Research Frontiers - REFR
2002 Annual Report
Research Frontiers is no longer a concept company. Now that commercial production and sales of SPD film and end-products has begun, we anticipate a rising tide of licensee sales and rapid growth of earned royalties as our licensees sell products using SPD light-control technology. In February 2002 Joe Harary was promoted to the position of President to help lead Research Frontiers as it embarks on this new and exciting phase with SPD-Smart products being introduced for many applications throughout the world. In March 2002, we promoted Mike LaPointe to the position of Vice PresidentMarketing to head our expanding marketing department to expedite penetration of the numerous markets for SPD light-control technology, as well as to coordinate our worldwide marketing efforts with those of our licensees.
Research Frontiers is now a growth company. This board is to discuss the licensees, markets, products and other topics relating to SPD-smart(TM) technology. |