Flexpoint Sensor Systems, Inc. (OTCBB: FLXT),
http://www.flexpoint.com,
today announced that it is working with a leading producer of wireless
technology to develop wireless capability for its sensors. There is an
increasing need for monitoring of occupancy in everything from theaters
to public transportation, and this technology, coupled with our occupant
sensing capability, will open many additional avenues for the sale of
our sensors and related systems.

Clark Mower, President of Flexpoint, stated, “We are excited about the
potential for this application. I believe that the applications of
sensors with wireless capability are almost limitless. We have received
inquiries on this technology for applications as diverse as monitoring
taxi cabs, buses, trains and movie theaters. What adds to the excitement
is that the inquiries have come from numerous sources and locations as
diverse as Europe and South America, as well as several companies in the
US. After final testing and integration, we anticipate beginning
production and marketing of the system during late 2012. I believe that
the size of this market could be in the millions of dollars in the next
few years.”

Mower further stated, “In an effort to further improve our ability to
communicate with the investing public, Flexpoint will soon be posting a
CEO cast on its website that will give more insight to our company and
our technologies. We will also in the very near future be implementing a
shareholder email list to give weekly updates to our shareholders on the
company. Look for a sign-up for that in the next few weeks.”

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.