Jack Derby Resigns from the Board of Directors of Research Frontiers Inc., Effective June 13, 2013
February 21, 2013 at 05:24 pm EST
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On February 19, 2013 Jack Derby resigned from the Board of Directors of Research Frontiers Incorporated effective as of the date of the company's upcoming Annual Meeting of Stockholders. Mr. Derby indicated that his decision was not based upon any disagreement with the Company on any matter relating to the company's operations, policies or practices. The company's upcoming Annual Meeting of Stockholders is currently scheduled for June 13, 2013.
Research Frontiers Incorporated is a material science company, focused on the research, development, manufacturing and marketing of vision and light control technologies. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and/or market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products themselves, such as smart windows, skylights and sunroofs. It has various companies that, in the aggregate, are licensed to primarily serve five SPD-Smart application areas (aerospace, architectural, automotive, marine and display products) in every country of the world. It has licensed its smart glass technology to approximately 40 companies that include chemical, material science and glass companies.