Flexpoint's Executive Team Continuing Negotiations in Europe

DRAPER, Utah--Oct. 2, 20056, 2005--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT) announced today Chairman John Sindt and CEO Clark Mower are traveling back to Europe to meet with Tier 1 suppliers and auto makers to further negotiations on the company's patented automotive Bend Sensor(R) applications.

Flexpoint will hold meetings in France and Germany demonstrating the latest test results, working with engineers, and answering questions for key decisions makers. This round of meetings will focus on both the mandated Pedestrian Impact System and the Seat Occupant Detection System. In addition, one particular supplier is also researching the use of the Bend Sensor as a more reliable and cost effective switch throughout the vehicle.

"This trip will further our negotiations with these suppliers and auto makers as we continue marching towards consummating a contract," stated Chairman John Sindt. "What's exciting is that during these meetings we will be discussing the Seat Occupant System as well as the Pedestrian Impact System, which expands the revenue potential for Flexpoint. We are very excited about this trip and its long term meaning to the company and its shareholders."

CEO Clark Mower added, "In addition to this trip, we will shortly be announcing our preparations for production on the Medical Bed contract as well as some interesting developments in our industrial controls division."

Flexpoint Sensor Systems, Inc. has developed and patented the Bend Sensor(R) technology. The Bend Sensor is a technological breakthrough that offers a superior solution for applications that require accurate measurement and sensing of deflection, acceleration and range of motion. Global market opportunities include automotive, medical, industrial controls, government, health and fitness, security, computer, aerospace, transportation and consumer products.

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.