SOURCE: Goldman Small Cap Research, Inc.
BALTIMORE, MD--(Marketwired - Sep 3, 2013) - Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, has initiated research coverage of Flexpoint Sensor Systems, Inc. (OTCQB: FLXT), an innovative technology firm specializing in developing products that feature the Company's patented Bend Sensor® and related technology.
With its ground-breaking, patented sensor technology, Flexpoint Sensor Systems is poised to broadly deploy its products for use in a whole host of applications. The unique functionality and form factor of the Company's flagship Bend Sensor® will enable Flexpoint to emerge as one of the most sought-after and profitable firms in its space. The pioneering and one-of-a-kind Bend Sensor®'s construction and wide range of functionality will lead to broad deployment in the automotive, medical, industrial, and leisure, and safety industries. Based on the current tailored product design, testing, and deployment schedules for various applications, 2014 should see a big increase in Flexpoint's sales.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"With a series of milestones ahead and a deep IP portfolio, the undervalued FLXT stock offers huge potential for both the stock trader and the long term investor. The low hanging fruit for the Company includes the near-term opportunity for the sale of its sensors for use in colonoscopies. Given the millions of procedures performed annually, this opportunity carries huge potential. Plus, Flexpoint already has achieved "implementation ready" status with a top U.S. automotive manufacturer for its products, which bodes well for sales in the next few years."
"In our view, the Flexpoint advantages are clear. The under-the-radar firm is migrating from the development stage to the commercialization phase and should achieve significant success since its patented, ground-breaking products are more durable, adaptable and cost-effective than anything currently on the market. Based on the current, tailored product design, testing, and deployment schedules for various applications, investors should see a big increase in Flexpoint's sales in 2014, with hockey-stick type growth in 2015 and 2016."
To view all of our sponsored Flexpoint report, disclosures and disclaimers, or to download the report in its entirety, please visit www.goldmanresearch.com.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
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About Flexpoint Sensor Systems, Inc.: Flexpoint Sensor Systems, Inc. (OTCQB: 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's 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.
For more information, visit www.flexpoint.com.