On December 20^th Flexpoint’s CEO Clark Mower was joined by V.P. of Sales and Marketing Byron Allen, and Director of Engineering David Beck to update shareholders on there current state of the company, the advancement of its technology, and additional details on its recent contracts as well as its future direction.

Significant announcements included an automotive supplier filing a patent on an applications featuring Flexpoint’s Bend Sensor® technology. The company received funds from R&D Products for development of the medical bed technology and managements anticipation of new contracts in 2008.

CEO of Flexpoint, Clark Mower, commented; “We welcomed the opportunity to share with the financial community our recent progress and vision for the company’s future. We believe those who listen to the call will have a greater understanding of not only where the company is headed but why we are so excited about the Company in 2008. We have made great advancements in our technology and expect to have several products entering the marketplace this year.”

Flexpoint Sensor Systems, Inc.

Manufacturers 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 & more.

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.