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Technology Stocks : Research Frontiers (REFR)
REFR 1.590-0.6%10:24 AM EST

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To: Selvin Sonken who started this subject7/14/2001 1:17:27 PM
From: N. Dixon  Read Replies (1) of 50079
 
Selvin,

There was a news item July 4 on the Hanglas web site regarding SPD Inc.

hanglas.co.kr

One of the Yahoo posters got this translation:

Hanglas Translation
by: jamesdogss 07/13/01 10:44 pm
Msg: 46501 of 46586

I work with an individual who taught English in Korea. She gave me the name of a Korean she corresponds with. Tonight I asked him to translate the Hanglas 7/4/01 Web site announcement. This is his translation:

Hi James,

Nice to talk with you over the internet.
OK, I will translate it those articles as below.

[Source Korea Economy July 4th]

SPDi (CEO KIM SUNG MAN) is announced that they got 4 Million investment yesterday. Which is for starting a new business (their own developed special Glass,
Transmission Variable Glass ?)

Last Month SPDi has got the investments from KTB Network ($800,000), Industrial Bank Capital ($800,000), Industrial Bank ($400,000), Hanvit Bank ($400,00), CHI
($400,000) and

Research Frontier ( $800,000 which is enlisted in the NASDAQ).

SPDi was a Venture company Spin offed from Hnaglas last May. They developed special Glass which is can control Glass's Transparency (Transmission variable Glass ?)
They will start Mass Production the end of this year.

This glass can use for High price Houses, Airplane, Luxury Cars. SPDi already got some orders from Dimuler Chrysler auto maker and Inspec Technology Airplane
company.

Next year's export will be expected 20Million US Dollars.
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