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                                                             VISION SYSTEMS AND AGC

                                                             NEW GENERATION

                                                             SPD-SMARTGLASS PASSENGER

                                                             WINDOW SOLUTIONS

                                                             At the recent Research Frontiers quarterly conference call,
                                                             President and CEO Joe Harary remarked; “Trains can be our
                                                             second-biggest market in the next few years… train cars with
                                                             our technology are well along with their performance testing
                                                             on the rails.... new trains are being built as we speak using our
                                                             SPD-SmartGlass in them.” This year’s InnoTrans trade show
                                                             in Berlin, illustrated the growth of SPD-SmartGlass in the rail
                                                             industry, with solutions that improve the passenger experience
                                                             and benefit train operators. Train manufacturers, operators, and
                                                             train window suppliers primarily in Europe and Asia have all
                                                             been working with Research Frontiers’ patented SPD-Smart-
                                                             Glass technology which allows passengers and crews, at the
                                                             touch of a button, to change the tint of the windows on a train.
                                                             The windows also interface with climate control systems for au-
                                                             tomated control. This technology enables control and manage-
                                                             ment of heat, light and glare coming into railway cars to make
                                                             train cars more comfortable, safer, quieter, and more energy
                                                             efficient. By using SPD-SmartGlass technology, passengers
                                                             and crews can “tune” the amount of light coming into the train
                                                             to preserve and enhance views and reduce unwanted glare.
                                                             AGC and Vision Systems, both licensees of Research Frontiers,
                                                             launched their respective latest generations of SPD-SmartGlass
                                                             EDWs for the rail industry. These “smart windows” control and
                                                             manage both beneficial and undesirable outside elements enter-
                                                             ing train cars through passenger windows. Vision Systems also
                                                             unveiled another new solution, “Info-Vision” window, which
                                                             integrates an electroluminescent display into the SPD-Smart-
                                                             Glass EDW. Vision Systems recently commented about their
                                                             new EDW generation: “Thanks to a new industrial process
                                                             that has already been tried out successfully for the aeronautic
                                                             and marine industries, Vision Systems’ smart shading systems
                                                             provide enhanced optical quality, 30% lower cost and a wider
                                                             range of packaged solutions adapted to each project.”
                                                             Most trains with traditional window shades have passenger
                                                             windows that are also highly tinted, in an attempt to reduce the
                                                             amount of time the shades must be down due to excessive light,
                                                             glare or solar heat. While this reduces somewhat the time the
                                                             shades have to be down, it remains ineffective for many lighting
                                                             conditions. Even when the shade is up, the tint of the window
                                                             limits the passengers’ views outside the train during dusk, night
                                                             time and pre-sunrise hours. SPD-Smart windows eliminates
                                                             this problem with its ability to be in an optically clear state.
                                                             SPD-SmartGlass EDWs dramatically improve the passenger
                                                             experience, by instantly and precisely managing the optimum
                                                             amount of healthy daylight for passenger comfort and well-
                                                             being, and rejecting uncomfortable heat and noise.
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