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Chart BioMedical Launches Its Next Generation Cryogenic Storage Freezer

January 15, 2014



CLEVELAND, Jan. 15, 2014 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Nasdaq:GTLS), a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today announced the launch by its BioMedical business segment of the MVE HEco Series of cryogenic storage freezers.

MVE HEco Series






A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=23097

Available in several storage capacities, the HEco Series provides a 20% reduction in nitrogen usage and consumes 30% less energy than comparable freezers. The next generation line has been engineered to provide additional functionality along with maximum storage density, industry-leading hold time and continued unsurpassed sample security.

"Equipment reliability and efficiency is absolutely critical in the cryopreservation of biological materials," said Steve Shaw, President of Chart BioMedical. "This innovative line of freezers is a great example of how Chart works with end-users to develop new products that can immediately provide value. We're very proud that the MVE brand has been the industry benchmark for low temperature storage of biological materials for over 40 years."

Chart BioMedical is a leading manufacturer of cryogenic freezers, vacuum insulated products, and cryogenic systems. Applications for these products include medical laboratories, biotech/pharmaceutical companies, research facilities, blood and tissue banks, veterinary laboratories, repositories, and artificial insemination operations. For more information about Chart BioMedical or the MVE HEco Series freezers, please visit www.chartbiomed.com.

Chart is a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases. The majority of Chart's products are used throughout the liquid gas supply chain for purification, liquefaction, distribution, storage and end-use applications. Chart has domestic operations located across the United States and an international presence in Asia, Australia and Europe. For more information, please visit www.chartindustries.com.

CONTACT: Ken Webster Vice President, Chief Accounting Officer and Controller 216-626-1216 ken.webster@chartindustries.comJim Fischman Director of Investor Relations and Financial Planning 216-626-1216 jim.fischman@chartindustries.com

Source: Chart Industries, Inc.


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Source: GlobeNewswire


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