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. (
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.
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About Flexpoint Sensor Systems, Inc.: Flexpoint Sensor Systems, Inc. (
For more information, visit www.flexpoint.com.