Research Frontiers Incorporated · NASDAQ:REFR
Research Frontiers — Shareholder Meeting (2003)
49 slides from Research Frontiers's shareholder meeting presentation, Aug 12, 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 growth in the glass industry
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: SPD supply chain and licensees
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)
Slide 10: Hankuk Glass Industries Inc. / SPD Inc. Factory
Hankuk Glass Industries Inc. SPD Inc. Factory located in Incheon, Korea Land: 36,740 square feet Building 29,570 square feet
Slide 11: SPD Film Coating Capacity
SPD Film Coating Capacity 4,456,000 sq. ft. (2 shifts) 6,684,000 sq. ft. (3 shifts) 10,000,000 sq. ft. (expansion)
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Slide 17: Highlights
Highlights P Production Started P Aircraft, architectural, automotive and appliance window products sold P Major marketing campaigns and product launches started by < ThermoView Industries (Alter-Lite™) < InspecTech Aero Service (SPD-Equipped™) (The future at your fingertips™)(I-Shade™) < Razor’s Ed
Slide 18: Award-Winning SPD-Smart Technology
Award-Winning SPD-Smart Technology P SPD-Smart technology received one of Popular Science’s “Best of What’s New” awards for 2002 in the home technology category. Out of the 100 products selected for this award, readers of Popular Science then voted SPD-Smart switchable windows as their number one fa
Slide 19: Current Marketing Program (1)
Current Marketing Program (1) P As a result of our past marketing efforts, Research Frontiers and SPD-Smart™ technology are now well known within the glass industry. P Research Frontiers’ Marketing Campaign continues to expand, with focus continuing on increasing consumer awareness for the benefit o
Slide 20: Current Marketing Program (2)
Current Marketing Program (2) P In November 2002, SPD television commercials targeting 1.6 million upper-income households began airing in New York City, Miami, Fort Lauderdale, West Palm Beach, Dallas, Houston, Corpus Christi, Los Angeles, La Jolla and San Diego, on CNN, CNBC, Fox News, The Food Ch
Slide 21: Trade Shows (2002)
Trade Shows (2002) P February < Heli Expo (Orlando, Florida) < Kyeonghyang Housing Fair (Seoul, South Korea) P March < Singapore glass show < National Glass Association Show (Houston, Texas) P April < Beijing glass show < Hamburg Air Show P May < Aircraft Interiors Show in Dallas/Fort Worth, Texas P
Slide 22: Trade Shows (2003)
Trade Shows (2003) P February < Aircraft Interiors Expo (Hamburg, Germany) < International Boatbuilders’ Exhibition & Conference (IBEX) (Fort Lauderdale, P March < Seatrade Cruise Shipping Convention (Miami, Florida) P April < Fire Department Instructor Conference (FDIC) (Indianapolis, Indiana) < Ai
Slide 23: SPD-Smart Product Installations
SPD-Smart™ Product Installations
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Slide 29: ThermoView Alter-Lite Smart Windows
ThermoView Alter-Lite™ Smart Windows
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Slide 31: Cricursa Cri-Regulite Smart Windows
Cricursa Cri-Regulite™ Smart Windows
Slide 32: Razor's Edge Technologies Smart-Shade and New-View Smart Windows
Razor’s Edge Technologies, Inc. Smart-Shade™ and New-View™ Smart Windows P Strategic Alliances with top frame manufacturers in the U.S. < Precision Millworks, Inc. for wood framed windows < Rebco, Inc. for aluminum framed windows < Thermo-Vu Sunlite Industries, Inc. for residential and commercial sk
Slide 33: Automotive Applications for SPD Technology
Automotive Applications for SPD Technology
Slide 34: BRG Group/Reid Glass
BRG Group/Reid Glass P BRG Group experienced with automotive applications P Reid Glass experienced with architectural glass applications P Strategic location in Detroit area
Slide 35: SPD Smart Sunroofs
SPD Smart Sunroofs
Slide 36: Mercedes EVO Bus with large SPD Sunroof Panels
Mercedes EVO Bus with 6 large SPD Sunroof Panels
Slide 37: Road Rescue UltraMedic ambulance with SPD-Smart windows
At the April 2003 FDIC Show, Road Rescue premiered a new UltraMedic Type III ambulance that features a number of new technologies including smart panel displays, multiplexing, and SPD- Smart window technology. Road Rescue's rear-door and side-patient compartment windows are outfitted with the smart
Slide 38: InspecTech SPD Aircraft Window
InspecTech SPD Aircraft Window InspecTech has received FAA Certification and has already installed SPD windows on aircraft.
Slide 39: Airbus A380 specifications call for smart windows
Airbus A380 specifications call for smart windows. Other major jet manufacturers also interested. Current production models can use SPD windows. Market also exists for regional and executive jets.
Slide 40: SPD Equipped LearJet 25C
SPD Equipped LearJet 25C National Jets, Ft. Lauderdale, Florida
Slide 41: Other SPD-Equipped Aircraft
Other SPD-Equipped Aircraft P InspectTech has installed or is currently engineering SPD-Smart windows for the: < Airbus A320/380 < Bell/Textron 430 Helicopter < Boeing 747, 757, BBJ 737 < Bombardier Global Ex and Challenger < Cessna Citations 525,525A, 550, Excel, and CX < Gulfstream (all models) <
Slide 42: Neiman Marcus Limited Edition Bell 430 Helicopter
Neiman Marcus Limited Edition Bell 430 Helicopter “It's off to the party or any where you please when you have your very own Neiman Marcus Limited Edition 430 helicopter from Bell. From the handsome, deeply hued exterior to the elegant, custom-finished interior, this awe-inspiring aircraft will tran
Slide 43: Neiman Marcus Limited Edition Bell with SPD Doors and Windows
Neiman Marcus Limited Edition Bell 430 with SPD Doors and Windows (Orlando Heli-Expo February 14-16, 2002)
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Slide 45: Aircabin GmbH Exhibit of Airbus ACJ at Hamburg Airshow
Aircabin GmbH Exhibit of Airbus ACJ at Hamburg Airshow (April 9-11, 2002)
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Slide 47: Raytheon King Air 350
Raytheon King Air 350
Slide 48: Raytheon Hawker 800
Research Frontiers Incorporated Raytheon Hawker 800
Slide 49: Research Frontiers SPD-Smart Technology
Research Frontiers SPD-Smart™ Technology The view of the future... everywhere you look.