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SmartGlass International and Schott expand SPD-SmartGlass business internationally

Post Time:Nov 12,2013Classify:Industry NewsView:100

SmartGlass International Ltd., a licensee of Research Frontiers Inc., has entered into an agreement with Research Frontiers to expand the geographic territory where it can offer its line of SPD-SmartGlass architectural products that includes windows, doors, solar shading screens, curtain walls, skylights and rooflites, according to a June 15 release. Under this agreement, SGI can now sell these products worldwide outside of North America.

As part of this expansion, SmartGlass International and the Schott Group also have announced an agreement granting Schott the right to sell SGI’s SPD-SmartGlass products worldwide, except in North America. Sales in the United Kingdom and Ireland where SGI currently has manufacturing and sales offices will continue to be handled by SGI. A similar partnership has been in place for SGI’s LC SmartGlass (liquid crystal privacy glass) that has successfully leveraged SGI’s production capabilities and Schott's worldwide sales and distribution network. With today’s announcements, both companies are expanding the scope of their operations to the next level by planning to offer high-performing SPD-SmartGlass products and their many benefits to the international market.

SPD-SmartGlass transforms widely used products–windows, skylights, sunroofs and more–into products that instantly and precisely control the light, glare and heat entering a room or vehicle. The product 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 building’s or vehicle’s intelligent control system. These 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, according to the release.

John Browne, managing director of SmartGlass International, noted: “The global glass industry is entering a new era where high-performing smart glass products will satisfy longstanding market needs and new ones ranging from energy efficiency to distinctive aesthetics. There is unquestionably a rapidly growing demand for smart glass and our company is committed to achieving a global leadership position in the industry. The move to our new factory, our agreement with Research Frontiers, and the concurrent expansion of our sales and distribution agreement with Schott, reflect our strong belief that SPD-SmartGlass is a strategically-important technology offering tremendous functionality and other benefits to the user with excellent sales potential.”

Joseph M. Harary, president and chief executive officer of Research Frontiers, commented: “The growth of SmartGlass International’s smart glass business over the years reflects their vision, dedication of resources, and competency. Their SPD-SmartGlass sales and distribution agreement with Schott and its worldwide coverage and reputation for advanced glass products, along with SGI's newly expanded manufacturing facilities, represents a formidable combination that will bring the benefits of SPD-SmartGlass to a wider geographic area to better serve the world's needs for advanced SPD-SmartGlass,” according to the release.

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Source: http://www.glassmagazine.com/news-item/commercial/smartglass-international-and-schott-expand-spd-smartglass-business-internationaAuthor:

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