Silicon Investor - REFR- 2002 and Beyond

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[StockDung] Kerry's world's fair dream crushed by debt Dozens of vend...

StockDung — 3/24/2016 8:33:07 PM

Kerry's world's fair dream crushed by debt Dozens of vendors built a chic U.S. pavilion at last year's Milan expo, but no one knows how to pay them.

By Sarah Wheaton

02/24/16 05:50 PM EST

Updated 02/24/16 08:15 PM EST

John Kerry attends a reception for U.S. companies based in Italy that are donors and potential donors for a U.S. Pavillion at the 2015 Milan expo, in Rome on Mar. 27, 2014. | Getty

Thinc Design, a New York firm whose credits include the 9/11 Memorial Museum, designed exhibits along a boardwalk brought in from Coney Island and hung living plant “chandeliers” to create a distinctive look for the U.S. pavilion at last year’s World Expo in Milan, a big success for its State Department sponsors.

The problem is nobody paid for it. Thinc Design is in the hole $1 million, after the State Department failed to raise enough private money to fund the display — and its owner wants John Kerry to help pay him back, a humiliating end to what was supposed to be revitalized international tradition that would evoke comparisons to the aspirational and future-embracing 1939 and 1964 World’s Fairs.

“A lot of us just feel like we did our part and now we’re kind of being abandoned,” said the owner, Tom Hennes. His firm is just one of nearly 40 other merchants in Italy and the United States whose unpaid invoices total $26 million.

The huge shortfalls in funding for last year’s World Expo exhibit, which drew 6 million people, now loom as a big embarrassment for the State Department and its leader. Officials will hold a conference call on Thursday to try to appease dozens of creditors.

Kerry, for his part, didn’t have the luxury of using State Department funds to pay for the exhibit, which was widely considered an important part of the department’s public diplomacy efforts. A penny-pinching law from the 1990s bans the use of department funds for world’s fairs. But the nonprofit Kerry chose to run it — with the promise of major fundraising help from himself and his political allies — fell about $26 million short of covering its bills.

“This was an incredible success for the U.S. government, for the Department of State, and the idea that individuals, including me, are paying for that is simply unconscionable,” said James Biber, whose architecture firm has collected only half of its $2 million bill. “That is a huge amount of money for a company of my size and it’s not something that we could ever afford to just write off. ... We’ve already had to lay people off.”

Kerry commissioned the agreement in 2013 with a one-off nonprofit, Friends of U.S. Pavilion, to design, build, operate and pay for the U.S. display in Milan. The group was created with the understanding that the State Department would do the heavy lifting on fundraising. That’s what then-Secretary of State Hillary Clinton had done for the 2010 Shanghai World Expo, making personal pitches to CEOs to collect more than $60 million in just nine months.

But many people familiar with the fundraising effort note that Clinton’s enormous range of contacts, plus her still-simmering presidential ambitions, had donors lining up quickly in response to calls from her and the cadre of longtime aides she enlisted to help raise the money.

Kerry, by contrast, wasn’t viewed as having a political future, and was scrambling to work out a cease-fire between Ukraine and Russian-backed separatists in Crimea.

“We were repeatedly told by the State Department that Secretary Kerry was unable to be involved because he was focused on things that were of greater, and more grave global importance,” said one of the U.S. fundraisers, speaking on the condition of anonymity.

“We were on a critical path and repeatedly alerted the State Department that both the U.S. and Italy-based teams needed more support and reachout from principals within this administration,” said the fundraiser. “On the rare occasion those calls were made, the fundraising team provided the names of whom to call, did the staff work behind those calls, created the narrative for donors to participate, negotiated the contracts and managed the relationships throughout Expo.”

In the end, Kerry’s efforts could muster only around $40 million for a project whose budget ballooned to more than $60 million.

Now, Friends of USA Pavilion is about $26 million in debt, according to a confidential financial overview obtained by POLITICO. It’s in arrears to nearly 40 companies.

It owes two of the nonprofits that drove the effort from the start, the James Beard Foundation and the International Culinary Center, more than $1.6 million each. It owes the Italian EXPO corporation more than $1 million in rent. And it owes Nussli, the Swiss construction company that built the pavilion, $13.6 million.

State Department officials insist the agency is looking for ways to pay the bills, even though it can’t use any of its own money. Nearly four months after the exhibition closed, Kerry is still making fundraising calls, they say, while officials acknowledge that lining up new donors will be nearly impossible with no sponsorships and other perks to offer.

But the department is quick to challenge the idea that Kerry failed to push hard enough for private funding.

“Secretary Kerry was personally engaged in seeking and securing contributions for the USA Pavilion,” department spokesman John Kirby said. “He engaged vigorously with key business leaders, hosted round tables and made numerous calls to support the fundraising effort. His direct engagement resulted in a substantial portion of the funding for the pavilion.”

Behind the scenes, many in the State Department blame Congress for putting the secretary in this awkward position of having to rely on outside funding and inexperienced operators to mount a major public diplomacy initiative.

“You’re asking senior administration officials to essentially dial for dollars,” said one senior State Department official, speaking on the condition of anonymity.

Ironically, it was Democrats in Congress who pushed to have world’s fair pavilions privately funded, out of fear that lavish displays overseas would strike voters as wasteful and of benefit only to foreigners. They succeeded in getting the law passed in 1994 and signed by President Bill Clinton.

But by the time Hillary Clinton became secretary, in 2009, the law had become a major personal burden for anyone serving as the country’s top diplomat.

Clinton had barely been on the job for a month when she traveled to Beijing and heard about the sorry status of her country’s world’s fair effort. The nonprofit that had been set up by the Bush administration to build, operate and, crucially, raise funds for the pavilion had alienated potential donors and had only about $250,000 in the bank.

Clinton’s director of policy planning, Anne-Marie Slaughter, explained why U.S. participation would be so important in an undated memo after a visit to Shanghai’s expo site.

“Expos are the soft power Olympics and hence a key part of smart power; we should be willing to ask Congress for money and consider it extremely well spent in terms of building American power in the world — and cheap at the price,” Slaughter wrote.

The “smart power” concept was central to Clinton’s most urgent mission: restoring America’s reputation abroad after the go-it-alone years of George W. Bush.

So she sprang into action, deputizing Elizabeth Bagley, a longtime fundraiser for her and her husband, to lead the effort at State, and appointing a senior adviser to her 2008 campaign, Jose Villarreal, as the commissioner general for the pavilion, another fundraising-heavy post.

Clinton checked in frequently, her emails show, and the secretary herself got involved, holding conference calls with CEOs in the spring and summer 2009, and bringing the issue up at tech conferences and other meetings in Washington. in January 2010, she even planned to call then-Mayor Michael Bloomberg in hopes of getting New York City to pitch in.

He didn’t bite, but lots of big companies did, in a big way: Citigroup, General Electric, Johnson & Johnson, PepsiCo and Chevron gave $5 million each. Proctor & Gamble, Dow Chemical and Boeing chipped in more than $2 million each.

And some of Clinton’s biggest donors helped bundle more payments. In March of 2010, just three months before the gates opened in Shanghai, Clinton asked her head of Global Partnerships, Kris Balderston, if there was anything else she could do.

“Think we are in good shape. Immelt, Indra and Huntsman making calls,” Balderston wrote back, referring to GE CEO Jeff Immelt, PepsiCo CEO Indra Nooyi and the U.S. ambassador to China, former Utah Gov. Jon Huntsman. Longtime Clinton operatives Mark Penn and Terry McAuliffe had also been “very helpful,” Balderston added. In all, Clinton and her team brought in more than $67 million.

Chevron was particularly generous, not only contributing $5 million for Shanghai, but also pitching in for a similar exhibition in Seoul a few years later. They even paid for a reception for one of Clinton’s pet initiatives, the Office on Global Women’s Issues, as one of her best friends and lieutenants, Melanne Verveer, informed her in an email.

But Chevron, which was not included on the web site listing official partners in Milan, gave only $1 million to the expo effort under Kerry. Disney did not give at all, nor Yum! Brands — even though the Expo’s theme was food security. And it wasn’t for lack of asking.

In some instances, donors told fundraisers they were turned off by the Shanghai experience. The U.S. is the only country that has to rely on private money at the worlds fairs, and critics said it showed — one writing in the Los Angeles Times that the U.S. display had “all the appeal of a suburban multiplex” that allowed sponsors to offer “platitudes” without highlighting true American creativity.

Organizers were determined to do Milan differently, working to design an attractive pavilion that told the story of American innovation when it came to the expo’s broader theme, “Feeding the Planet, Energy for Life.” And it was, by most measures, a huge success: The 6.1 million visitors blew past projections and surpassed attendance at any other country’s pavilion.

But in terms of fundraising, the Milan approach mirrored Clinton’s Shanghai effort. Kerry installed one of his top bundlers, Silicon Valley magnate Doug Hickey, in Villareal’s role. Inside State, David Thorne, a longtime close friend of Kerry’s now serving as his senior adviser, was the point man. Louis Susman, whose appointment as U.S. ambassador to the United Kingdom from 2009 to 2013 was seen as a reward for being an Obama bundler, was also called in to make donor pitches.

Friends of USA Pavilion fired its initial set of gastro-philanthropy fundraisers in favor of political operatives, Jeanne Esti and Julie Wadler, and a bit later on, top Democratic fundraiser and former White House social secretary Julianna Smoot. Balderston, Clinton’s commercial diplomacy evangelist who was central to the Shanghai fundraising push, was also brought on through his current firm, FleishmanHillard, where he heads the global firm’s Washington practice.

Their efforts fell far short.

Current and former State Department officials acknowledged they felt that they had to move forward with the project even though they weren’t confident they could raise enough money, especially amid negotiations over a new transatlantic trade treaty.

