Hi,
You can use a simple CSS rule to hide the product names.
Product names are using this CSS class name:
flexibleSliderProductName
So; open this CSS file:
/modules/mod_vm_flexible_fancy_slider/media/css/flexibleFancySlider.css
scroll to the bottom and add this CSS rule:
.flexibleSliderProductName { display:none !important;}
you will be good to go.
regards.