Phononic Disrupts Conventional Refrigeration at the PNC Arena with Solid State Technology

Compressor-free Refrigerators offer the Food and Beverage Market
Increased Capacity and Efficiency

DURHAM, N.C.–(BUSINESS WIRE)–Phononic,
the company revolutionizing cooling and heating with solid-state
technology, today announced the deployment of its high-performance,
compressor-free refrigerators at the PNC Arena in Raleigh, NC.
Leveraging the same solid-state technology that powers Phononic’s life
sciences, healthcare and pharmaceutical cold storage solutions,
Phononic’s food and beverage refrigerators will offer PNC Arena
cost-effective, sustainable cooling without a compressor. The premier
sports and entertainment venue is an ideal location to showcase this
groundbreaking and innovative approach to cooling.

Phononic’s food and beverage refrigerators are designed to increase
storage capacity, temperature control and reliability. To enhance the
experience of loge box visitors, the install of Phononic’s refrigeration
technology offers PNC Arena an aesthetically modern solution that holds
30 percent more inventory. The compressor-free refrigerators also
improve operations for PNC Arena through lower maintenance costs,
increased reliability and installation options that maximize shelf and
floor space. Phononic’s deployment of its refrigeration technology in
the arena environment, where beverage and food cooling are essential to
successful operations, marks the continued advancements of solid-state
refrigeration across the conventional refrigeration market.

“Phononic is taking a different approach to cooling. The decision to
install Phononic’s refrigerators in our loge boxes was a wonderful way
for our team to work with a global technology innovator,” said Don
Waddell, President of Gale Force Sports & Entertainment at PNC Arena.
“In addition, our guests will have convenient access to a reliable,
consistently cold, modern refrigeration that enhances the overall
experience.”

“The installation with PNC Arena further proves that solid-state
refrigeration solutions are primed to disrupt conventional refrigeration
markets,” said Tony Atti, CEO at Phononic. “We are excited to provide
partners like PNC Arena with the ability to increase beverage capacity
and lower ongoing cost of ownership and maintenance using a sustainable
platform that leverages the fundamental strengths of our solid-state
approach. As the food and beverage industry rethinks cooling strategies,
Phononic is well-positioned to provide the industry with a game-changing
solution.”

For more information about Phononic please visit: https://phononic.com/commercial-refrigeration/

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.

About PNC Arena
Home to the
Carolina Hurricanes of the National Hockey League (NHL) and North
Carolina State University men’s basketball program, PNC Arena is a
multi-purpose sports and entertainment arena that hosts more than 1.5
million guests and over 150 events each year. PNC Arena opened in
October 1999, and accommodates 20,000 based on the event configuration.
The arena is owned by the Centennial Authority and managed by Gale Force
Sports & Entertainment. PNC Arena (www.ThePNCArena.com)
is located in Raleigh, NC.

Contacts

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