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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):June 23, 2011
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RESEARCH FRONTIERS INCORPORATED
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 1-9399 11-2103466
(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (IRS EMPLOYER
OF INCORPORATION) IDENTIFICATION NO.)
240 CROSSWAYS PARK DRIVE
WOODBURY, NEW YORK 11797-2033
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (516) 364-1902
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 7.01 Regulation FD Disclosure
On June 20, 2011 Research Frontiers Inc. and its licensee Vision Systems
jointly announced that SPD-Smart electronically dimmable window
shades supplied by Vision Systems were being presented by an unnamed
OEM in their full aircraft cabin mockup at the 49th International
Paris Air Show being held from June 20-26, 2011 at Le Bourget Airport
in France. Details are noted in the press release reproduced below.
On June 23, 2011, with authorization from their customer Bombardier
Aerospace, Vision Systems revealed in the press release reproduced
below that their Noctis brand of SPD-Smart aircraft window shades was
featured in the first class business section of the Bombardier Aerospace
mockup at the Paris Air Show. As noted in the June 20, 2011 press release,
another OEM had featured SPD-Smart aircraft window shade technology
in the mockup of their new aircraft at the European Business Aviation
Convention & Exhibition (EBACE) event in Geneva in May. However,
Vision Systems' June 23, 2011 announcement marks the first time that
the OEM displaying SPD-Smart window shade technology was publicly
identified.
Speaking from the Paris Air Show, Joseph M. Harary, President and CEO
of Research Frontiers, noted that according to a Bombardier spokesperson,
customer reaction to these SPD-Smart windows and to the aircraft in general
was very enthusiastic all week, with additional orders being placed from
the Paris Air Show.
The CSeries from Bombardier is a technologically advanced family of
aircraft for the 100 to 149-seat commercial segment. According to Bombardier
Aerospace's description oth their new aircraft, the body of CSeries
aircraft is built with advanced structural materials to deliver significant
weight savings which contributes to the aircraft's 20% fuel burn advantage
over any in-production aircraft in its class. Its design offers customers a
25% direct maintenance cost savings, produces 20% fewer CO2 emissions and
provides passengers with exceptional comfort for an enhanced travel
experience.
Bombardier Aerospace reported that it had a very successful week at the
2011 Paris Air Show with firm orders, options and purchase rights for its
CSeries airliner and other business aircraft. In June alone, customers
placed firm orders for 33 CSeries aircraft and commitments for options and
letters of intent for 49 additional aircraft were also placed. Entry into
service of the CSeries is scheduled for 2013, and to date, more than
120 firm orders have been placed.
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Bombardier Showcases Vision Systems'
Shading System in its CSeries Aircraft Mock-Up
Le Bourget, Paris, June, 23, 2011- During the Paris Air Show,
Vision System's latest breakthrough shading system, Noctis, will
be on display in Bombardier Aerospace's CSeries*, aircraft cabin
mock-up. Bombardier has equipped the business class windows in
its mock-up with the Noctis system for market evaluation purposes.
With Noctis, business class passengers are able to instantly and
uniformly control the level of light and intensity of heat
entering the cabin. Consistent switching speed, and shading levels,
ranging from very bright to blackout, give the cabin an amazing
look and comfortable feeling. This innovative concept can be
controlled directly at the seat and/or by the cabin crew to
synchronize multiple tintable windows at the same time.
This new technology opens up a new array of design possibilities
for aircrafts and helicopters. Noctis can be used as solar protection,
for black-out or as a cabin divider, allowing areas of privacy.
Developed for the 100- to 149-seat market segment, the CSeries
family of aircraft is Bombardier's all new mainline transport
solution.
* Trademark of Bombardier Inc or its subsidiaries
About Vision Systems
Leader in cockpit solar protection products, referenced by all the
most significant OEM of the sector, Vision Systems, thanks to its
large range of innovative cabin shading systems, is the only
aeronautics supplier producing cockpit and cabin solar protection.
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SPD-Smart Window Shades Presented At The 2011 Paris Air Show
SPD-Smart Window Shades Reduce Heat Build-up in Aircraft Cabins,
Protect Interiors and Provide a More Satisfying Flying Experience
Paris Air Show-Le Bourget, FRANCE. Monday, June 20, 2011 - SPD-Smart
electronically dimmable window shades supplied by Research Frontiers
(Nasdaq: REFR) licensee Vision Systems are being presented by an OEM
in their full cabin mockup at the 49th International Paris Air Show
being held from June 20-26, 2011 at Le Bourget Airport in France.
