. The adaptability of the Bend Sensor® continues to impress and demonstrates its true uniqueness. This relationship with Focal Wellness is the first of many key agreements with outside partners/customers that will advance in Q4 2017.” Please visit http://www.flexpoint.com/ for more information. About Focal Wellness Based in San Diego, CA, Focal Wellness, Inc has developed patented sensor technology that provides Actionable Instantaneous Feedback™ for the better prevention and treatment of certain musculoskeletal disorders. Focal Wellness sensors will in many cases minimize the need for rigid braces or specialized observation. 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. 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 Brokers and Analysts Focal Wellness View original content:http://www.prnewswire.com/news-releases/flexpoint-sensor-systems-inc-receives-purchase-orders-to-supply-sensors-for-a-variety-of-health-fitness-and-safety-wearables-300541859.html SOURCE Flexpoint Sensor Systems, Inc. | ||
Company Codes: OTC-BB:FLXT, OTC-PINK:FLXT, OtherOTC:FLXT |
