Card Access Sources Bend Sensor® Technology from Flexpoint

Firms Combine Efforts Using Flexpoint’s Patented Sensor Technology for Home/Hospitality/Commercial Automation and Aging-in-Place Markets

DRAPER, Utah--()--Flexpoint Sensor Systems, Inc. (OTCBB: FLXT) http://www.flexpoint.com announced an additional order for Bend Sensors® from Card Access, Inc. for use in their patent-pending Card Access Smart Pressure Sensor™.

The Card Access application uses the Bend Sensor and Bend Sensor Technology in a patent-pending, jointly developed enclosure for the new Card Access Smart Pressure Sensor. The Smart Pressure Sensor is an easy-to-use occupancy sensor used in home automation, commercial automation and hospitality automation markets. The Smart Pressure Sensor measures the change in distributed pressure when a chair, a bed, or a sofa is occupied.

Card Access’ proprietary calibration learning mode allows dynamic adjustment of the sensor’s response levels. The Card Access Smart Pressure Sensor form factor and calibration delivers superior control and flexibility when compared to many other non-adjustable occupancy sensors—most of which are only reliable in very limited applications.

Card Access Smart Pressure Sensors are also used in the company’s new CloseBy Network (www.closebynetwork.com) elderly remote monitoring system. Launched in January 2010, CloseBy Network combines multiple passive wireless sensors (including the Smart Pressure Sensor), software and a secure web application into a “Care Network” for remote monitoring of elderly loved ones. Caregivers choose what activities and locations to monitor and who receives notifications (text message, email message, website monitoring) about the elderly person’s activity levels.

CloseBy Network is part of an emerging category of “aging-in-place” technologies—products and services allowing the elderly to remain living in their own homes as safely and independently as they can for as long as they can. Two Card Access Smart Pressure Sensors are included in every standard CloseBy Network system—ideally used to monitor an elderly person’s bed or favorite chair for occupancy state.

The need for these aging-in-place technologies is real and global in scope.

A report titled “An Aging World: 2008” produced by the National Institute on Aging and the U.S. Census Bureau shows that by 2018 older people will outnumber children for the first time. It forecasts that over the next 30 years the over-65 segment of the population almost doubles moving from 506 million in 2008 to 1.3 billion—leaping from 7% of the world’s population to 14%. The number of people in the world 65 and over is increasing at an average rate of 870,000 people each month. Women are living on average seven years longer than men, and almost half of all women 65 and over are on their own. The consequent issues of loneliness and access to care that ensues are significant.

“For CloseBy Network to deliver a better solution for caregivers and their families to enjoy better quality of life, we are relying on Flexpoint’s Bend Sensors in our sensor systems to remotely and accurately provide monitoring information,” said Kent Hansen, Card Access CEO. “We jointly developed the Smart Pressure Sensor for this exact purpose: providing CloseBy Network users with remote, reliable information about where their elderly loved ones are inside their own homes. Knowing if they’re in bed or a particular chair or not—combined with the other monitoring features of CloseBy—can give caregivers greater peace of mind.”

Clark Mower, President of Flexpoint Sensor Systems, stated, “We are excited to work with Card Access in this effort and to receive the first of what we anticipate to be many orders. The Card Access Smart Pressure Sensor has been under joint development and testing for much of the last year. We’re delighted with the successful completion of this development and testing process and the resulting innovative solution. The demands in the aging population for systems such as CloseBy Network can only increase with time. We are excited about the almost endless possibilities of growth in this sector for us with this application of Bend Sensor technology.”

The Card Access Smart Pressure Sensor is currently shipping and is sold by Card Access Authorized Dealers and CloseBy Network Dealers in the United States and 25 countries around the world.

About FlexPoint Sensor Systems

Flexpoint manufactures a patented cutting-edge flexible sensor that has also proven to be an extremely durable switch. The single layer Bend Sensor® product allows for the measurement of mechanical movement, air flow, water flow or even vibration. It can be used as a range of motion sensor, or as a durable & reliable switch in most harsh environments. Flexpoint serves numerous industries including automotive, medical, industrial controls, monitoring & more.

About Card Access, Inc.

Founded in 1995, Card Access™, Inc. is a leading developer of wireless communications products. World-class organizations in the medical, military and home consumer markets rely on Card Access for development of high-performance, low-power, miniaturized, mobilized and ruggedized wireless communications solutions. Card Access Home Automation and CloseBy Network® aging-in-place products give dealers and installers greater convenience in providing more automation for their customers. Those customers enjoy greater control and peace of mind with systems using Card Access products. Card Access, Inc. is a privately held company headquartered in Salt Lake City, Utah. For more information, visit www.cardaccess-inc.com or call 1.801.748.4900.

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.

Bend Sensor is a registered trademark of Flexpoint Sensor Systems, Inc. Card Access and Smart Pressure Sensor are trademarks of Card Access, Inc. in the United States and other countries. CloseBy Network is a registered trademark of CloseBy Network, LLC. Other marks may be the property of their respective owners.

Contacts

Flexpoint Sensor Systems
Clark Mower, 801-568-5111
clark@flexpoint.com
or
Card Access, Inc.
Kip Meacham, +1-801-748-4900, x. 28
kdmeach@cardaccess-inc.com

Contacts

Flexpoint Sensor Systems
Clark Mower, 801-568-5111
clark@flexpoint.com
or
Card Access, Inc.
Kip Meacham, +1-801-748-4900, x. 28
kdmeach@cardaccess-inc.com