“When the U.S. doesn’t do something that it traditionally does, there’s always outsized blowback,” said a former Kerry aide. Milan was “always sort of considered a necessary burden.”

(The U.S. did skip the 2000 Expo in Hannover, drawing German ire.)

With cost-containment in mind, the State Department called on outside groups to bid for the pavilion effort with proposals in the $25 million to $45 million range. They received five bids, including one from Friends of USA Pavilion, driven by gourmet mavens at the James Beard Foundation and International Culinary Center.

In October 2013, the State Department accepted Friends’ $45 million bid. The original request for proposals warned that there’d be no final agreement until “after the applicant is able to demonstrate that all funding required for this project will be in hand.”

But State ended up requiring only $5 million in the bank before Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland signed the memorandum of agreement on March 27, 2014. It coincided with Obama’s trip to Rome and, by then, the budget on the books was $60 million.

The most important time to solicit donations, in the view of the fundraising team, was the spring of 2014. At that time, however, Kerry was consumed by the need to work out a cease-fire between Ukraine and Russian-backed separatists in Crimea.

John Kerry visits the U.S. pavilion at the 2015 Milan expo. | Getty

But senior State Department officials insisted that the secretary worked hard on fundraising, even while engaged in high-stakes diplomacy: “While he was flying around the world [he would] make these calls to connect with CEOs, and he brought in the lion’s share” of the money, one official said.

But the former Kerry aide who spoke on the condition of anonymity called the effort a “slog” and pointed to two factors that made Milan a harder sell than Shanghai. The first was the market: Private companies were eager to draw in new Chinese consumers, while Italy didn’t offer the same fresh audience. The second: donor fatigue. Much of U.S. public diplomacy is, after all, bankrolled in cooperation with the private sector, not to mention a new diplomacy museum in Washington for which both Kerry and Clinton have sought contributions.

“You were going to a cupboard that was pretty bare at that time, on a bit of a white elephant that you’re trying to sell,” the aide said.

There was also a third factor that helped Clinton succeed where Kerry fell short. Even among those who bitterly dispute whether Kerry should have done more, people both inside and outside government who tried to secure Milan funding privately agree that her celebrity and presidential ambitions made Shanghai a comparatively attractive investment.

Meanwhile, contractors working on the U.S. Pavilion began to get nervous, hearing that the fundraising was slow.

Biber, the architect, recalled meeting with Hickey in late 2014, and the ambassador-ranked commissioner general reassured him: “The United States does not leave its bills unpaid. As much as this is clearly a cash-flow problem, it’s all going to get done,” Biber recalled him saying.

But things eventually got so bad at one point that officials considered closing the pavilion midway through the Expo, in August 2015.

That outcome would have deeply embarrassed the U.S. and made it impossible to raise more money.

At that point, Kerry called his old college roommate at FedEx, getting the company to kick in $2.5 million, according to sources involved in the project. The company is not listed among the official sponsors on the Friends of U.S. Pavilion’s website because the shipper was technically sponsoring a separate display — a workaround to avoid alienating DHL, an early sponsor. GE’s Immelt also tried to get other existing donors to kick in so more cash, with limited success.

The creditors are at a loss for how to recover their cash. If they sue Friends, it will go bankrupt, and no one will get paid. The State Department contends that it has no legal obligation.

“The structure allows them to deny responsibility,” Biber said. “The pavilion design was approved by them, the security measures were really approved by them. They’re the luckiest client in the world because they don’t have to foot the bill.”

Kirby stressed that State “continues to coordinate with the Friends of the USA Pavilion to address the funding shortfall for the pavilion including seeking additional contributions and other solutions.”

That could include finding a way to transfer money from the Commerce and Agriculture Departments. The administration would have to inform Congress of its plans to do that, raising the possibility that it could be blocked.

Dubai will host the next Expo in 2020, and it is “crucial that the Department of State begin preparing immediately to maximize the public diplomacy opportunities,” wrote career Foreign Service Officer Matthew Asada in the October issue of the Foreign Service Journal. He also urged the next administration to request congressional funding for the pavilion.

“This year the United States will spend tens of millions on countering violent extremism,” Asada wrote. “Perhaps a small portion of that should go toward U.S. participation at the next Public Diplomacy Olympics.”

Nahal Toosi contributed to this report.

Correction: An earlier version of this article incorrectly stated that Chevron did not donate any money to the U.S. Pavilion in Milan. The company donated $1 million.

Read more: http://www.politico.com/story/2016/02/john-kerry-world-fair-milan-debt-219750#ixzz43s0En9c1
Follow us: @politico on Twitter | Politico on Facebook

[N. Dixon] A 2010 article regarding the Olympics in Brazil: [graphic] "Brazil Olympics spu...

N. Dixon — 12/11/2013 1:55:39 AM

A 2010 article regarding the Olympics in Brazil:

"Brazil Olympics spurring green construction"

"The rise of green construction comes as Brazil has launched a plan for infrastructure investments worth nearly $1 trillion meant to bring roads, railways and ports into line with emerging-market competitors such as China, Russia and India -- which together with Brazil form the so-called BRIC nations."

and then this recent announcement:

MDV Glass and Research Frontiers Bring SPD Smartglass to Brazil

"We have followed the exciting growth of Research Frontiers and SPD-SmartGlass for the past several years. We also note the increased visibility and extensive performance and durability testing that Mercedes did with their introduction of SPD-SmartGlass on the Magic Sky Control roof on their SLK and SL roadsters, as well as in next year's new S-Class panoramic roof," said Georgios Fotopoulos, President and CEO of MDV Glass. "Brazil is a robust market with significant capital being invested in commercial and residential buildings, especially now as the country prepares for the 2014 FIFA World Cup and the 2016 Olympics. Our company offers high-performance glass solutions. Originally we offered our customers liquid crystal glass for privacy applications, but a much larger market exists for glass that can also provide shading control. We believe SPD-SmartGlass, with its instant control of heat, light and glare, can ideally meet the aesthetic and energy-saving needs of architects and developers in our market, while also providing homes and offices additional security and privacy. We look forward to expanding our production capacity and product line to bring this state-of-the-art shading solution to the Brazilian market, at the time that our local industry demands clean energy and sustainable buildings."

[herewecome2001] Alex bought another 2000 today @6.98 Insider is loading up.

herewecome2001 — 12/5/2013 7:05:06 PM

[N. Dixon] J. As far back as I can recall Bob Thompson would not only demonstrate the rea...

N. Dixon — 12/4/2013 2:34:32 PM

J.

As far back as I can recall Bob Thompson would not only demonstrate the rear view mirror w/spd but also what looked like a computer screen. It was just white numbers on a blue background, but you could see it from any angle unlike LC screens and it didn't disappear in the glare of the sun or overhead lighting.

I always knew that displays and ebooks were applications they were pursuing with licensees, I just didn't realize, until the lawsuit that what I had seen that day in the early 90's was an EPD. They also had it at the annual meeting I attended in the late 90s. I remember talking with the employee from the lab who showed me more colors on it. They had it in the far corner of the room so could see how bright it was.

That's all I recall but I already determined that it's the work done by REFR's lab scientists that dealt with the issues of current and the scattering/alignment of the particles that was the center of the lawsuit and that is what is covered in the three patents. I do remember that the particles clumping was an enormous obstacle to overcome.
What I had never known was its application outside of epaper and displays. I found that part interesting as well. Haven't read the patent they added but I assume it has to do with the new items mentioned in the Amended Complaint.

[N. Dixon] Message 29263140 Amended Complaint [graphic] 12/3/13 8-K This is interesting i...

N. Dixon — 12/4/2013 2:14:05 AM

Message 29263140

Amended Complaint

12/3/13 8-K

This is interesting in how the definition of EPD is extended to cover much more than E-books or Kindles, etc.It's the very core of the technology and really will affect a lot of new markets

[N. Dixon] Because the REFR model is not about the stock price but the royalty share we get...

N. Dixon — 11/27/2013 3:12:37 AM

Because the REFR model is not about the stock price but the royalty share we get, your argument is moot. The CEO calls the business model a royalty-collecting, dividend paying cash machine. Shareholders who met Bob Saxe years ago knowing that by supporting the company by buying shares, the business plan was once the crystal could be put in an emulsion and then into film that the licensees used for a myriad of products. You can see just a few of them on this thread. Those companies carry the costs of making the product and they are Tier 1 suppliers to the automotive and aircraft industries, as well as marine, mass transit and trains.

So we're actually better off than someone who has to watch charts and stock prices. Even if our stock sells for $1.00 we get the royalties from markets that will pay the owners of this crystal, 100s of millions of dollars a year in royalty and our licensees do all the product work. For instance Mercedes Benz is a licensee who's put Pilkington's SundymTM in to their SL and SLK. Another licensee is doing the glass for the S-Class. While our licensees compete, we are paid no matters whose SPD product is used. And we are paid 10-15% of the net sale price.

That money is my money. I don't have to trade stocks and take that risk to make money. The low price of the stock works just the opposite for those not trading, we get more ownership. So if the first royalty check paid through dividends, which must be approved by the Board of Directs, is $.03, then my "profit" is greater the more SHARES I have not the price of the stock. And how can I get more ownership of those royalties? by owning as much stock as possible.

You're right about it being a lousy stock to just buy and sell and absolutely insane to short because that will just be a few people trading fewer and fewer shares among themselves. This stock is owned by institutions and insiders and Kevin Douglas and the total is almost 55% of all the shares. No investor buys this stock to trade. This has been recognized and millions of dollars are coming into the stock.

As far as you disparaging comments, that's just ignorance. But you make an excellent point about it being a crappy day trade stock, but I'm looking at getting $10 per share I own annually without having to do a thing.

