SMART GLASS INDUSTRY AND WORLD’S AUTOMAKERS COME TOGETHER TO CELEBRATE GRAND OPENING OF GAUZY LTD. STATE OF THE ART FACTORY TO MAKE SPD-SMART LIGHT CONTROL FILM

Tel Aviv, Israel, Woodbury, New York and Stuttgart, Germany, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR), Israel-based material science company Gauzy Ltd., and executives from the automotive, and architectural smart glass industries, invited guests and government officials, joined together today to celebrate the opening of Gauzy’s new state-of-the-art production facility in Stuttgart, Germany.

This facility is dedicated to the production of Research Frontiers’ patented SPD-Smart light control film for the entire SPD-SmartGlass industry. Gauzy has developed, and is manufacturing SPD-Smart light control technology, from the chemistry to the final product. The company has a production plant in Tel Aviv making the chemical emulsion and special light-controlling nano particles that are coated in Stuttgart to become SPD-Smart light control film. The custom designed roll-to-roll production line in Germany can produce one million square meters annually of SPD-Smart light control film up to 1.8 meters wide. Designed for the expanding needs of customers for SPD-SmartGlass, the machine offers various roll widths to reduce costs, and can offer laser patterning for custom designs with invisible lines when transparent.

The event today hosted over 150 guests from around the world, including leaders from renowned companies such as Daimler, Audi, BMW, Hyundai, Sekisui, AGC, AGP, Carlex, NSG, SGG, Henkel, and Vision Systems. Speakers included Eyal Peso, Gauzy CEO, Joseph Harary, Research Frontiers CEO, a special greeting from Sandra Simovich, Consul General of Israel to South Germany, and Alexander Satanowsky from Daimler.

Standing in front of the new 11 thousand square meter facility, Eyal Peso, CEO of Gauzy, noted: “Our LCG SPD nanotechnology is revolutionizing mobility and smart cities, contributing to smarter light control solutions. We have invested millions of euros to build this state-of-the-art facility in Stuttgart, the heart of Germany, strategically because of the strong demand and our deep order pipeline, especially in the automotive, architectural, aircraft, train and marine glass industries that we have seen. We are honored to be bringing Israeli Innovation to the region, and have a deep sense of pride to be creating jobs and working with and alongside some of the finest people and companies in Germany.”