VISION SYSTEMS, A GAUZY COMPANY, DISCUSSES THEIR FORTY-ONE SPD-SMARTGLASS CONTRACTS FOR TRANSPORTATION VEHICLES AT THIS WEEK’S NBAA AEROSPACE SHOW IN ORLANDO

Publisher: Yahoo Finance

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Vision Systems, a Gauzy company and licensee of SPD-Smart light control technology developer Research Frontiers (Nasdaq: REFR) will demonstrate the extensive use of SPD-SmartGlass products for the transportation industry at the NBAA-BACE show in Orlando. At the October 18-20 NBAA aerospace show, Vision Systems will be highlighting many of their projects using SPD-SmartGlass at Booth #3488. These projects include 17 aerospace programs, 9 marine programs, 9 specialty vehicle programs, 3 railway programs, and 3 recreational vehicle programs.

Many of the contracts with transportation OEM and Tier-1 suppliers call for use of the company’s Nuance and Noctis LCG® (light control glass) brands with SPD-SmartGlass as standard equipment on the platforms.

Joseph M. Harary, President and CEO of Research Frontiers, in congratulating Gauzy and Vision Systems on the myriad of expansive contract wins, noted: “Gauzy and Vision Systems have increased production capacity, hired people worldwide, and created new jobs and new products for their customers. The impressive series of recent program wins for SPD-SmartGlass technology for use in automotive, aerospace, marine, transit and other areas, is the direct result of the investments that they have made, and the hard work and focus of many talented people.”

With the use of SPD-SmartGlass light-control film, passengers and occupants in cars, boats, trains, RVs and other vehicles can instantly change the tint of their windows, sunroofs and other glazings to help keep out harsh sunlight and heat, and create an open-air feeling even when the window or sunroof is closed. Glass or plastic using Research Frontiers’ patented SPD-SmartGlass technology effectively blocks UV and infrared rays in both clear and darkly tinted modes, helping keep vehicles cooler, and protecting occupants and interiors while also enhancing security, comfort and privacy. Some of the other benefits of SPD-SmartGlass include significant heat reduction inside the vehicle (by up to 18ºF/10ºC), glare control, reduced noise, and reduced fuel consumption. Independent calculations show that use of SPD-SmartGlass can reduce CO2 emissions by four grams per kilometer, and increase the driving range of electric vehicles by approximately 5.5 percent, and increase gas mileage.

Gauzy’s Vision Systems Nuance and Noctis LCG® brands of SPD-SmartGlass switch states (e.g. from darkly tinted to optically clear) instantly. This performance is essential in transportation vehicles, as the vehicle is in motion, resulting in environmental conditions changing continuously and rapidly. Unlike SPD-SmartGlass, another type of electronically dimmable glass, called Electrochromic, switches states extremely slowly. For example an electrochromic train window can take 15 or more minutes to switch, and it is simply impossible to provide light, glare and heat relief to passengers, as this type of dimmable window cannot keep up with the changing conditions.

The following table outlines Gauzy’s Vision Systems contracts with transportation OEM and Tier-1 suppliers using SPD-SmartGlass technology:

Aerospace Contracts
Helicopter Platforms 5 Contracts
Aircraft Platforms 11 Contracts
Aircraft Platforms: Airline (Retrofit) 1 Contract

Marine Contracts
Sailing Yacht Platforms 3 Contracts
Yacht Platforms 4 Contracts
Cruise Ship Platforms 2 Contracts

Railway Contracts
Railway Platforms 3 Contracts

Specialty Vehicle Contracts
Specialty Vehicle Platforms 9 Contracts

Recreational Vehicle Contracts
RV Platforms 3 Contracts

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