To me that's a better deal. They can't have bad news ever because it's the sale of Mercedes and other products that will determine how much we make. Our costs are only 5MM and will be lower as this is ramping up. We've reached critical mass and our licensees products are in demand all over the world.

All we ever did is put our money and faith in Bob Saxe and the others in the lab to get this to work. We're not a product. The licenses name their product, we don't. The licensees use the film in many different ways and their products are not identical. It's great to see how its taken over the aircraft and auto industry. We are going to have a large income for the rest of our lives with no down side.

Will people pay a premium for that? Of course they will. So I only have to wait, do nothing, go about my life to make a substantial income with this. If you want to give away your share of this for a quick profit, that's your choice. I see at least shareholders' share of royalties being $10.00+ based on what Mercedes has indicated. So you make 800.00 in one day trading 100 shares. I make 1,000 every year on that same 100 shares, so if you want to short it to me for a low price that's actually to my benefit. My 1,000 per 100 shares is for the rest of my life by NOT selling it. Yours is a one time quick deal that's the difference.

That's why your statement doesn't make any sense. We welcome shorting and trading and the price will go up because of the business model. Is Mercedes-Benz going under? or any of the other large companies active in this? No so for us this is like owning a share of each of those companies. In fact we look for news on our licensee products, not on how the company is providing higher grade film and now working with the black particle. Those patents are what we own. You know how much the patent holder for white-out made? Many, many millions of dollars, from her annual royalties.

When you're young and enjoying the thrill of the market gamble you are impatient. We have other jobs and don't trade stocks for a living, Day traders didn't exist when I was growing up and I have no interest. I like that I was intelligent enough to understand what an incredible and rare opportunity this was. Nothing comparable on the all of wall street. Who OWNS a nanotechnology? We do and we're smart enough to know how this works. So your non awareness really isn't a very compelling argument, when I have my retirement non-taxed income coming every year and always going up as more and more industries develop sell products.

As far as waiting. I had to wait anyway before I withdraw my IRA, Since mine's in my Roth IRA I never have to pay taxes on my income for the rest of my life. Show me another stock that will give their investors a share of royalties paid with no cost of revenue and markets that can go into billions of dollars. This is like the money I grew up with due to investments made by older relatives, but they were subject to interest rates and other things. My investment is not.

So I'm willing to wait for that. That's all. We knew what we were in for from the beginning. But thanks for your concern. No need to worry.

This was a great discussion and you need to move it to the unmoderated board, as I've indicated in an earlier post and we can continue over there. I'll put a video of the SunDymTM film from Pilkington so you can see their product that uses our crystal film.

Good luck with your day trades.

ND

[ayeyou] Wow you have spent how many Years chasing this dogs tail? This is a sad product ...

ayeyou — 11/27/2013 2:30:49 AM

Wow you have spent how many Years chasing this dogs tail? This is a sad product and stock to get so involved in. There is a whole wide world out there available for you to play in. I made a 33% gain today in four hours on a day trade stock. Why would you waste so much of your life on this ugly useless glass tint scam. Wake up and smell the coffee my friend. You can do yourself a lot better.

[N. Dixon] [graphic][graphic]

N. Dixon — 11/26/2013 9:42:36 PM

[N. Dixon] Hi Alex, Of course I remember you! This is a different thread, you can go back ...

N. Dixon — 11/26/2013 7:05:11 PM

Hi Alex,

Of course I remember you! This is a different thread, you can go back to the old thread for discussions, questions, etc.

Welcome back!

ND

MessageRecsDateRecipient

When and where is the annual meeting?	06/07/2004 10:14:21 AM	Selvin Sonken
N.Dixon wrote: "Also, if you look at the video and photo gallery you will	03/21/2004 11:01:03 PM	N. Dixon
I called their number - 1-800-367-6372 - and asked if the roof had ability to c	03/21/2004 11:07:46 AM	N. Dixon
I know there are private boards that require invitation. I wonder if someone wo	06/10/2003 11:00:18 PM	N. Dixon
I'll be sitting on the fence and watching this stock for now. I do not hav	04/08/2003 11:22:33 PM	inchingup
Gary, I'm a small shareholder and do not know much about investing. All I&	04/08/2003 04:05:29 PM	inchingup
I just call the number listed in the Nancy's post. Spoke to someone (did not	04/08/2003 12:56:22 PM	N. Dixon
I'm a small shareholder of REFR. My position is not going to make me rich if	04/06/2003 01:29:21 PM	Edscharp

[Alex] Hi All, I participated in REFR discussion in 2003. I lost interest in the compa...

Alex — 11/26/2013 6:42:17 PM

Hi All,

I participated in REFR discussion in 2003. I lost interest in the company as I thought it was mainly a "story" stock. I recently started buying the stock as I found out Mercedes-Benz was planning to introduce SPD in its
S-CLASS cars.

Below is a youtube video that was released today.
Not sure if it was already posted.

p.s. I post on yahoo board under CYBERNE username

[N. Dixon] More Insider Buying smartglass-ir.com ND

N. Dixon — 11/26/2013 5:59:20 PM

[N. Dixon] Here's the visor developed by REFR's licensee Vision System's located in France....

N. Dixon — 11/26/2013 4:51:52 PM

Here's the visor developed by REFR's licensee Vision System's located in France.

ND

[N. Dixon] All our welcome to post opinions regarding REFR on unmoderated threads. That is ...

N. Dixon — 11/25/2013 11:32:59 PM

All our welcome to post opinions regarding REFR on unmoderated threads. That is not the intent of this thread. Please respect the use and purpose of this board and continue your conversations on the unmoderated threads discussing Research Frontiers, Inc. Suspended Particle Technology.

More information on REFR is available at Subject 7837
Off topic or harassing posts will be banned immediately and referred to unmoderated REFR web site.

Thank you for your consideration.

[Jorj X Mckie] sometimes a stock is bad because the product is bad. sometimes a stock is bad be...

Jorj X Mckie — 11/25/2013 10:47:35 PM

sometimes a stock is bad because the product is bad.
sometimes a stock is bad because the management is bad
sometimes a stock is bad when the product and management are just fine, but for whatever reason, the stock is overpriced.

i have no idea if REFR's product is good or bad. i have no idea if the product is good, but the manufacturing costs prevent it from being a viable product.

i do know that when i read a company's annual report and one of their risk factors is that they might not be able to generate revenues as they have in the past, by selling stock.

when a company openly admits that their business model calls for generating revenues by selling stock,nit isclear rhat they dont take their advertised business seriously.

but then again, I guess that their shares are their product, not some funky window tint.

[N. Dixon] Lots of good things being said about the SPD visor. (see article below) Will ad...

N. Dixon — 11/25/2013 10:37:14 PM

Lots of good things being said about the SPD visor. (see article below)
Will add more soon but am exhausted.
ND

SPD-SmartGlass
October 3

The future of traveling is finally here.

Imagine driving down the road, turning into the sun, and having your sun visor automatically and instantly darken the top part of your windshield to block the glare.

Check out the article here: bit.ly

[Bear Down] I told you that checkmate was only one move away. Checkmate !! Good luck with ...

Bear Down — 11/25/2013 3:40:37 PM

I told you that checkmate was only one move away. Checkmate !!

Good luck with the Feds. I see you are now hunting for the naive on facebook.

Immoral, shameless old bat you are.

Bear doesn't lie !!!

[Bear Down]

Bear Down — 11/25/2013 3:40:36 PM

[N. Dixon] For REFR Investors on FACEBOOK, I have shared this page and you can access it th...

N. Dixon — 11/25/2013 2:51:00 AM

For REFR Investors on FACEBOOK, I have shared this page and you can access it there.

This short has been disparaging the company for several years despite proof positive that REFR's nanotechnology has been incorporated in products all over the world from licensees.

He has banned any discussion with me because he refuses to fully disclose his position in the financial community and whether or not he is working in tandem with others to promote or short stocks.

Here are the facts: asensioexposed.com

Ban List for Bill Wexler's Trading Cabana

BannedBanned onModerator's Reason for BanLink to Offending PostAll posts

N. Dixon

10/31/2013 03:32am

"N. Dixon" has been promoting the REFR stock fraud on SI for 20 years. Not on my board.

REFR Update - Aircraft http://ww

He denies SPD exists despite the obvious proof.

facebook.com

His followers harass me because I have stood up for the company and its shareholders to find if any illegal trading and collusion has happened. The threat I pose is obvious if you read the exchanges from this thread today. The short position is over one million shares most shorted under $4 per share, putting them in a precarious financial decision. This site is for dissemination of information to interested shareholders, or people who have heard about SPD Smartglass. I have been a long term shareholder of the company for over 20 years. It has a unique business model, where shareholders will get a percentage of the royalties paid in dividends, pending Board approval. Since REFR has no cost of revenue and only 5MM a year in expenses, the growth of royalties means more profit passed on to shareholders. This is outlined in the following recent interview with the CEO Joseph Harary. seekingalpha.com

You will notice the shorts are bashing in the comment sections as they have done incessantly since Mr. Wexler lost money on his 1998 short recommendation of REFR. It has caused an unprecedented vitriol attack on me from his supporters, so much so that I had to take action to deal with potential threats against me and my family.

The unmoderated REFR thread is available for anyone's comments or discussions, but because of the language and threats of people who are harassing me, I ask that you post your comments and questions over there where I will check from time to time but encourage you to contact the company at www.smartglass.com and you can ask for information about the licensees and the products that are now available.

I am sorry this thread has to be that way, but after you read this exchange you will understand my reasons.

WARNING: Adult Language

Subject 59304

[N. Dixon] A word on short sellers. REFR has had a large short seller, most likely affiliat...

