Research Frontiers Incorporated · NASDAQ:REFR
Research Frontiers — Shareholder Meeting (2003)
9 slides from Research Frontiers's shareholder meeting presentation, 2003
Slide 1: Production of SPD-Smart Products
Production of SPD-Smart Products Building an Industry is not easy. But we did it! Fortunately, we had help! Joseph M. Harary, President Research Frontiers Incorporated www.SmartGlass.com (516) 364-1902
Slide 2: SPD-Smart Product Applications
™ SPD-Smart Product Applications P Windows < Aircraft < Marine < Architectural < Automotive (windows and sunroofs) P Sunvisors P Appliances P Rearview mirrors P Flat panel displays P Eyewear
Slide 3: Smart Glass expected to be a large contributor to glass industry growth
P Smart Glass expected to be a large contributor to growth in the glass industry. < Demand for flat glass in the U.S. forecast to increase 2.5% per year to 6.3 billion square feet ($8.2 billion) in 2003. < Advanced flat glass (low-emissivity, reflective, smart glass, security glass, HUDs, ultraclear
Slide 4: Research Frontiers Incorporated - Woodbury, NY
Research Frontiers Incorporated-Woodbury, NY Corporate Headquarters Laboratories Testing Facilities Licensee Training Facility
Slide 5: What Research Frontiers has accomplished
What Research Frontiers has accomplished P Licensing business model leverages relative strengths and minimizes risks and capital requirements P World-class licensees P Extensive and growing patent portfolio P Strong financial condition P Advanced stage of development P Dominant and well-known techno
Slide 6: Adoption rate accelerating - 25 companies now licensed
Adoption rate accelerating-25 companies now licensed 25 21 13 10 8 1999 2000 2001 2002 2003 (thru 6/9/03)
Slide 7: Research Frontiers licensee supply chain
Light Control Chemical SPD Technology Emulsion Film SPD End-Product Supplier Suppliers Suppliers Manufacturers Air Products AP Technoglass and Chemicals American Glass Products Avery-Dennison Air Products Bekaert SA Bekaert SA and Chemicals BOS Automotive Film Technologies BRG Group/Reid Glass Daini
Slide 8: Refining the Supply Chain
Refining the Supply Chain P We have refined the supply chain by: < Adding multiple sources of supply < Adding expertise diversity < Adding geographic diversity < Making it easier for companies to make SPD-Smart™ products – Chemistry done by the emulsion makers – Coating of emulsion into SPD film don
Slide 9: Importance of Glass Laminators
Importance of Glass Laminators P special expertise in lamination and combining materials to make a super window P connections with major glass and window companies P can inventory SPD film < quicker delivery < more predictable and reliable delivery < ability to do custom sizes (most premium windows)