In December 2003, under sublicense from their subsidiary AGC Automotive Americas, Asahi began to evaluate and test the production of SPD-Smart sunroof and other automotive glass products, and has now become directly licensed by Research Frontiers to produce such products for its customers. The minimum annual royalties and other license terms were not disclosed.
Users of SPD-Smart products can manually or automatically "tune" the amount of light, glare and heat that passes through glass or plastic. SPD-Smart products offer functional and aesthetic benefits such as savings on heating and cooling expenses, reduced fading of interior fabrics and other materials, noise-attenuation and impact-resistance, as well as the ability to control light and glare without losing prized views.
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Asahi Glass Company Acquires License for Research Frontiers' SPD-Smart Glass Technology for Use in Sunroofs and Other Automotive Glass Products
Research Frontiers Incorporated announced today that the Asahi Glass Company, Ltd. (Tokyo Stock Exchange: 5201: JP) has acquired a worldwide non-exclusive license to use Research Frontiers' patented SPD-Smart light-control technology for various automotive glass products, including sunroofs and other roof glass systems, as well as use in automotive windows.