Research Frontiers Incorporated · NASDAQ:REFR
Research Frontiers — Investor Presentation (May 2007)
15 slides from Research Frontiers's investor presentation, May 2007
Slide 1: 2007 Study of United States LEED Accredited Professionals on the Subject of Smart Glass
www.SmartGlass.com 2007 Study of United States LEED Accredited Professionals on the Subject of Smart Glass Gregory M. Sottile, Ph.D. Research Frontiers Incorporated May 2007
Slide 2: Smart Glass
Smart Glass Materials that visibly change their light-control properties in response to a stimulus Differentiating Characteristics MAJOR TYPES Transmission: light/glare/heat Tuning: Binary vs. multiple states Switching: speed, consistency Passive Active Substrates: glass only vs. glass or po
Slide 3: Sustainable Architectural Design
Sustainable Architectural Design The movement to “Go Green” Sustainable development (U.N. World Commission on Environment and Development) z “Development is sustainable when it meets the needs of the present without compromising the ability of future generations to meet theirs.” Energy consumed by U
Slide 4: Smart Glass and Sustainable Architectural Design
Smart Glass and Sustainable Architectural Design Potential Advantages of Smart Glass z Broad-based integration: z Windows, doors, skylights, light pipes, partitions z Greater control over light, glare and heat z Improved energy efficiency z Optimized building performance via integration with buildin
Slide 5: Overview of the Study
Overview of the Study Population: U.S. LEED Accredited Professionals (Practice area: “Architect”) z United States Green Building Council’s Leadership in Energy and Environmental Design (LEED) Green Building Rating System z Accredits professionals involved in the design and operation of buildings Onl
Slide 6: Respondent Profile
Respondent Profile 84.0% employed by an architectural, design or engineering firm 53.0% are licensed architects Project Activity - Past 12 months: z COMMERCIAL z 72.8% worked on 1+ projects z 53.8% evaluated, recommended or specified glazing z RESIDENTIAL z 35.2% worked on 1+ projects z 20.4% evalua
Slide 7: Sustainable Architectural Design: Activity and Attitudes
Sustainable Architectural Design: Activity and Attitudes % OF PROJECTS THAT INVOLVE Expected Change in % of SUSTAINBLE DESIGN Architectural Projects That Are Commercial Residential Sustainable: Next 5 Years Median 25.0% 25.0% Increase 64.3% Leading Drivers: greatly Increase Potential for energy sa
Slide 8: Importance of Items
Importance of Items Importance: COMMERCIAL Importance: RESIDENTIAL Glazing Glazing Energy efficiency 66.6% Energy efficiency 57.8% Daylighting 42.6% Daylighting 29.2% Aesthetics 23.3% Aesthetics 23.7% Maintenance costs 7.9% View preservation 14.7% View preservation 7.7% Privacy 9.2% Shading 7.7% Saf
Slide 9: Additional Findings
Additional Findings 11.5% Are very satisfied with the current offering of windows, blinds, shades and curtains to address buildings’ light- control needs. 78.3% Believe the importance of glazing for sustainable design will increase over the next 5 years. 79.2% Believe demand for laminated glass is i
Slide 10: Smart Glass: Awareness and Involvement
Smart Glass: Awareness and Involvement 81.5% aware of smart glass Individual/firm ever evaluated, recommended or specified smart glass: z 6.6% for 1+ COMMERCIAL projects z 2.0% for 1+ RESIDENTIAL projects 10
Slide 11: Smart Glass: Most Desired Characteristics and Attributes
Smart Glass: Most Desired Characteristics and Attributes Energy efficiency Durability Integration w/other coatings (e.g. Low-e) Glare reduction Consistent-looking tint regardless of window size Light-control to any point between dark and clear states Blockage of >99% of ultraviolet (UV) light Fast s
Slide 12: Smart Glass Size and Pricing
Smart Glass Size and Pricing Desired maximum dimensions suppliers should offer (median): z Height: 10 ft z Width: 6 ft Maximum price clients expected to be willing to pay: z Commercial z $50 per ft2 (median) z 25% willing to pay $75 or more per ft2 z Maximum: $200 per ft2 z Residential z $50 per ft2
Slide 13: The Outlook for Smart Glass
The Outlook for Smart Glass Likelihood to Recommend or Specify Smart Glass for a Project (Assumes Reasonable Price and Meeting of Specifications) 75.0% 54.3% 50.0% 38.5% 25.0% 6.1% 1.1% 0.0% Not at all Somewhat Somewhat Highly likely likely unlikely likely 13
Slide 14: Summary
Summary Growing movement toward sustainable (i.e. “green”) architectural design Proportion of architectural projects that are sustainable expected to increase over next 5 years Mixed levels of satisfaction with the current offerings of windows, blinds, curtains and shades as they pertain to a buildi
Slide 15: Summary (cont'd.)
Summary (cont’d.) Smart glass offers many advantages to support sustainable design While awareness levels of smart glass are high, involvement levels have been low to date Desired characteristics and attributes of smart glass include energy efficiency, durability and integration with other coatings
Research Frontiers — Investor Presentation (May 2007) on 6ix