N. Dixon — 11/24/2013 5:10:31 PM

A word on short sellers. REFR has had a large short seller, most likely affiliated with a hedge fund that has sold and enormous amount of shares short and solicits other traders to do the same to manipulate the stock price. Here is an interesting article where Bernie Madoff explains what's wrong with the system. The good news is shorting in now way affects REFR. It only becomes a problem if a firm is seeking financing and as we have no debt and 4 years of cash, there will be no need to do anymore stock offerings now that income is going to be spiking.

deepcapture.com

[N. Dixon] Jaguar unveiled their F-Type Coupe and it's using a pull shade for its fixed roo...

N. Dixon — 11/20/2013 4:55:51 PM

Jaguar unveiled their F-Type Coupe and it's using a pull shade for its fixed roof. Won't be much competition for Mercedes since SPD is the only panoramic roof that cuts down interior temperature up to 18 degrees Fahrenheit.

But seeing the industry moving towards more glass is a very good trend for SPD, especially with the heat reduction allowing lower use of air conditioning and thus reducing CO2 carbons, which has become a very serious issue in Europe, Asia and China.

The S-Class sold half their S-Class to China, I think with the heat reducing carbon emissions, it will be a very popular option next year. Mercedes predicts 80K-120K sunroofs for 2015 S-Class. Since the size of the glass is much larges it follows that the royalty will be greater than the $150 for the SL. We'll know more when Mercedes releases pricing.

ND

[N. Dixon] bmw.com Concept Active Tourer with SPD "Cool Shade" ND

N. Dixon — 11/20/2013 11:50:22 AM

[N. Dixon] [graphic]

N. Dixon — 11/18/2013 2:27:12 AM

[N. Dixon] Great showing by our licensee Vision Systems at the Dubai Air Show. ainonline.c...

N. Dixon — 11/16/2013 4:27:07 PM

Great showing by our licensee Vision Systems at the Dubai Air Show.

ainonline.com

[N. Dixon] Insider Purchases 2,000 smartglass-ir.com 3,000 smartglass-ir.com ND

N. Dixon — 11/14/2013 12:43:39 AM

[N. Dixon] [graphic] This is the XJ which came out in 2011 with the glass roof and motoriz...

N. Dixon — 11/14/2013 12:39:20 AM

This is the XJ which came out in 2011 with the glass roof and motorized shades. Also the roof does open. Is the F-Type-Coupe a fixed roof? We'll see in the coming months.

ND

[N. Dixon] Debuting November 20, 2013 at LA Car Show. New Jaguar - Is it or isn't it? One...

N. Dixon — 11/11/2013 5:16:16 PM

Debuting November 20, 2013 at LA Car Show.

New Jaguar - Is it or isn't it? One photo shows glass roof transparent.

and this photo shows the glass roof dark. Won't have to ponder long. Debuting November 20, 2013 at LA Car Show and will advertised in February during the Super Bowl. Could they be competing with the Mercedes S-Coupe with Magic Sky Control?

[N. Dixon] Can your glass do this? Nice Glass! youtube.com ND

N. Dixon — 11/10/2013 1:47:04 AM

[N. Dixon] Beautiful commercial for HondaJet - SPD-windows standard starting with 2015 mode...

N. Dixon — 11/9/2013 2:00:42 AM

Beautiful commercial for HondaJet - SPD-windows standard starting with 2015 models.

youtube.com

ND

[N. Dixon] Some interesting findings regarding NOCTIS Vision Systems SPD window. Here is t...

N. Dixon — 11/9/2013 12:45:03 AM

Some interesting findings regarding NOCTIS Vision Systems SPD window.

Here is the tour by Dewar from Bombardier at the Paris Show in 2011. Note the NOCTIS windows in business class:

flightglobal.com

Here are the current interior photos from info.cseries.com

The web site says that the images represent "orders and commitments by customers of CSeries family of aircraft."

Notice the NOCTIS SPD windows in Business Class. Bombardier is the third largest aircraft manufacturer in the world and going head to head with Boeing and Airbus with the CSeries. It appears (although there has been no official announcement from Vision Systems or Bombardier) that SPD aircraft windows will be flying on these planes.

[N. Dixon] Research Frontiers Q3 Conference Call now available for 90 days on their web sit...

N. Dixon — 11/9/2013 12:23:38 AM

Research Frontiers Q3 Conference Call now available for 90 days on their web site.
smartglass-ir.com

Some very exciting projections of earnings next year with the inclusion of the beautiful 2015 Mercedes Benz S-Class, which will be in showrooms Fall 2014

This is the beginning of a very exciting time for Research Frontiers. For those of us who invested in SPD technology becoming THE best selling smart glass technology in the world, those days are NOW. Hundreds of millions in revenues from the automotive market over the next few years as we see all the major players coming on board with their SPD auto glass.

Great times!

ND

[N. Dixon] Hatteras Unveils New Yacht Featuring SPD-Smart ProductsFriday, November 1st, 201...

N. Dixon — 11/1/2013 11:41:36 AM

Hatteras Unveils New Yacht Featuring SPD-Smart ProductsFriday, November 1st, 2013
Hatteras.doc

FORT LAUDERDALE, FLORIDA. November 1, 2013. Hatteras Yachts unveiled their new flagship motor yacht, the new 100 Raised Pilothouse, at the 2013 Fort Lauderdale International Boat Show today, at C Dock #355. One distinctive feature of the new 100-foot motoryacht by Hatteras is the dual skylights in the galley, which feature SPD-SmartGlass as standard equipment.

During the day, the SPD-Smart skylights substantially reduce the heat in the galley of this Miami-based yacht, making a noticeable difference in the effectiveness of the air conditioning on board this luxurious floating mansion. Published data by Mercedes-Benz has found that use of its MAGIC SKY CONTROL roof using SPD-Smart technology instead of conventional tinted glass can lower cabin temperatures by up to 10C°/18F° and offer 95% heat blockage. That is the difference between a sweltering 90F° and a comfortable 72F°.

A Hatteras spokesman explained that at night, in the dark state, the skylights also reduce light from the galley interfering with operation of the boat from the pilothouse.

SPD-Smart technology has become the world’s best-selling smart window technology and is featured on many commercially available world class products, including the Mercedes-Benz SLK and SL roadster. Next year SPD-Smart technology will become available in the all-new Mercedes-Benz flagship S-Class sedan and standard equipment on all cabin windows for the new HondaJet’s being delivered.

Research Frontiers has invested over $90 million to develop SPD-Smart light-control technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic, either manually or automatically. Research Frontiers holds over 450 patents and patent applications worldwide and has built an infrastructure of over 40 licensed companies that collectively are capable of serving the growing global demand for smart glass products in automobiles, homes, buildings, museums, aircraft and boats. For more information, please visit 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” and “SPD-SmartGlass” are trademarks of Research Frontiers Inc. MAGIC SKY CONTROL, Mercedes-Benz, and model designations SLK, SL and S-Class are trademarks of Daimler A.G., and “HondaJet” is a trademark of Honda Aircraft Company.

[N. Dixon] Same guy who predicted REFR "Bankruptcy" in 2006. Message 22139691 Learn more ...

N. Dixon — 10/31/2013 9:59:24 PM

Same guy who predicted REFR "Bankruptcy" in 2006.

Message 22139691

Learn more about him here. asensioexposed.com

ND

[N. Dixon] atgshades.com President and CEO Simon Kay speaking with AIX TV at the Aircraft ...

N. Dixon — 10/31/2013 9:52:25 PM

atgshades.com

President and CEO Simon Kay speaking with AIX TV at the Aircraft Interiors Expo 2013 in Hamburg, Germany

Aerospace Technologies Group

[Bill Wexler] REFR - a stock fraud, and its executives criminals.

Bill Wexler — 10/31/2013 3:38:35 AM

[N. Dixon] SPD-SmartGlass: The World’s Best Selling Smart Window Technology Dominates the N...

N. Dixon — 10/28/2013 5:21:15 PM

SPD-SmartGlass: The World’s Best Selling Smart Window Technology Dominates the NBAA Aircraft Show in Las Vegas This Week
Thursday, October 24th, 2013
SPD News From The 2013 NBAA Exhibition.pdf

Those of you who follow Research Frontiers on social media, get our press releases, or who receive email updates from us, knew it was going to be a busy week for SPD-SmartGlass. Contrary to the popular Las Vegas tagline that “Whatever happens in Vegas stays in Vegas,” we hope that you enjoy this recap of the week’s events at the National Business Aviation Association (NBAA) aircraft show in Las Vegas:

SPD-SMARTGLASS: THE WORLD’S BEST-SELLING SMART WINDOW TECHNOLOGY DOMINATES THE NBAA AIRCRAFT SHOW IN LAS VEGAS THIS WEEK

Las Vegas, Nevada – October 23, 2013. The 2013 NBAA exhibition is ending today, and SPD-Smart electronically dimmable windows (EDWs) for aircraft dominated the category both in the exhibit halls and at the airport.

Joseph M. Harary, President and CEO of Research Frontiers noted after a full week of events at the NBAA: “SPD-SmartGlass technology has become the best-selling smart window technology in the world and has reliably proven itself in many thousands of Mercedes-Benz vehicles on the road today with the Magic Sky Control panoramic roofs. This same growing awareness of SPD-Smart technology in the automotive industry is now occurring in the aircraft industry through our efforts and those of our licensees, and their customers and strategic partners. We very much appreciate the hard work and focus by growing teams of people around the world who are involved with making and selling products using our patented SPD-Smart technology.”