Vision Systems' SPD-Smart Nuance and Noctis aerospace windows offer
instant and precise light-control at every level which provides original
equipment manufacturers and private aircraft owners a solar protection
solution that enhances flying comfort and supports fuel efficiency.
These electronically dimmable aircraft and helicopter window shades
and cabin dividers are impact-resistant, completely silent, available
in flat and curved surfaces, and can be controlled by the cabin
management system or by passengers. Vision Systems' Noctis SPD-Smart
product line offers enhanced blackout solar protection and complete privacy.
Carl Putman, CEO of Vision Systems, commented: "OEM interest in our Nuance
and Noctis brand of SPD-Smart window shades has accelerated. Last month at
the European Business Aviation Convention & Exhibition (EBACE) event in
Geneva, visitors to our booth and also at our OEM customer's mock-up at
EBACE experienced for the first time in an aircraft mockup the many
benefits that this technology offers to aircraft owners and operators
from an operational standpoint, and the in-flight benefits for flight
crews and passengers. Here at the Paris Air Show, yet another major OEM
has exhibited this technology in a significant way as part of their full
aircraft cabin mockup. These aircraft are scheduled to go into service in
2012 and 2013, and we have geared up our production accordingly based upon
the very good order book that both of these aircraft have amassed already."
Made with patented light-control SPD film developed by Research Frontiers
and currently being produced by Hitachi Chemical Company in their dedicated
factory line in Japan, SPD-SmartGlass is the world's fastest-switching variably
tintable dynamic glazing technology. It is the only dimmable window technology
that gives users the ability to instantly and precisely control the level of
shading to any point between very dark and clear. This provides exceptional
control over solar energy while also adding to user comfort and protecting
interiors. Available in both glass and lightweight polycarbonate substrates,
SPD-Smart products - windows, sunroofs, skylights, doors, partitions and more -
are laminated glazings that offer a distinctive combination of energy
efficiency and security, can be controlled manually or automatically, and
are available in custom sizes and fabrications for original equipment, new
construction, replacement and retrofit projects.
About Vision Systems
Vision Systems is a first tier system supplier of the automotive and
aeronautics industries. Based in France for more than 70 years, the
company has 230 employees and has reached a turnover of 26 million Euros
in 2009. The company's products are focused on innovation and are designed
to ensure competitive advantage to all customers both on cost and
quality performance.
Vision Systems operates two business units: Vision Systems Automotive
and Vision Systems Aeronautics.
Vision Systems Automotive is a business unit dedicated to develop and
produce systems for coaches, busses, trucks, camping-cars and railway. To
reach its growth goals, the automotive division has heavily invested by
designing innovative systems based on multiple technologies such as
electronics, video and mechanics. By assembling these multiple
technologies, Vision Systems Automotive offers to OEMs turnkey systems
in complete systems that are easy to integrate in complex environments.
Vision Systems Aeronautics is dedicated to develop and produce systems
for commercial, regional, and business aircraft, and helicopters. The
aeronautics division has focused on the design, testing and production of
innovative systems to secure its world leadership on solar protections
and to develop turnkey cab interior solutions to improve passenger
comfort.
Further information about Vision Systems' SPD-Smart products can be
found at www.vision-systems-aero.fr/-Nuance-.
About Research Frontiers Inc.
Research Frontiers Inc. (Nasdaq: REFR) is the developer of SPD-Smart
light-control technology which allows users to instantly, precisely and
uniformly control the shading of glass or plastic, either manually or
automatically. Having invested over $80 million to date to develop its
technology, Research Frontiers currently holds approximately 500 patents
and patent applications and has built an infrastructure of 39 licensed
companies that collectively are capable of serving the growing global
demand for smart glass products in automobiles, homes, buildings, aircraft
and boats. Further information about SPD-Smart technology, Research
Frontiers and its licensees can be found at www.SmartGlass.com.
Note: From time to time Research Frontiers may issue forward-looking
statements which involve risks and uncertainties. This press release
contains forward-looking statements. 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. "Nuance" and "Noctis" are
trademarks of Vision Systems.
For further information please contact:
Mr. Jerome Monvaillier
Vision Systems Aeronautics
jmonvaillier@visionsystems.fr
Joseph M. Harary, President and CEO
Research Frontiers Inc.
+1-516-364-1902
Info@SmartGlass.com
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The Press Releases are reproduced above and are also available
at various places on the internet.
This report and the press releases 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 releases 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.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RESEARCH FRONTIERS INCORPORATED
/s/ Joseph M. Harary
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By: Joseph M. Harary
Title: President and CEO
Dated: June 24, 2011