Health & Fitness
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Published in Health and Fitness on Tuesday, August 4th 2009 at 3:41 GMT, Last Modified on 2009-11-02 11:50:14 by Market Wire
OREM, UT--(Marketwire - August 4, 2009) - A five-year U.S. Army contract totaling over $300,000 was awarded to Reflect Scientific, Inc. (
"The proven, new technology behind our T-150 freezer gives end-users as much as a 90% energy savings. It actually pays for itself in less than a year," maintained Kim Boyce, President and CEO of Reflect Scientific.
"The great news is, this new contract is unrelated to the $900,000 contract we received two weeks ago from a separate arm of the government. It's a five-year commitment with the U.S. Army. They are really happy with the T-150 freezer technology," Boyce continued.
"This new contract is further confirmation of just how satisfied the government and our other customers are with our breakthrough technology. And with over 500,000 freezers worldwide there is some real potential for our company to grow exponentially," Boyce maintained.
"The Ultra Low Temperature model T-150 is an all-in-one cryogenic freezing system. It is the first liquid nitrogen based, programmable cryogenic freezing system in a standard upright format," remarked Dr. Boyd Bowdish, Principal Scientist for Reflect Scientific.
"It allows for exceptional reliability, precise thermal uniformity, and no user or product exposure to liquid nitrogen. The freezer is ideal for bio-repositories, research, forensic, hospital and clinical laboratories, and other life science applications where refrigeration and cryogenic preservation is required," Bowdish concluded.
About Reflect Scientific, Inc.
Reflect Scientific, Inc., based in Orem, Utah, develops and markets innovative, proprietary technologies in cryogenic cooling, imaging, and optics for the healthcare, biotechnology, pharmaceutical, medical, industrial, and transportation markets. Among Reflect Scientific's products are imaging and quality inspection systems, low temperature freezers, and refrigerated containers for laboratory and transportation uses. For more information, visit [ www.reflectscientific.com ] or contact Investor Relations: Michael Dancy, 801-746-3570, email: [ medancy@allwest.net ].
Cautionary Note Regarding Forward-Looking Statements:
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.