There was a strong showing of SPD-Smart electronically dimmable windows, and now an aircraft industry first – skylights – from licensees of Research Frontiers, their strategic partners, and aircraft OEMs. Important announcements were issued from the NBAA that highlight the increased presence and adoption of SPD-Smart windows, and now skylights, in the aircraft industry:

Dassault Falcon 5X

The biggest news at this year’s NBAA was the long-awaited unveiling of the Dassault Falcon 5X. It is the largest, most powerful, and most advanced Falcon jet ever built by Dassault. One of the most talked-about features on this aircraft is an industry first: business aviation’s first skylight. Dassault describes this feature as follows: “This unique window on the sky transforms your perception of space while providing natural light from above.”

This “zenith window,” to be standard equipment on the Falcon 5X, is an SPD-Smart skylight supplied by Vision Systems. This same technology can be used for passenger cabin windows when this feature is considered by Dassault later on in the aircraft’s design cycle as it gets closer to production.

Dassault’s New Falcon 5X Features an SPD-Smart Skylight

Dassault was faced with a critical need to manage the intense solar light, glare and heat coming into the cabin, particularly when the aircraft is at altitude, where the solar rays, including ultraviolet radiation, are much stronger than when on the ground. Vision Systems’ SPD-Smart Nuance Dual provided the complete solution. The SPD-Smart film used in this skylight can block over 99.9975% of all visible light while also controlling heat inside the cabin and blocking UV full time.

Honda Aircraft Company

HondaJet expects to deliver their new HondaJet aircraft to customers towards the end of 2014, and production has already started on these aircraft. They will feature Vision Systems’ SPD-Smart Nuance windows as standard equipment and are fully integrated into the aircraft’s cabin management system. There was great excitement at the HondaJet press conference as its CEO, Michimasa Fujino, announced the history of the aircraft’s development and outlined its production and certification timetable.

SPD-Smart windows were shown at the HondaJet press conference and at HondaJet’s large exhibit at the NBAA, along with an SPD-Smart window demonstrator.

Click here to see a video of the new HondaJet SPD-Smart Window Demonstrator

Please enjoy this video by HondaJet showing the HondaJet’s SPD-Smart Nuance window controlled using an iPad.

Aerospace Technologies Group (ATG)

ATG, the world’s leading supplier of dual window shades for commercial and corporate aviation, and Research Frontiers licensee InspecTech joined forces earlier this year to offer the aerospace industry products featuring SPD-Smart technology. This week at the NBAA, ATG featured their product line using InspecTech’s SPD-Smart electronically dimmable windows. ATG’s adoption of SPD is the result of years of EDW evaluation and development efforts by ATG.

ATG showcased a range of their Tranquility Shade Systems (SPD-only) and Panacea Shade Systems (SPD in combination with a motorized pleated shade) for various specific aircraft models including Airbus, Boeing, Cessna and Gulstream.

Video of the Tranquility Shade System

GKN Aerospace

GKN Aerospace (the world leader in aircraft cabin windows, with over 3 million windows in service today, and a licensee of Research Frontiers) is also developing SPD-SmartGlass aircraft windows. As noted in their press release about their presence at the NBAA:

“In addition to the Global 7000/8000, the aircraft transparencies operation equips the Beechcraft KingAir, the Lear 35/45 and 60 – and the complete Embraer aircraft family. The company’s latest passenger windows are the largest and most effective on the market and GKN Aerospace is developing new dimmable cabin management technology that will include full cabin blackout – providing passengers with new levels of comfort and environmental control during their journey.”

InspecTech Aero Service

In addition to their involvement with exhibits by their strategic partners ATG, GKN, Lou Martin, and MSA, InspecTech unveiled their iCabin line of cabin management systems at this year’s NBAA. The iCabin delivers streaming media content and complete control over various components of the aircraft cabin interior such as lights, information, and of course, SPD-Smart electronically dimmable windows. Their product line ranges from entry-level systems for private aircraft at a small fraction of the cost of most aircraft cabin management systems, to complete and sophisticated systems that can support numerous users. More information is available at: iCabinApp.com.

Lou Martin & Associates

InspecTech’s strategic partner Lou Martin & Associates showcased their SPD-Smart E3 Shades, an EDW developed with InspecTech. This shading system integrates Lou Martin’s electromechanical pleated shade with InspecTech’s SPD-Smart iShade dimmable window.

Lou Martin & Associates describes the E3 Shade as follows: “This window shade system, developed with our strategic partner InspecTech Aero Service, integrates Lou Martin’s reliable and aesthetic electromechanical pleated shade with InspecTech’s SPD-Smart iShade dimmable window shade. Aircraft owners and operators can keep the soft fabrics and warm colors of our shades and benefit from the extraordinary smart film technologies used by InspecTech. The E3 Shade is comprised of three technologies. The first is our Electromechanical Pleated Shade, known worldwide for high performance, reliability, and elegant design. This is coupled with InspecTech’s iShade, which features two electronic switchable films. Its SPD-Smart film is capable of being precisely ‘tuned’ to allow any level of light to enter the cabin – from optically clear, to very dark, and to any level of tint in between. iShades also offer 100% privacy and control of soft, diffused lighting when desired. The three technologies in the E3 Shade put the power of light and glare control, and interior design beauty, into the hands of individual passengers. E3 Shades are the complete answer.”

MSA Aircraft Products

MSA Aircraft Products, a strategic partner of InspecTech, featured several different SPD-Smart windows at its NBAA booth. The products which MSA now offers combine InspecTech’s SPD-Smart iShade dimmable window with an elegant pleated shade. MSA’s pleated shades have been the dominant choice for window treatments among aircraft operators, with over 40,000 units produced. The integration of InspecTech’s SPD-Smart iShade greatly enhances the flexibility and light-control capability now available to MSA Aircraft Products’ customers. The partnership with MSA extends the distribution of InspecTech’s SPD-Smart iShades, which is already being used on 30 models of aircraft.

MSA’s SPD-Smart products offer a combination of performance benefits in a single system – view preservation, variable shading, complete privacy, and a broader set of interior design options with the addition of a pleated shade. This integration highlights the creative potential and adaptability of SPD technology.

Vision Systems

One of the busiest booths at the NBAA was the Vision Systems exhibition of several new products including their Noctis. Nuance and Nuance Dual brands of SPD-Smart aircraft windows. Also on display was Energia, their new solar-powered SPD-Smart aircraft window using technology from SunPartners, as well as SPD-Smart aircraft windows which also incorporate pleated and fabric shades.

A large and expanding team of over 15 people from Vision Systems and their strategic partners attended the show and celebrated the introduction of these new products and the announcement by Dassault of the SPD-Smart Nuance Dual skylight for the new Dassault Falcon 5X jet. At the same time, Vision Systems also presented their retrofit SPD-Smart sun visor product at Busworld in Belgium. More details about these exciting developments are available in the original news releases about this.

This video shows the Vision Systems Noctis, Nuance, and Nuance Dual product line of aircraft windows using SPD-Smart technology.

[N. Dixon] Research Frontiers: Regulation Fd DisclosureThe following excerpt is from the co...

N. Dixon — 10/23/2013 5:51:49 PM

Research Frontiers: Regulation Fd DisclosureThe following excerpt is from the company's SEC filing.

For many years the aviation industry has been eagerly anticipating the launch of the shrouded-in-secrecy Dassault Super-midsize (SMS) jet. Described by the press as the biggest news at this year's NBAA convention in Las Vegas, the unveiling occurred this week to a standing-room only crowd of international press, with the SMS being officially named the Dassault Falcon 5X. It is the largest, most powerful, and most advanced Falcon jet ever built by Dassault.

One of the most remarkable new aircraft interior design innovations on the Falcon 5X is the zenith window a roof window welcoming passengers and crew as they enter the aircraft to create an elegant and spacious feeling. This is a true industry milestone business aviation's first skylight. To offer this enhanced cabin interior feature, Dassault was faced with a critical need to manage the intense solar light, glare and heat coming into the cabin, particularly when the aircraft is at altitude, where the solar rays, including ultraviolet radiation, are much stronger than when on the ground.

Vision Systems President and CEO, Carl Putman explained the background behind this latest innovation: Our dimmable solution based on our Nuance product was a unique response to meet Dassault's requirement to realize its breakthrough innovation: the cabin skylight. No mechanical blind could have been integrated in such compact and critical environment. The optical performance and the fast reactivity of our technology allowed Dassault to achieve an exceptional ambiance in the cabin of their new Falcon 5X."

Nuance Dual was the solution developed and proposed by Vision Systems to effectively and quickly control heat, light and glare while also blocking UV full time, and was chosen by Dassault for the skylight in this new aircraft. Nuance Dual is the darkest electronically dimmable window (EDW) product ever used in the aircraft industry. Vision Systems' Nuance and Noctis lines of smart window products use Research Frontiers patented SPD-Smart light-control film technology. The SPD-Smart film instantly controls light transmission from dark to clear, or any level of tint in between, either automatically or at the push of a button. The SPD film used in Vision Systems' Nuance product blocks 99.5% of visible light, and the SPD film used in their Nuance Dual product blocks 99.9975% of visible light. Both provide full time blockage of UV, and reduce solar heat gain inside the cabin.

Joseph M. Harary, President and CEO of Research Frontiers, noted: The use of SPD-SmartGlass in an aircraft roof is new and unique. It has been reliably used in the automotive industry for years under extreme conditions from the Arctic Circle to Death Valley. Millions of times per year, drivers of the Mercedes-Benz SLK and SL roadsters press a button and instantly change the tint of their roofs to create an open air feeling even with the roof closed, while blocking 95% of the heat, and over 99.5% of the light coming into their vehicle. Mercedes' own tests show that this glass reduces the cabin temperature inside the vehicle by 18°F (10°C). This reduces the use of power to the air conditioner. On an aircraft, the need to keep the cabin cool without running the engines or hooking the aircraft up to auxiliary power is even more important. SPD-Smart light control technology provides an elegant and ideal solution to these engineering challenges, while giving Dassault's designers the ability to accomplish something never before done in the aircraft industry the ability to enhance the passenger experience and elegantly accentuate the spaciousness of their interiors by including a skylight as standard equipment in the cabin without worrying about solar heat gain inside the fuselage.

