WhereDaily News: Research Frontiers Announces New SPD-SmartGlass Architectural License With Teknoglass Solutions at IDTechEx Energy Harvesting Conference
BERLIN, GERMANY--(Marketwired - Apr 2, 2014) - During his keynote address today at the IDTechEx Energy Harvesting Conference in Berlin, Germany, Joseph Harary, President and CEO of Research Frontiers, announced that Teknoglass Solutions LLP has acquired a license from Research Frontiers Inc. to make and sell SPD-SmartGlass architectural smart window products in the United Kingdom and Republic of Ireland. The non-exclusive license grants Teknoglass the right to manufacture and sell SPD-SmartGlass architectural products including windows, doors, solar shading screens, curtainwalls, skylights and skylights, and provides for a 15% royalty to Research Frontiers on sales of licensed SPD-SmartGlass products. The minimum annual royalties and other fees and license terms were not disclosed.