Partnership Mutually Expands Field of Applications — Companies to Share Industry Connections and Insights

DRAPER, UT and KAYSVILLE, UT — (Marketwire) — 06/21/12 — Flexpoint Sensor Systems Inc. (OTCQB: FLXT) (OTCBB: FLXT), a leading supplier of thin film sensing technology that can be used in many industries, including automotive, medical, industrial controls, and consumer products, today announced a partnership with Monnit Corporation (www.monnit.com), a cutting edge supplier of wireless sensing technologies.

The companies have jointly developed a versatile “plug and play” Wireless Flex Sensor that can measure mechanical movement, air flow, water flow, or even vibration. The device transmits this data wirelessly between Monnit’s local sensor network gateways and the iMonnit online data monitoring system, which records sensor information and sends notifications via text or email if user-defined conditions are met or exceeded.

“Monnit’s wireless technology gives our Bend Sensor a great deal of flexibility by expanding the range of commercial and industrial applications we can pursue,” said Flexpoint President Clark Mower. “By using wireless data transmission, we eliminate the cumbersome wiring that often poses challenges to our custom work for clients. Monnit’s technology can thus help expedite development of projects and enable us to pursue applications that traditional wiring would have made difficult or impossible.”

The device can be readily adapted for everything from door hinges to air ducts for motion and flow measurements. The units can be purchased directly through Monnit sales or online at the Monnit web store.

The new Wireless Flex Sensor complements Monnit’s existing line of wireless sensors, which are designed to detect and monitor functions that are critical to business or personal life, including temperature, water, humidity, light, motion, movement, distress and much more. Monnit is an established firm with a host of major clients, including Walgreen’s, 3M, HP and Accenture among many others.

All of Monnit’s wireless sensors include free basic iMonnit online sensor monitoring with SMS text and email alerting.

“We are excited about the opportunity to work with Flexpoint. They make a great quality product that fits perfectly with our existing line of wireless sensors,” said Brad Walters, Founder and CEO of Monnit Corporation. “There are countless ways in which this new sensor can be used and monitored online.”

For more information on Monnit sensors, gateways and monitoring call (801) 561-5555 or visit their Website at www.monnit.com.

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About Monnit Corp.
Monnit is a leader in the design and manufacture of turnkey, self-installing, low cost wireless sensor solutions targeted at the commercial, industrial and consumer markets. Monnit’s sensing solutions are designed to be easily installed and used by anyone wanting to remotely monitor information and activities, including: temperature, access, water, light, humidity, motion, presence, pressure, voltage, vibration and many other conditions in or around structures, machinery, and various environments.

PR Contact:
Matt Moulton
(801) 561-5555
mattm@monnit.com

About Flexpoint
Flexpoint Sensor Systems (FLXT) is a leading developer of thin film sensing technology to many industries, including automotive, medical, industrial controls, and consumer products.

Flexpoint’s patented flexible sensor is a single layer Bend Sensor that accurately measures mechanical movement, air flow, water flow, and vibration. It has been tested to over 35 million cycles without failure and can be used as a range of motion sensor, or as a very durable switch in most harsh environments.

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.

Chicago Ill. – June 06, 2012 – Monnit Corporation (www.monnit.com) of Kaysville,Utah, announced today at Sensors Expo in Chicago the availability of wireless sensor hardware in both 868 MHz and 433 MHz ISM radio frequency bands. These radio frequencies are available in addition to the standard 900 MHz wireless sensor hardware released by Monnit in 2010. The availability of these additional radio frequencies ensures that Monnit wireless sensors can be used for global applications with the 868 MHz frequency band being primarily used in Europe, Middle East and Africa (EMEA) and 433 MHz frequency being used in Asia and South America.

“We have made our entire offering of wireless sensors, gateways and accessories available in 900, 868 and 433 MHz operating frequencies to address the immediate demands of our ever growing customer base. These additional radio frequencies allow our sensors to be used worldwide, while ensuring reliable low-power and long range operation.” said Brad Walters, Founder and CEO of Monnit.

Key Features of Monnit Wireless Sensors:

• Support 900, 868 and 433 MHz wireless frequencies
• Cellular, Ethernet and USB gateways available
• Wireless hardware optimized for reliable, low power and long range operation
• Free online sensor data storage, configuration, monitoring and alerting

Monnit currently provides 28 different types of wireless sensors used to detect and monitor functions that are critical to business or personal life, including; temperature, humidity, water, light, access, movement and much more.  Monnit’s wireless gateways transmit data between local sensor networks and the iMonnit™ online sensor monitoring and notification system.

All Monnit wireless sensors include free basic iMonnit™ online sensor monitoring with SMS text and email alerting. For more information on Monnit sensors, gateways and monitoring call (801) 561-5555 or visit www.monnit.com.

About Monnit Corp.
Monnit is a leader in the design and manufacturing of turnkey, self-installing, low cost wireless sensor solutions targeted at the commercial, industrial and consumer markets. Monnit’s sensing solutions are designed to be easily installed and used by anyone wanting to remotely monitor information and activities, including: temperature, access, presence of water, light, humidity, and vibration in or around structures, machinery, and various environments.

PR Contact:
Matt Moulton
(801) 561-5555
mattm@monnit.com