The SPD-SmartGlass technology used on the new Dassault 5X is also standard equipment on the cabin windows for the new HondaJet being delivered to customers next year. It has become the world's best-selling smart window technology and is featured on such world class products as the Mercedes-Benz SLK roadster, SL roadster, and next year will be in the all-new Mercedes-Benz flagship S Class sedan.

Details are noted in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. This press release is also available on the Company's website at www.SmartGlass.com and at various other places on the internet.

The information in this Form 8-K or the press release reproduced herein shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

RESEARCH FRONTIERS INCORPORATED /s/ Seth L. Van Voorhees By: Seth L. Van Voorhees Title: CFO and VP, Business Development

[N. Dixon] vision-systems-aero.fr [graphic] VISION SYSTEMS’ POLARIZING SOLUTION IN DASSAU...

N. Dixon — 10/23/2013 4:39:20 PM

vision-systems-aero.fr

VISION SYSTEMS’ POLARIZING SOLUTION IN DASSAULT’S SMS
PROJECT UNVEILED AT NBAA LAS VEGAS
System supplier for Dassault Aviation since 2005, Vision Systems participates in Dassault’s Super
Mid Size (SMS) project with its polarizing solution Nuance Dual for the “zenith window”.
Dassault’s new aircraft presented at NBAA will feature a roof window at the cabin entrance
allowing a skylight in this area. Furthermore, Vision Systems will equip cabin windows with
manual and motorized shades.

Vision Systems’ solar protection solution Nuance Dual is based on Research Frontiers’ SPD
technology (suspended particle device). It offers instant and precise control through the Cabin
Management System to regulate the amount of light and heat transmitted through the window.

“We are delighted to take part of this exciting project. On the strength of our successful
collaboration with Dassault for cockpit solar protection solutions and the 1st
smart solution, Eclipse, for the shower window on the F7X, we are proud to provide Dassault with our latest
innovations.” stated Jérôme Monvaillier, Managing Director, Vision Systems Aeronautics.

Nuance Dual is part of a complete range of solar protection systems. Vision Systems’ smart
dimmable windows can be controlled through a control panel directly on the window or on
personal devices (tablet, smartphone). These solutions are suitable for retrofit and new
constructions, glass or thermoplastic, flat or curved windows. Easy to maintain (integrated
electronics) and lightweight for increased fuel efficiency, they also enable lower cooling costs as
they are dark when unpowered.
A new and unique smart dimmable solution is Energia, an autonomous transparent photovoltaic
window. This green solution integrates SunPartner Technologies’ Wysips Glass® technology,
which transforms any support into a self-powered surface, from the sun or artificial lighting.
Motorized pleated and roller shades as well as cockpit sun blinds and sun visors come and
complete Vision Systems’ solar protection range, presented at NBAA at Vision Systems’ stand,
central hall 9522.

[N. Dixon] Dassault’s New Falcon 5X Feature An SPD-Smart Skylight, Wednesday, October 23rd,...

N. Dixon — 10/23/2013 4:26:51 PM

Dassault’s New Falcon 5X Feature An SPD-Smart Skylight,
Wednesday, October 23rd, 2013
Vision Systems SPD-Smart Skylight on Falcon 5X Press Release-Oct 23 2013.doc

Aviation industry first: The largest, most powerful, and most advanced Falcon jet ever built by Dassault will have a variable light transmission SPD-SmartGlass skylight supplied by Vision Systems using Research Frontiers’ patented SPD-Smart technology.

Las Vegas, Nevada, USA – October 23, 2013. For many years the aviation industry has been eagerly anticipating the launch of the shrouded-in-secrecy Dassault Super-midsize (SMS) jet. Described by the press as the biggest news at this year’s NBAA convention in Las Vegas, the unveiling occurred this week to a standing-room only crowd of international press, with the SMS being officially named the Dassault Falcon 5X. It is the largest, most powerful, and most advanced Falcon jet ever built by Dassault.

One of the most remarkable new aircraft interior design innovations on the Falcon 5X is the “zenith window” – a roof window welcoming passengers and crew as they enter the aircraft to create an elegant and spacious feeling. This is a true industry milestone – business aviation’s first skylight. To offer this enhanced cabin interior feature, Dassault was faced with a critical need to manage the intense solar light, glare and heat coming into the cabin, particularly when the aircraft is at altitude, where the solar rays, including ultraviolet radiation, are much stronger than when on the ground.

Vision Systems President and CEO, Carl Putman explained the background behind this latest innovation: “Our dimmable solution based on our Nuance product was a unique response to meet Dassault’s requirement to realize its breakthrough innovation: the cabin skylight. No mechanical blind could have been integrated in such compact and critical environment. The optical performance and the fast reactivity of our technology allowed Dassault to achieve an exceptional ambiance in the cabin of their new Falcon 5X.”

Nuance Dual was the solution developed and proposed by Vision Systems to effectively and quickly control heat, light and glare while also blocking UV full time, and was chosen by Dassault for the skylight in this new aircraft. Nuance Dual is the darkest electronically dimmable window (EDW) product ever used in the aircraft industry. Vision Systems’ Nuance and Noctis lines of smart window products use Research Frontiers patented SPD-Smart light-control film technology. The SPD-Smart film instantly controls light transmission from dark to clear, or any level of tint in between, either automatically or at the push of a button. The SPD film used in Vision Systems’ Nuance product blocks 99.5% of visible light, and the SPD film used in their Nuance Dual product blocks 99.9975% of visible light. Both provide full time blockage of UV, and reduce solar heat gain inside the cabin.

Joseph M. Harary, President and CEO of Research Frontiers, noted: “The use of SPD-SmartGlass in an aircraft roof is new and unique. It has been reliably used in the automotive industry for years under extreme conditions – from the Arctic Circle to Death Valley. Millions of times per year, drivers of the Mercedes-Benz SLK and SL roadsters press a button and instantly change the tint of their roofs to create an open air feeling even with the roof closed, while blocking 95% of the heat, and over 99.5% of the light coming into their vehicle. Mercedes’ own tests show that this glass reduces the cabin temperature inside the vehicle by 18°F (10°C). This reduces the use of power to the air conditioner. On an aircraft, the need to keep the cabin cool without running the engines or hooking the aircraft up to auxiliary power is even more important. SPD-Smart light control technology provides an elegant and ideal solution to these engineering challenges, while giving Dassault’s designers the ability to accomplish something never before done in the aircraft industry – the ability to enhance the passenger experience and elegantly accentuate the spaciousness of their interiors by including a skylight as standard equipment in the cabin without worrying about solar heat gain inside the fuselage.”

The SPD-SmartGlass technology used on the new Dassault 5X is also standard equipment on the cabin windows for the new HondaJet being delivered to customers next year. It has become the world’s best-selling smart window technology and is featured on such world class products as the Mercedes-Benz SLK roadster, SL roadster, and next year will be in the all-new Mercedes-Benz flagship S Class sedan.

About Vision Systems

Vision Systems Noctis, Nuance and Nuance-Dual brand of SPD-Smart skylights, windows and sunvisors for aircraft, cars, trucks, boats, RVs, trains and busses offer rapid and precise light-control at all levels, providing a solar protection solution enhancing safety, comfort and energy efficiency.

Headquartered near Lyon, France for more than 80 years, Vision Systems specializes in three areas:

Vision Systems Aeronautics designs and produces innovative solutions for business jets, helicopters, regional and continental aircrafts: solar protection, IFEC, CMS, video surveillance, composite structures and thermoformed parts. Vision Systems Automotive provides global solutions for the land transport and specific vehicles: CCTV, solar protection, driver protection door, side mirrors and driver assistant systems. Vision Systems Marine offers solar protection, cabin management, multimedia and video surveillance systems.

Vision Systems recently expanded its production capacity for its award-winning SPD-Smart aircraft, marine, and mass transit products by opening a second factory in Melbourne, Florida to supplement its existing production lines in Brignais, France.

For more information, visit vision-systems.fr.

For further information, please contact:

Frédéric Jacquemin Cyrille Laitier
Sales Director COO & EVP Vision Systems North America
+33 (0)4 72 31 92 06 +1 321 265 5110
fjacquemin@visionsystems.fr claitier@visionsystems-na.com

About Research Frontiers Inc.

Research Frontiers (Nasdaq: REFR) has invested over $90 million to develop SPD-Smart light-control technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic, either manually or automatically. Research Frontiers holds over 450 patents and patent applications worldwide and has built an infrastructure of over 40 licensed companies that collectively are capable of serving the growing global demand for smart glass products in automobiles, homes, buildings, museums, aircraft and boats. For more information, please visit 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” and “SPD-SmartGlass are trademarks of Research Frontiers Inc. “Noctis”, “Nuance” and “Nuance Dual” are trademarks of Vision Systems.

For further information, please contact:

Michael LaPointe
Vice President – Aerospace Products
Research Frontiers Inc.
+1-516-364-1902
info@SmartGlass.com

Home Automotive Products Aircraft Products Architectural Products Marine Produc

ND

[N. Dixon] twitter.com [graphic] Research Frontiers?@SPDSmartGlass Don't miss NBAA 2013 ...

N. Dixon — 10/19/2013 2:12:35 PM

twitter.com

Research Frontiers?@SPDSmartGlass

Don't miss NBAA 2013 next week! It's going to be a big week! We'll keep you posted here on Twitter. pic.twitter.com/bTCXSOS4vL

7:58 AM - 17 Oct 13

[N. Dixon] Posted today. Made in Germany. youtube.com ND

N. Dixon — 10/10/2013 11:57:15 PM

[N. Dixon] Mercedes SLK 200 Radar Safety Edition announced for Japan [graphic] Mercedes SLK...

