Phononic Earns U.S. Environmental Protection Agency’s 2017 Emerging Technology Award for Solid-State Refrigeration Design

The Recognition Validates Phononic’s Commitment to Disrupt
Conventional Refrigeration Markets

DURHAM, N.C.–(BUSINESS WIRE)–As hospitals and healthcare organizations look for ways to reduce
operating costs, many are focusing on sustainability programs and
solutions that offer cost-savings and better patient outcomes. Designed
to give hospitals and other medical facilities smarter, sustainable and
more precise refrigeration, Phononic,
the company revolutionizing cooling and heating with solid-state
technology, today announced that its Evolve 5.5 cu. ft. Protect Plus
compressor-free refrigerator has earned the ENERGY STAR® Emerging
Technology Award from the U.S. Environmental Protection Agency (EPA). On
the heels of the first ever Energy Star Certification awarded in July,
this recognition continues to validate Phononic’s mission to disrupt
conventional refrigeration markets by providing reliable cooling without
the noise, toxicity and other detriments of legacy refrigeration.

The Emerging Technology Award recognizes innovative products that
demonstrate the ability to reduce energy use and lower greenhouse gas
emissions, without sacrificing features or functionality. Powered by
advanced solid-state refrigeration, Evolve’s compressor-free design
reduces energy consumption by up to 40 percent versus competitors while
meeting guidelines for the controlled storage of vaccines and
pharmaceutical drugs. The resulting energy savings and reduction in
emissions meets the diverse needs of facilities and infrastructure
management professionals looking for cost-effective solutions within
hospitals and healthcare facilities.

“We’re excited to receive recognition from the EPA for our solid-state
refrigeration design, which gives medical facilities a smarter, more
sustainable option compared to the conventional products they’re
accustomed to today,” said Jerilin Kenney, Vice President / General
Manager of Life Sciences and Healthcare at Phononic. “Healthcare
facility executives, pharmacy directors and nursing managers are driven
to find impactful solutions that drive cost savings without sacrificing
quality or performance. Evolve is rapidly becoming the new standard of
care across the industry by delivering the most cost-effective,
sustainable refrigeration solution to store valuable pharmaceutical
drugs, vaccines, mother’s milk and medical devices without comprising on
what matters most in the healthcare environment – the healing power of
silence.”

"Phononic’s award winning refrigerators not only save customers money
with superior energy efficiency, they use an innovative technology that
reduces their environmental impact," said Ann Bailey, Branch Chief, EPA
ENERGY STAR Program, Washington, D.C. “EPA recognizes this new class of
refrigerators with the 2017 ENERGY STAR Emerging Technology Award and
looks forward to working with forward-thinking companies like Phononic
in the future."

ENERGY STAR is a U.S. EPA voluntary program that helps businesses and
individuals save money and protect the environment through superior
energy efficient products. The Emerging Technology Award provides
forward-thinking, environmentally conscious end users with a tool to
identify and purchase cutting-edge technologies that can help reduce
their carbon footprint and offer energy savings.

Phononic is announcing this achievement during National Clean Energy
Week, an event taking place across the United States from September
25-29, 2017 that is intended to illustrate how organizations are
advancing market development, policy change and technological innovation
within the energy sector. Phononic will formally accept the Emerging
Technology Award at Healthcare Design Expo and Conference, taking place
from November 11-14, 2017 in Orlando, Florida. Please visit Phononic’s
booth (#1634) at the conference to learn how Evolve can serve your needs.

For more information about Evolve, please visit https://evolverefrigeration.com/.

For more information about ENERGY STAR, please visit https://www.energystar.gov/.

About Phononic
Phononic is
innovating semiconductor solutions that revolutionize cooling and
heating. Named to CNBC’s 2016 and 2017 Disruptor 50 list, the Company’s
disruptive solid-state approach displaces compressors, heat sinks, and
fans with products that are smart and sustainable. Backed by a
diversified and global mix of venture and private equity investors,
Phononic’s products can be applied to everything from refrigerators to
fiber optics, removing the barriers of traditional incumbents and
ushering in a new era of cooling and heating. For more information visit www.phononic.com
or follow us on Twitter @PhononicRTP.

Contacts

Racepoint Global
Lauren Ginsberg, 617-624-3254
[email protected]