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RSCF - Reflect Scientific Inc News Story

$0.275 0.1  111.5%

Last Trade - 17/05/21

Sector
Healthcare
Size
Micro Cap
Market Cap £7.82m
Enterprise Value £7.50m
Revenue £1.14m
Position in Universe 6362nd / 6846

Reflect Scientific Ends 2020 Fourth Quarter with Increased Year Over Year Sales

Tue 23rd February, 2021 1:00pm
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OREM, Utah, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Reflect Scientific, Inc.
(Symbol: RSCF), a provider of diverse products and services for biotechnology,
pharmaceutical, and transportation industries, announces a 23.7% year over
year fourth quarter increase in sales.

The 2020 fourth quarter sales of $695,823 showed an increase of 23.7% over the
fourth quarter sales of $562,314 in 2019. These figures represent total fourth
quarter sales for the company, although the largest contributor to this
increase was the Cryometrix ULT freezer product line. Mr. Kim Boyce, CEO of
Reflect Scientific Inc, commented, “We ended the year on a high note.
Overall we were delighted with the sales for the fourth quarter of 2020.”

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.”



Contact
Thomas Tait
801-607-1039
investor_relations@reflectscientific.com

(https://www.globenewswire.com/NewsRoom/AttachmentNg/0cfcbf12-abd7-49c1-b74f-b8ba0124ec17)



GlobeNewswire, Inc. 2021
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