Market Watch news -SmartGlass

Date: 7 May 2014

SmartGlass has acquired a license from Research Frontiers Inc. to make and sell SPD-SmartGlass architectural smart window products throughout Europe.

The non-exclusive license grants Smart Glass the right to manufacture and sell SPD-SmartGlass architectural products including windows, doors, solar shading screens, curtainwalls, and skylights, and provides for a 15% royalty to Research Frontiers on sales of licensed SPD-SmartGlass products.The minimum annual royalties and other fees and license terms were not disclosed.

Research Frontiers is the developer and licensor of patented SPD-Smart light-control film technology. SPD-Smart light control film technology transforms widely used products — windows, skylights and more — into products that instantly and precisely control the light, glare and heat entering a home, office, or vehicle. SPD-SmartGlass is instantly tunable to an infinite number of light transmission states regardless of window size, and easily adapts to individual preferences using control devices ranging from basic dimmer switches and photosensors to those that are integrated into a smart home or office intelligent control system. These unequalled performance characteristics help optimize energy-saving daylight harvesting benefits and many other desired outcomes such as increased security, noise reduction and protection from harmful ultraviolet light.

Michael Kelleher, Director of SmartGlass, noted: “Because of our prior experience with Smart Glass International whose assets we acquired earlier this year, we immediately saw the potential for adding SPD-SmartGlass to our existing line of high-end glass products. SPD-SmartGlass offers our customers an unprecedented combination of benefits including energy efficiency, privacy and the preservation of views while at the same time controlling light, solar heat gain, and glare in an elegant manner. Like our other high-end glass products, SPD-SmartGlass adds design aesthetics and functionality to glass.”

If you would like to read more click here.

To contact Smartglass click here.

600450 Market Watch news -SmartGlass glassonweb.com

See more news about:

Others also read

This report was created for strategic planners, international executives and import/export managers who are concerned with the market for nonwired glass sheets of float glass and surface ground or polished glass.
New Business to Support Company's Growing Presence in East and Central African Markets - H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to purchase Continental Products Limited, a provider of industrial adhesives in East and Central Africa.
Coinciding with the fulfillment of the ARTESUN project´s first year (November), the third Project Meeting took place at Corning headquarters in Avon, France    Funded by the European Comission through its Seventh Framework Programme, ARTESUN Project aims to develop organic photovoltaic solar cells (OPV) through the implementation of three full-scale prototypes.
"Opportunity in the Indian Glass Market - 2014 : Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast" provides an insight into the Indian Glass current market scenario, structure and practices.
Dubai Investments (DI) CEO Khalid Bin Kalban has revealed that the Company seeks to examine several expansion opportunities in 2015.
Johns Manville (JM) and Preiss-Daimler (PD) announced today that a Preiss-Daimler group company will acquire Johns Manville’s Glass Textiles business in Sweden.

Add new comment