Reflect Scientific, Inc. engages in the design, development, and sale of scientific equipment for the life science and manufacturing industries. The company’s products range from non-mechanical Cyrometrix freezers, detectors, and products and parts for the life science industry to tools and analytical services for industrial manufacturing. Cryometrix Freezers The company’s Cryometrix ultra low temperature are used in multiple industries for the storage of all things from blood to cancer vaccines. These types of freezers are used by hospitals and biotechnology research facilities. Detectors The company’s chemical detector products serve the analytical instrumentation sector of the life sciences market. These optically based chemical detection instruments provide an alternative for original equipment manufacturers (OEM). One major use for these detectors is the analysis of whole blood for metabolic diseases. Regulations on the Business The company is subject to the Sarbanes-Oxley Act of 2002. This Act creates a strong and independent accounting oversight board to oversee the conduct of auditors of public companies and strengthens auditor independence. Research and Development As of December 31, 2013, the company expended $37,160 for research and development. Patents Patents have been issued covering the following products: JMST chemical detectors with four patents issued; and Cryomastor ultra low temperature freezers with two patents issued. Customers The company’s customers include hospitals and diagnostic laboratories, pharmaceutical and biotech companies, universities, government and private sector research facilities, and chemical and industrial companies. Competition Most of the company’s products compete against multiple competitors, with its refrigeration products competing primarily against Thermo Fisher Scientific and Sanyo Corporation.
reflect scientific inc (RSCF:OTC US)
1266 South 1380 West
Orem, UT 84058
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