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California Air Resources Board (CARB) Recent Amendments to the Airborne Toxic Control Measure for Reefer Transportation Units Favors Reflect Scientific’s Cryogenic Clean Air Reefer’s

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Reflect Scientific, Inc. (RSCF) announced a positive regulatory change with California's Air Resources Board favoring its Cryometrix CB 40 cold transportation trailer. This amendment promotes the use of lower global warming potential refrigerants and imposes stricter emission standards, aligning with the company's green technology initiatives. The Cryometrix system, which utilizes liquid nitrogen technology, provides a cleaner alternative to traditional diesel-powered refrigeration, addressing environmental concerns effectively. CEO Kim Boyce highlighted the significant market potential, especially given California's high diesel prices.

Positive
  • Adoption of Cryometrix CB 40 trailer following California's regulatory amendment.
  • Utilization of lower global warming potential refrigerants and stricter emission standards can enhance market appeal.
  • Cryometrix system offers a proven, cost-effective solution without diesel-driven compressors.
  • Growing interest in green technology presents a significant market opportunity.
Negative
  • None.

OREM, Utah, July 19, 2022 (GLOBE NEWSWIRE) -- Reflect Scientific, Inc. (Symbol: RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical, and transportation industries, announces the California Air Resources Board has recently amended California’s regulations to favor the Cryometrix CB 40 cold transportation trailer opening the door to adoption.

Transport refrigeration trailers (aka Reefers) emit multiple air pollutants, including diesel particulate matter, fine particulate matter, oxides of nitrogen, and greenhouse gases.

Reefers typically operate at refrigerated warehouses or distribution centers, grocery stores, seaport facilities, and intermodal railyards and are used for the temperature-controlled transportation of perishable goods. Refrigerated trucks haul over 90 percent of the food Americans eat, and today there are more than 500,000 refrigerated trailers in service in the United States.

Key elements of the amendment include the use of a lower global warming potential refrigerant and more stringent particulate emission standards. These elements can be addressed with the Cryometrix CB 40 system, which utilizes a proven and patented liquid nitrogen temperature control technology, avoiding the need for diesel-driven compressor units that employ HFC-type refrigerants.

“With the number of Reefer units now in service, this is becoming a significant market opportunity for Reflect Scientific as more interest in deploying green technology gains momentum. We have a commercially available, cost-effective, proven system ready for deployment,” remarked Kim Boyce, CEO of Reflect Scientific, who also noted that California’s average price of $6.60 per gallon for diesel fuel is an additional incentive above and beyond the clean air initiatives.

About Reflect Scientific, Inc.
Reflect Scientific, Inc., based in Orem, Utah, develops and markets innovative, proprietary technologies in cryogenic cooling for the biotechnology, pharmaceutical, medical, and transportation markets. 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.”


FAQ

What recent regulatory change affects Reflect Scientific (RSCF)?

California's Air Resources Board amended regulations to favor the Cryometrix CB 40 cold transportation trailer, promoting lower emissions.

How does the Cryometrix CB 40 technology work?

The Cryometrix CB 40 uses liquid nitrogen for temperature control, providing a cleaner alternative to diesel-powered refrigeration.

What market opportunity does Reflect Scientific (RSCF) see with the new regulations?

The company sees significant market potential due to heightened interest in green technology for cold transportation.

How does diesel fuel pricing affect Reflect Scientific (RSCF)?

The current average price of diesel in California at $6.60 per gallon incentivizes the adoption of the Cryometrix system.

REFLECT SCIENTIFIC INC

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