Flexpoint Leads in Medical Rehabilitation and Virtual Reality Glove Markets

Thursday, January 19, 2023

Flexpoint Sensor Systems, Inc., is pleased to announce on time delivery of the previously announced order from to innovative medical rehabilitative equipment leader Idrogenet/Gloreha. Flexpoint's Bend Sensor® continues to be highly sought after as the innovative medical equipment and the Virtual Reality (VR) markets accelerate and grow.

Gloreha devices are the most advanced, effective and user-friendly combination of technology to support motor rehabilitation of the upper limb and neurocognitive recovery. Devices that promote the functional recovery of patients and their reintegration into daily life and are applied daily in hospitals and rehab centers all around the world.

Flexpoint's President, Clark Mower stated, "We are pleased to announce the accelerated delivery of this order to our long-time customer who continues to expand their use of our patented Bend Sensor® technology. These highly specialized sensors have been custom designed for this use and are sold at a premium over stock sensors. These reoccurring orders are an illustration of the development cycle and possibilities that exist with this technology. The bend Sensor® technology was first commercialized in the Nintendo Power Glove and, because of its unique characteristics and flexibility, it has expanded into automotive, Virtual Reality, medical and industrial uses. What is even more exciting is that we are working with other sectors as well. There have been, and continues to be, so many advancements in the medical glove sectors and it is rewarding that Flexpoint's patented Bend Sensor® technology continues to be a leader in these industries."

Mower continued, "We have received orders for future deliveries from this and other recurring customers and have seen the growth of gloves into a significant and regular contributor to Flexpoint's revenue stream. We have additional orders in production that are scheduled for delivery in the first quarter of 2023."

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