N. Dixon — 10/4/2013 6:49:00 PM

Mercedes SLK 200 Radar Safety Edition announced for Japan

Mercedes SLK 200 Radar Safety Edition 04.10.2013

Production limited to 100 units
Mercedes has introduced the SLK 200 Radar Safety Edition in Japan.

Dressed in Polar White, the special edition features a Magic Sky Control panoramic roofand an AMG sport package which includes a new front bumper, revised side skirts and a modified rear fascia. The package also adds AMG-branded brake calipers and 18-inch alloy wheels.

Interior changes are relatively limited but the model comes nicely equipped with Bengal Red Nappa leather seats and "solar red" ambient lighting. As the name implies, the car has also been equipped with the Radar Safety Package which adds Distronic Plus, Brake Assist Plus, Blind Spot Assist, and Lane Keeping Assist.

Like the standard model, the SLK 200 Radar Safety Edition has a turbocharged 1.8-liter that produces 184 HP (135 kW) and 270 Nm (199 lb-ft) of torque.

Production will be limited to 100 units and pricing starts at ¥6,330,000 ($65,185 / €47,960).

Source: Mercedes-Benz via Auto Evolution

worldcarfans.com

[N. Dixon] RESEARCH FRONTIERS’ LICENSEE VISION SYSTEMS AND THEIR PARTNER VAUPELL JOINTLY EX...

N. Dixon — 10/4/2013 12:47:29 PM

RESEARCH FRONTIERS’ LICENSEE VISION SYSTEMS AND THEIR PARTNER
VAUPELL JOINTLY EXHIBIT SPD-SMART WINDOW SYSTEM FOR AIRCRAFT

Vision Systems SPD-Smart dimmable window, integrated with Vaupell window assembly,
showcased this week at the AIX Americas aerospace trade show in Seattle, Washington.

Seattle, WA, and Woodbury, NY – October 4, 2013. Research Frontiers (Nasdaq: REFR) licensee Vision Systems has partnered with Vaupell, a leading supplier of plastic interior components and assemblies to OEM and Tier 1 aircraft manufacturers, to offer the industry a complete SPD-Smart light-control window system. Vision Systems’ Noctis window and control system, integrated with Vaupell’s window assembly, was publicly showcased this week at Vaupell’s AIX Americas booth.

Vision Systems and Vaupell entered into a strategic partnership to develop and offer SPD-Smart Noctis and Nuance windows to OEMs, including Vaupell’s longstanding customer Boeing.

The featured product at Vaupell’s booth was a
commercial aircraft window mockup made SPD-
Smart by Vision Systems’ Noctis dimmable window.

Vision Systems’ SPD-Smart windows offer instant and precise light-control at all levels to provide a solar protection solution that enhances comfort and improves passengers’ experience on aircraft. Nuance and Noctis windows offer complete control of daylight and heat entering the cabin, instantly transform the look of the interior at the touch of a button, and synergistically complement other cabin systems for an unequalled passenger experience. Nuance rapidly transitions from clear to darkly tinted, or any level of tint in between, and Noctis also instantaneously provides total blackout. Nuance and Noctis can be controlled through the cabin management system or directly at the window.

Vision Systems also announced last week that they will unveil the world’s first self-powered dimmable window for aircraft, using Research Frontiers SPD-Smart technology, at the upcoming NBAA trade show in Las Vegas. This product, branded Energia, can operate without using the aircraft’s electrical system. Energia integrates an optically clear layer that is capable of producing its own energy from the sun or artificial light sources. Energia facilitates the process of installing SPD-Smart windows on new production and aftermarket aircraft – no modifications to the aircraft’s existing electrical system are required, because Energia is completely independent from the cabin’s wiring.

To learn more about SPD-Smart products, visit www.SmartGlass.com, or contact:

Michael LaPointe
Vice President – Aerospace Products
Research Frontiers Inc.
+1-516-364-1902
Info@SmartGlass.com

"SPD-Smart" is a trademark of Research Frontiers Inc. “Noctis” and “Nuance” and “Energia” are trademarks of Vision Systems.

[N. Dixon] "Imagine driving down the road and turning into the sun and having your sun viso...

N. Dixon — 10/3/2013 3:41:17 PM

"Imagine driving down the road and turning into the sun and having your sun visor automatically and instantly darken the top part of your windshield."

Automatic SPD-Smart Sun Visor To Be Revealed At Busworld In Belgium Later This MonthThursday, October 3rd, 2013
Vision System SPD-Smart Sunvisor at Busworld 2013.doc

Brignais, France and Woodbury, New York – October 3, 2013. Imagine driving down the road, turning into the sun, and having your sun visor automatically and instantly darken the top part of your windshield to block the glare. Not only will cars, trucks, aircraft, boats, and mass transit vehicles around the world be able to do this, but now you will also be able to install this feature by yourself in minutes.

This new sun visor developed by Vision Systems uses patented SPD-Smart light-control film technology invented by Research Frontiers (Nasdaq: REFR) and a light sensor to automatically and dynamically adjust the sun visor to deal with changing light and glare conditions. The product will make its world debut at Busworld 2013 from October 18-23, 2013 in Kortrijk, Belgium (Vision Systems Booth 4-22).

Carl Putman, President and CEO of Vision Systems commented on their new smart sun visor product: “Glare is a major safety and comfort issue for drivers and passengers around the world. We have been working for almost two years with a major automotive OEM to test the ease of installation, reliability, design and performance of our new sun visor in real world conditions. Customer reaction regarding the effectiveness and ease of use of this product has been excellent, and we believe that our new Noctis brand of SPD-Smart automatically dimming sun visor will enhance driver safety and comfort for our customers in the aircraft, automotive, marine and mass transit industries. The fact that this feature can be easily installed in the aftermarket will bring these benefits to a wider range of drivers.”

Vision Systems’ Nuance and Noctis brands of SPD-Smart electronically dimmable windows and sun visors for cars, trucks, boats, RVs, trains and busses offer instant and precise light-control at all levels to provide a solar protection solution that enhances safety, comfort and energy efficiency.

Joseph M. Harary, President and CEO of Research Frontiers, noted: “SPD-Smart light control technology has become the world’s best-selling smart window technology and is featured on such world class products as the Mercedes-Benz SLK roadster, SL roadster, and next year will be in the all-new Mercedes-Benz flagship S-Class sedan and standard equipment on cabin windows for the new HondaJet. This new sun visor product by Vision Systems brings the many benefits of SPD-Smart technology to an even wider group of passengers and drivers, and will make their driving and traveling experience safer and more enjoyable.”

Another innovative product by Vision Systems, a lightweight solar powered SPD-Smart aircraft window, will be launched the same week as Busworld at the NBAA aircraft show being held in Las Vegas October 22-24, 2013 (Vision Systems Booth C9522). The Vision Systems Energia window integrates SPD-Smart light control film with an optically clear photovoltaic layer that is capable of producing its own energy from the sun or artificial light sources.

About Vision Systems

Headquartered near Lyon, France for more than 80 years, Vision Systems specializes in three activities:

Vision Systems Aeronautics designs and produces innovative solutions for business jets, helicopters, regional and continental aircrafts: solar protection, IFEC, CMS, video surveillance, composite structures and thermoformed parts.

Vision Systems Automotive provides global solutions for the land transport and specific vehicles: CCTV, solar protection, driver protection door, side mirrors and driver assistant systems.

Vision Systems Marine offers solar protection, cabin management, multimedia and video surveillance systems.

Vision Systems combines complementary skills in electronics, mechanics and composite to provide ever more innovative solutions for cost reduction, heightened safety and improved comfort.

For more information, please visit vision-systems.fr.

About Research Frontiers Inc.

Research Frontiers has invested over $90 million to develop SPD-Smart light-control technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic, either manually or automatically. Research Frontiers holds over 450 patents and patent applications worldwide and has built an infrastructure of over 40 licensed companies that collectively are capable of serving the growing global demand for smart glass products in automobiles, homes, buildings, museums, aircraft and boats. For more information, please visit www.SmartGlass.com.

About Busworld 2013

Busworld 2013, the world’s leading trade event for the bus and coach industry, is expected to attract more than 350 exhibitors and 30,000 attendees. Additional information about Busworld 2013 is available from the event website.

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” and “SPD-SmartGlass are trademarks of Research Frontiers Inc. “Noctis” and “Energia” are trademarks of Vision Systems.

For further information, please contact:

Frédéric Arbaudie

Sales Director

Vision Systems

+33 (0)4 72 31 98 10

farbaudie@visionsystems.fr

Joseph M. Harary

President and CEO

Research Frontiers Inc.

+1-516-364-1902

info@SmartGlass.com

[N. Dixon] ATG and Inspectech Feature Dimmable Aircraft Windows With SPD-Smart Technology a...

N. Dixon — 10/2/2013 5:03:18 PM

ATG and Inspectech Feature Dimmable Aircraft Windows With SPD-Smart Technology at AIX AmericasWednesday, October 2nd, 2013
ATG & Inspectech at AIX Americas.doc

Boeing B777 window mockup with ATG’s Panacea SPD-Smart Window
showcased at AIX Americas from October 1-3 in Seattle, Washington.

WOODBURY, NY, and SEATTLE, WA, October 2, 2013 – Aerospace Technologies Group, Inc. (ATG) and Research Frontiers (Nasdaq: REFR) licensee InspecTech Aero Service joined forces earlier this year to offer the aviation industry products featuring SPD-Smart technology. This week at AIX Americas, ATG unveiled a Boeing B777 window mockup with Panacea – an ATG shade system combining ATG’s pleated shade technology with InspecTech’s SPD-Smart window.

