Flexpoint Sensor Systems Listed in Standard & Poor's Corporation Records

DRAPER, Utah--June 2, 2004--Flexpoint Sensor Systems, Inc. (Pink Sheets:FLXT) today announced the Editorial Board of Standard and Poor's ("S&P") has approved Flexpoint Sensor Systems, Inc. for a complete corporate listing and description in Standard and Poor's Corporation Records.

Flexpoint Sensor Systems will have its corporate description published in Standard and Poor's Daily News Section. S&P also will initiate financial coverage of Flexpoint Sensor Systems as part of the S&P Market Access Program, including coverage of Flexpoint Sensor Systems on S&P's website, www.advisorinsight.com as well as S&P Marketscope and the electronic version of S&P Stock Guide database. Additionally, the S&P coverage will appear on the highly trafficked OTC Bulletin Board website www.otcbb.com.

Standard Corporation Records is a recognized securities manual for the "Blue Sky" Standard Manual Exemption for secondary trading in more than 35 states. Flexpoint Sensor Systems' listing in Standard Corporation Records should assist the brokerage and investment communities in making a market Flexpoint Sensor Systems' stock. It is recommended that brokers check with their compliance officers or legal counsel for applicable "Blue Sky" laws and regulations pertaining to them.

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.