Flexpoint Highlights Current Development

DRAPER, Utah--Feb. 8, 2006--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT) announced current developments on its Bend Sensor(R) applications and its core product divisions.

The automotive applications remain the focus of the company's efforts. Two Tier One suppliers have completed the first stage of testing and are preparing to enter the next phase. During the first stage various aspects such as materials, dimensions, connection and response are tested and evaluated. The second stage tests a refined group of characteristics. The third stage will be to begin qualification of a manufacturing line and negotiating a contract to produce the final product.

Flexpoint continues to work with R&D Products on the recently announced contract. The mattress itself is operating as designed and final preparations are being completed on the inflation device and software. The company is also assisting R&D Products as they negotiate with large medical bed suppliers who have recently expressed interest.

Company representatives have recently returned from ATX West, a large technology expo, where its industrial applications were demonstrated. The company will hold follow up meetings with these potential customers to advance the technology to market. Flexpoint has also received great results from the recently announced humidity sensor.

Flexpoint's CEO Clark Mower stated, "This is a real exciting time for us as development of several applications is nearing completion. While we are restricted from sharing names of companies we are currently working with, I want to ensure our shareholders we continue to stride towards an automotive contract. We feel 2006 will be our breakout year for Flexpoint and our patented technologies."

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.