Panacea is the result of years of electronically dimmable window (EDW) evaluation and development efforts by ATG, the world’s leading supplier of dual window shade systems for the commercial and corporate aviation industries. ATG describes the product as follows:

“Panacea offers an unmatched combination of benefits. Aesthetically pleasing, Panacea‘s clean design and numerous customizable options offer the ability to create the perfect complement to the aircraft interior. Panacea also offers the complete solution for natural light entering the cabin. Panacea’s dimmable window feature allows virtually instant transition to any level of tint from clear to very dark, thereby eliminating glare while still being able to enjoy the view of the world outside. Deploying the sheer (translucent) fabric shade creates soft, diffused lighting and a cabin ambiance that is second to none. With this sheer shade deployed, the passenger or crew can further control the amount of soft light to be enjoyed, by ”tuning” the EDW. Panacea also offers a true blackout, enabling passengers to sleep comfortably on long-range flights, whether day or night.”

ATG provides customers a full range of SPD-Smart window options: Tranquility, with a clean, sleek look and Panacea, which incorporates an elegant fabric look into a combination electromechanical shade and SPD-Smart window.

Read information about Panacea and Tranquility in the following links:

Panacea Shade System product announcement

Tranquility Shade System product announcement

For more information about SPD-Smart glass or plastic window products, visit smartglass.com, or contact:

Michael LaPointe
Vice President – Aerospace Products
Research Frontiers Inc.
+1-516-364-1902
Info@SmartGlass.com

“SPD-Smart” is a trademark of Research Frontiers Inc. “Panacea” and “Tranquility” are

[N. Dixon] ATG is a Tier 1 OEM for several Boeing Models including the Boeing 777. Today's...

N. Dixon — 10/2/2013 4:47:01 PM

ATG is a Tier 1 OEM for several Boeing Models including the Boeing 777.

Today's press release:

ATG AND INSPECTECH FEATURE DIMMABLE AIRCRAFT WINDOWS WITH SPD-SMART TECHNOLOGY AT AIX AMERICAS

Boeing B777 window mockup with ATG’s Panacea SPD-Smart Window showcased at AIX Americas from October 1-3 in Seattle, Washington.

WOODBURY, NY, and SEATTLE, WA, October 2, 2013 – Aerospace Technologies Group, Inc. (ATG) and Research Frontiers (Nasdaq: REFR) licensee InspecTech Aero Service joined forces earlier this year to offer the aviation industry products featuring SPD-Smart technology. This week at AIX Americas, ATG unveiled a Boeing B777 window mockup with Panacea – an ATG shade system combining ATG’s pleated shade technology with InspecTech’s SPD-Smart window.

Panacea is the result of years of electronically dimmable window (EDW) evaluation and development efforts by ATG, the world’s leading supplier of dual window shade systems for the commercial and corporate aviation industries. ATG describes the product as follows:

“Panacea offers an unmatched combination of benefits. Aesthetically pleasing, Panacea‘s clean design and numerous customizable options offer the ability to create the perfect complement to the aircraft interior. Panacea also offers the complete solution for natural light entering the cabin. Panacea’s dimmable window feature allows virtually instant transition to any level of tint from clear to very dark, thereby eliminating glare while still being able to enjoy the view of the world outside. Deploying the sheer (translucent) fabric shade creates soft, diffused lighting and a cabin ambiance that is second to none. With this sheer shade deployed, the passenger or crew can further control the amount of soft light to be enjoyed, by ”tuning” the EDW. Panacea also offers a true blackout, enabling passengers to sleep comfortably on long-range flights, whether day or night.”

[N. Dixon] Some nice European Commercials featuring SPD sunroofs and side windows can be ac...

N. Dixon — 10/2/2013 10:35:01 AM

Some nice European Commercials featuring SPD sunroofs and side windows can be accessed on YouTube

youtube.com

Other recent ones show SPD side windows on several automobile models. They are uploaded by Dmitriy Knyazhev from Vario Plus in Russia.

ND

[N. Dixon] Update on Market Watch Analysts Analyst raises estimates from .04 to .08 Ear...

N. Dixon — 10/1/2013 12:19:21 AM

Update on Market Watch Analysts

Analyst raises estimates from .04 to .08

Earnings Per Share
...................................................................This QuarterNext QuarterThis FiscalNext Fiscal

# of Estimates	2.00	2.00	2.00	2.00
Mean Estimate	-0.02	-0.01	-0.11	0.06
High Estimates	-0.01	-0.01	-0.09	0.08
Low Estimates	-0.02	-0.01	-0.13	0.03
Coefficient Variance	-47.14	0.00	-25.71	64.28

Analysts Recommendations
........................................................................................current1 Month Ago3 Months Ago

BUY	2	2	2
OVERWEIGHT	0	0	0
HOLD	0	0	0
UNDERWEIGHT	0	0	0
SELL	0	0	0
MEAN	BUY	BUY	BUY

marketwatch.com

[N. Dixon] SEC Filing 8-K smartglass-ir.com Item 7.01 Regulation FD Disclosure On Septe...

N. Dixon — 9/27/2013 5:16:30 PM

SEC Filing 8-K

smartglass-ir.com

Item 7.01 Regulation FD Disclosure

On September 26, 2013 Vision Systems, a licensee of Research Frontiers Inc. (Nasdaq: REFR), announced that it will offer an SPD-Smart dimmable window (“Energia”) that can operate without using the aircraft’s electrical system. Energia integrates an optically clear layer that is capable of producing its own energy from the sun or artificial light sources.

SPD-Smart dimmable windows are increasingly in demand by aerospace OEMs, airlines, operators and aircraft owners. Now, the many practical, technical, and financial benefits of solar power can be added to the instant switching speed, wide range of light transmission, and relief from light, glare and heat already provided by SPD-Smart windows.

Energia facilitates the process of installing dimmable windows on new production and aftermarket aircraft – Energia requires no modifications to the aircraft’s existing electrical system, because it is completely independent from the cabin’s wiring.

Vision Systems’ SPD-Smart electronically dimmable windows offer instant and precise light-control at all levels to provide a solar protection solution that enhances comfort and improves passengers’ experience on aircraft.

Vision Systems announced their partnership with Sunpartner Technologies, the inventor and manufacturer of the transparent photovoltaic panel, and Energia was developed under license from Research Frontiers, the inventor of SPD-Smart light-control technology, and as a collaboration between these companies.

Vision Systems has filed for patent protection on this innovation in the aircraft industry.

Vision Systems will unveil Energia at their booth (C9522) at the 2013 NBAA, to be held October 22-24 in Las Vegas, Nevada, USA.

Joseph M. Harary, President and CEO of Research Frontiers, noted: “We have publicly discussed using photovoltaics with our smart windows to make the already energy-friendly SPD-SmartGlass even more environmentally friendly, and easier to install. This is a remarkable achievement by Vision Systems and Sunpartner Technologies. The extremely low power consumption of SPD-SmartGlass technology, combined with the benefits of solar power, is a formidable combination. The aerospace industry will welcome this news and the additional benefits that the combination of SPD-Smart light control technology and photovoltaics provides, and I believe it also provides an early indicator of where the SPD-SmartGlass industry may be headed across all applications for our technology, not only in the aircraft industry, but in the automotive, architecture and marine industries as well.”

Details are noted in the press releases attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. This press release is also available on the Company's website at www.SmartGlass.com and at various other places on the internet.

This report and the press release referred to herein may include statements that may constitute "forward-looking" statements as referenced in the Private Securities Litigation Reform Act of 1995. Those statements usually contain words such as "believe", "estimate", "project", "intend", "expect", or similar expressions. Any forward-looking statements are made by the Company in good faith, pursuant to the safe-harbor provisions of the Act. These forward-looking statements reflect management's current views and projections regarding economic conditions, industry environments and Company performance. Factors, which could significantly change results, include but are not limited to: sales performance, expense levels, competitive activity, interest rates, changes in the Company's financial condition and several business factors. Additional information regarding these and other factors may be included in the Company's quarterly 10-Q and 10K filings and other public documents, copies of which are available from the Company on request. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this report.

The information in this Form 8-K or the press release reproduced herein shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

[N. Dixon] News Release Today - Vision Systems & Sun Partner Group - HUGE Don't miss the M...

N. Dixon — 9/27/2013 1:25:51 PM

News Release Today - Vision Systems & Sun Partner Group - HUGE

Don't miss the MOST important information in today's Press Release
"World's First Photovotaic Smart Dimmable Aircraft Window To Be Unveiled at NBAA 2013 in Las Vegas"

SUN PARTNER TECHNOLOGIES HAS PARTNERED WITH REFR LICENSEE VISION SYSTEMS.

PARTNERED!!!!!

Do you have any idea how BIG this is? Do you know who Sun Partner Technologies is?

The World Economic Forum just selected Sun Partner Technologies as one of its 36 Technology Pioneers of 2014 at the "Summer Davos" Conference held in Dailin China September 11-13, 2013. This "Annual Meeting of the New Champions" is the FOREMOST GLOBAL BUSINESS GATHERING IN ASIA. Also known as the "Summer Davos" the Meeting creates a great opportunity for exchange between leaders from top- ranked multinationals and chief executive officers of dynamic and fast growing companies , including key decision makers from government, media, academia and civil society.

They are part of Sun Partner Group:

Sun Partner Group won Ernst & Youngs "Entrepreneur of the Year " Award in 2012

Sun Partner Group is a KEY player in intelligent energy surfaces.

We COULD NOT have a more prestigious partner for SPD products in aerospace industry. Their support of SPD will be noticed by the attendees of World Economic Forums, the biggest gathering of business leaders in the world!