Reflect Scientific Inc. Announces Record-Breaking Freezer Order from a $40B BioPharma Company
OREM, Utah, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Reflect Scientific, Inc. (Symbol: RSCF), a pioneering manufacturer in ultra-low temperature storage solutions, is thrilled to announce its most significant single order ever, valued at over $500,000. This landmark deal involves the provision of our state-of-the-art storage freezers to a premier BioPharma company with a market valuation of $40 billion.
The contract involves the supply of state-of-the-art storage freezers designed to secure and efficiently store crucial biological samples. The freezer shipment is anticipated to occur before the end of the 4th quarter in 2023. As part of our growth strategy and dedication to serving the BioPharma sector, Reflect Scientific Inc. is currently in the midst of discussions for several other contracts, with shipments slated for 2023-24.
"We are honored to be trusted by industry giants to deliver products that adhere to the highest standards of quality and reliability," said Mr. Kim Boyce, CEO of Reflect Scientific Inc. "This order underscores our commitment to support the biopharma industry's need for cutting-edge cold storage solutions."
This monumental order further solidifies Reflect Scientific Inc.'s position in the marketplace as a preferred partner for cold storage solutions. As we continue to innovate and expand our product line, we are grateful for the trust and collaboration of our esteemed partners.
About Reflect Scientific, Inc.
Reflect Scientific, Inc., based in Orem, Utah, is an industry leader in providing high-quality, ultra-low-temperature storage solutions. Committed to innovation and excellence, Reflect continually meets the evolving needs of the industry. Among Reflect Scientific's products are low-temperature freezers and refrigerated systems for laboratory, transportation, and computer server room uses. Visit reflectscientific.com for more information. See us on Twitter @ReflectSci and LinkedIn www.linkedin.com/company/reflect-scientific.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of the disclosures contained in the filings of the Company that are contained in the OTC Markets Group, LLC under the trading symbol "RSCF" and related prior filings by the Company that are referenced therein and contained in the EDGAR Archives of the Securities and Exchange Commission under the heading "Disclosure," including those identified in such filings as "forward-looking statements."
CONTACT: Contact Investor Relations 801-607-1039 investor_relations@reflectscientific.com
