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Non-Tech : Bill Wexler's Dog Pound

REFR 1.560

-2.5%

Nov 7 9:30 AM EST

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To: Bill Wexler who wrote (8069)	7/12/2001 1:40:55 PM
From: Bill Wexler	Read Replies (1) of 10293

Details of the REFR stock fraud....part 2 On July 28, 1997. REFR issued the following press release regarding the debut of their Suspended particle Device (SPD) technology at the SPIE show in San Diego (link to their web site): refr-spd.com In the fourth paragraph, a Dr. Carl Lampert is quoted as saying, "This represents one of the most innovative developments for the glass industry in the past twenty years..." implying that he was referring to REFR's SPD technology. At best this is misleading. We recently got in touch with Dr. Lampert and he stated that he was not referring to SPD at all but to "smart windows" in general. The quote was taken deliberately out of context to give the impression that this was somehow an endorsement of SPD. In fact, no such endorsement was made. Dr. Lampert is a former scientist with the Lawrence Berkely Natinal lab. Dr. Lampert did extensive research on electrochromic devices. Electrochromic technology is currently employed in numerous applications such as self-dimming rear-view mirrors and has gained wide commercial acceptance. In its entire 35-year history, Research Frontiers has failed to commercialize a single product.

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