Pilkington plc Acquires License from Research Frontiers for SPD-Smart™ Light Control Technology used in Smart Windows and Other Products
St. Helens, United Kingdom and Woodbury, New York – March 29, 2004. Pilkington plc, one of the world’s largest flat glass manufacturers, has been granted a world-wide non-exclusive license by Research Frontiers Incorporated to work with its SPD-Smart™ light-control technology and to provide lamination and other services to Research Frontiers licensees for use in a variety of SPD-Smart glass and plastic products. Other terms of the license and Pilkington’s specific product development plans have not been disclosed.
In an SPD-Smart window, sunroof, or other product, the user can manually or automatically “tune” the amount of light, glare and heat coming into a home, office, or vehicle. Additional information about SPD-Smart windows and other products can be found at www.SmartGlass.com.
About Pilkington plc
Pilkington (London Stock Exchange: PILK) is one of the world’s largest manufacturers of glass and glazing products for building, automotive and related technical markets. Pilkington had annual revenues of £2.8bn (US$5.3 billion), manufacturing operations in 24 countries on five continents and sales in 130 countries, employing approximately 25,000 people world-wide. Founded in 1826, Pilkington is recognised as the world’s technological leader in the flat glass industry. With its associates, Pilkington has the widest geographical reach and market leadership positions in the Building Products and Automotive OE and Automotive Glass Replacement (AGR) sectors. Additional information about Pilkington plc can be found on the Internet at www.pilkington.com.
About SPD Technology and Research Frontiers Incorporated
Research Frontiers Incorporated (RFI) develops and licenses suspended particle device (SPD) technology used in VaryFast™ SPD-Smart™ light-control glass and plastic products. SPD technology, made possible by a flexible light-control film invented by RFI, allows the user to instantly and precisely control the shading of glass/plastic manually or automatically. SPD technology has numerous product applications, including: SPD-Smart™ windows, sunshades, skylights and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels and navigation systems; aircraft windows; eyewear products; and flat panel displays for electronic products.
SPD-Smart film technology was recently awarded a “Best of What’s New Award” from Popular Science magazine for home technology and was also named by the Society of Automotive Engineers’ Aerospace Engineering magazine as one of the top new technologies for 2002. SPD technology is covered by over 400 patents and patent applications held by RFI worldwide. Currently 30 companies are licensed to use RFI’s patented SPD light-control technology in emulsions, film, or end products. Information about RFI 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 within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results could differ and are not guaranteed. Any forward-looking statements should be considered accordingly. SPD-Smart™, VaryFast™, Powered by SPD™, The View of the Future – Everywhere You LookTM and Visit SmartGlass.com – to change your view of the world™ are trademarks of Research Frontiers Incorporated.
Philip A. Webb, Corporate Affairs Manager
Research Frontiers Incorporated
Joseph M. Harary, President
Patricia A. Bryant, Manager of Investor Relations