R&D Products Announces an Exclusive Licensing Agreement for Medical Bed Design with a Major Medical Products Manufacturer

R&D Products, LLC. announced today the Company has reached an exclusive long-term Licensing Agreement with one of the world’s largest manufacturers of medical mattresses to license the exclusive worldwide rights to their medical bed patent rights and technology, which features Flexpoint Sensor Systems' (OTCBB:FLXT) Bend Sensor® Technology.

R&D Products has licensed the exclusive worldwide technology and patent rights for the bed, which is designed to manage pressure on the body using Flexpoint Sensor Systems' Bend Sensor® Technology.

The bed is a pressure-managing bed which utilizes Flexpoint Bend Sensor® Technology to precisely identify areas of the body where high-pressure skin contact is most vulnerable and redistributing pressure when and where needed. It is the Bend Sensor® Technology that allows the bed to read, interpret and respond to all information.

"We are excited to have a company acquire this revolutionary medical bed and complete the development and marketing process," stated Dr. Ron Lopez, Chairman of R&D Products. "We are also pleased that all of the companies have reached agreement for Flexpoint to supply the sensors necessary to complete the development and production of the required Technology."

The Agreement also includes the execution of a long-term Manufacturing Agreement between the two parties and Flexpoint, wherein Flexpoint will manufacture the sensors to be utilized in the Medical Bed. “We are excited to have executed a long-term agreement with a company as well known and reputable as this company for the manufacturing of the sensor. We feel that this is a significant step for both companies and something that has been critical for the advancement and marketing of the medical bed technology,” stated Clark Mower, President of Flexpoint.