Market Report Bodes Well for Reflect Scientific Growth Potential
Reflect Scientific, Inc. (RSCF) is poised for growth as the ultra-low temperature freezer market expands, driven by increasing demand in vaccine development, organ preservation, and gene therapies. A recent Global Market Insights study highlights key growth trends, including advanced freezer technologies and rising demand in the Asia Pacific region. CEO Kim Boyce expressed optimism about the company’s alignment with these market needs, particularly with their liquid nitrogen cooled freezers. The firm aims to capitalize on the robust market potential backed by innovative technologies in cryogenic cooling.
- Demand for ultra-low temperature freezers is increasing, particularly in vaccine development and organ preservation.
- Reflect Scientific's advanced technologies are well-suited to meet market demands.
- CEO Kim Boyce's optimistic outlook indicates strong potential for growth.
- None.
OREM, Utah, March 03, 2021 (GLOBE NEWSWIRE) -- Reflect Scientific, Inc. (Symbol: RSCF). A recent study by Global Market Insights (gminsights.com), “Ultra-Low Temperature Freezer Market: Top 3 trends boosting the industry demand through 2026,” indicates the ultra-low temperature freezer market is expected to see strong growth due to increasing demand from a variety of applications such as accelerated R&D activities for the development of vaccines, preservation associated with organ donation, cell and gene therapies and blood banking. Three key trends were sighted that will boost market growth: (i) The advent of advanced freezers, (ii) Increasing demand for upright freezers, (iii) Increased demand across the Asia Pacific region.
“Our advanced liquid nitrogen cooled ultra-low temperature freezers, both in upright and chest configuration, are ideally positioned to address the market needs of sectors that are expected to show strong demand. We remain very optimistic about our growth potential,” remarked Mr. Kim Boyce, CEO of Reflect Scientific Inc.
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 www.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.”
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