Pilkington Acquires License from Research Frontiers to Produce and Offer Environmentally Friendly SPD-Smart Automotive Glass Products

* Reuters is not responsible for the content in this press release.

Tue Sep 15, 2009 8:30am EDT

FRANKFURT--(Business Wire)--
Today at the Frankfurt International Motor Show, Pilkington Group Limited
announced that it has acquired a new license from Research Frontiers Inc.
(Nasdaq: REFR) to offer SPD-Smart automotive end-products globally. Research
Frontiers is the developer and licensor of patented VaryFast SPD-Smart
light-control film technology. 

This license represents a significant expansion of Pilkington`s SPD business. In
2004, Pilkington acquired a license from Research Frontiers to work with SPD
technology to make laminated SPD-SmartGlass panels. During this development
phase, Pilkington gained lamination expertise and also worked extensively with
customers to co-develop SPD-Smart products that meet the needs and
specifications of the automotive industry. With this new license, Pilkington now
has the ability to offer SPD-Smart end-products including sunroofs, glass roof
panels, adaptive sunvisors incorporated into a vehicle`s windscreen, and side
and rear windows. 

SPD-Smart automotive products are instantly tunable manually or automatically to
any level of light transmission between clear and extremely dark - blocking more
than 99.5% of incoming visible light. Due to its ability to block heat as well
as visible light, SPD-SmartGlass can reduce vehicle interior heat build-up and
thus cooling requirements. These eco-friendly products could also reduce the
size of air conditioning systems and thus save weight, fuel and reduce CO2
emissions. Also, because they are in the most energy efficient state when the
engine is off, the vehicle is cooler upon entering. 

In addition to light, glare and heat control, SPD-Smart automotive products
provide greater security due to their on-demand privacy capability, and protect
passengers and interiors from harmful ultraviolet radiation. Award-winning
SPD-Smart technology offers exceptionally innovative design opportunities and
empowers users by providing rapid, real-time control over the environment to
suit one`s preference or requirements. 

The worldwide non-exclusive license grants Pilkington the right to manufacture
and sell SPD-Smart automotive glass products globally. As part of the NSG Group,
Pilkington is one of the world's leading manufacturers of glass and glazing
systems. 

Speaking from the floor of the Frankfurt Motor Show, Joseph M. Harary, President
and Chief Executive Officer of Research Frontiers Inc., noted: "Pilkington and
their parent company, NSG Group, are among the most successful glass companies
in the world, and have considerable experience in all types of high-end and
functional glass products, including smart glass. They have a long and stellar
history of bringing new and practical innovations to the glass industry and to
their customers. Research Frontiers has invested over $75 million to develop
high-performance light control with our SPD-Smart film technology. With
Pilkington`s addition to our extensive list of licensees around the world,
Research Frontiers` patented SPD-Smart light-control technology has now been
licensed to virtually every major glass company in the world for the production
of environmentally-friendly end-products." 

"Our SPD teams in the UK, Germany, Japan and the US have been working closely
and intensely with Research Frontiers and our lead OEM customer to introduce
SPD-Smart end-products to the global automotive market," commented Anthony R.
Shaw, Vice President Technology - Automotive for Pilkington. "SPD technology is
a high-performing technology that offers many distinctive performance, safety,
comfort and energy-saving benefits desired by OEMs and their customers. We see
exciting opportunities ahead in the very near future." 

About Pilkington and the NSG Group

Founded in 1826 and a member of NSG Group from June 2006, Pilkington is a leader
in the global Flat Glass industry and is one of the world's largest
manufacturers of glass and glazing products. NSG Group reported sales of Euros
€5.7 billion (fiscal year ended 31 March 2009). The NSG Group employs
approximately 31,400 people worldwide, has manufacturing operations in 28
countries on four continents, and sells products in more than 130 countries. It
operates, or has interest in, 51 float plants. The Float process, invented by
Sir Alastair Pilkington in 1952, is now the world standard for high quality
glass manufacture. Pilkington is also the inventor of the world's first
self-cleaning glass - Pilkington Activ. 

About SPD Technology and Research Frontiers Inc.

Research Frontiers Inc. (Nasdaq: REFR) develops and licenses suspended particle
device (SPD) technology used in VaryFast SPD-Smart controllable glass and
plastic products. Benefits include dynamic control of light, glare and heat
passing through many types of glazings, noise reduction, greater security due to
both privacy and structural integrity, and the protection of interiors and
occupants from heat and harmful ultraviolet radiation. SPD technology, made
possible by a flexible light-control film invented and patented by Research
Frontiers, allows the user to instantly, precisely and uniformly control the
shading of glass or plastic, either manually or automatically. This patented
film can be used to transform into "smart" products a variety of products used
every day in homes, buildings, cars, aircraft, boats, trains and motorcoaches. 

Current product applications for SPD technology include: SPD-Smart windows,
sunshades, skylights, atria, curtainwalls and interior partitions for homes and
buildings; automotive windows, sunroofs, roof systems, sunvisors and sunshades;
and aircraft and marine windows and window shades. Potential future applications
include: eyewear products including sunglasses, ski goggles and motorcycle
helmets, mirrors; flat panel displays for electronic products; and light-control
filters for various industrial and consumer applications. 

SPD-Smart film technology was awarded the "Best of What's New Award" for home
technology from Popular Science magazine, received the 2007 North American Frost
& Sullivan Award for Excellence in Technology for glass, and was also recognized
as one of the top technologies by the Society of Automotive Engineers' Aerospace
Engineering magazine. SPD technology is covered by over 500 patents and patent
applications held by Research Frontiers worldwide. Currently 35 companies are
licensed to use Research Frontiers' patented SPD light-control technology in
emulsions, films, or end-products. Further information about SPD-Smart
technology, Research Frontiers and its licensees can be found at
www.SmartGlass.com. 

Note: From time to time Research Frontiers may issue forward-looking statements
which involve risks and uncertainties. This press release contains
forward-looking statements. Actual results could differ and are not guaranteed.
Any forward-looking statements should be considered accordingly. SPD-Smart,
SPD-SmartGlass, SmartGlass, VaryFast, Speed Matters, Powered by SPD, SPD Clean
Technology, SPD On-Board, Visit SmartGlass.com - to change your view of the
world and The View of the Future - Everywhere You Look are trademarks of
Research Frontiers Inc. 



Research Frontiers Inc.
Gregory M. Sottile, Ph.D., 516-364-1902
Director of Market Development
Info@SmartGlass.com

Copyright Business Wire 2009

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