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<TYPE>EX-99
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<DESCRIPTION>PRESS RELEASE DATED OCTOBER 27, 2005
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RESEARCH FRONTIERS LICENSES SPD CONTROL SYSTEMS
TO MAKE ELECTRONIC CONTROL SYSTEMS
FOR SPD-SMART PRODUCTS

Woodbury, NY and Hauppauge, NY - October 27, 2005: Research
Frontiers Incorporated (Nasdaq: REFR) announced today that it
has granted a non-exclusive worldwide license to SPD Control
Systems Corporation (SCSC) to manufacture and sell electronic
and total building control systems for SPD-Smart(tm) products.
In windows, skylights, sunroofs or other products using
VaryFast(tm) SPD-Smart technology, the user can manually or
automatically "tune" the amount of light, glare and heat
entering a building or vehicle.

SCSC will offer standardized, scalable control systems for
architectural smart windows and other products using Research
Frontiers' patented SPD light-control film technology. Depending
on the channel of distribution, a royalty from 5% to 15% will
be paid to Research Frontiers on the sale of licensed products.

SCSC plans to offer products ranging from high-volume control
systems for individual residential windows to fully networked
systems capable of controlling large curtainwall structures
in skyscrapers. Designed with an electronics architecture
that is fully scalable, systems can expand as the number of
SPD-Smart windows increases. SCSC has several pending patent
applications on their systems, including the use of wireless
technologies to simplify the initial installation as well as
the potential expansion or upgrades to the system.

The ability to electronically control light, glare and heat
coming through SPD-Smart windows provides attractive
quality-of-life benefits. Greater use of glass can be used
in the design of homes and buildings, views no longer have
to be blocked with shades or blinds when glare and light
are uncomfortable, and the positive physical and
psychological effects of increased use of natural daylight
are many. SCSC control systems will allow the user to
manually control light passing through glass -
instantly and precisely.

SPD-Smart products also contribute to energy conservation by
utilizing or significantly reducing the effects of solar heat
gain through glass. This gives specifiers and property owners
the opportunity to reduce the required configuration and
square footage of a building's heating, ventilation and
air conditioning (HVAC) system. To achieve the full
potential of the practical benefits of SPD technology,
intelligent control systems are required. Cost-effective,
standardized, scalable and customized products by SCSC
can be programmed to automatically adjust the tint of
windows in portions of a home or building as the sun
crosses the sky. The "skin" of the building can change
continuously to optimize energy efficiency and maintain
a comfortable environment. These systems will further
impact energy costs by reducing the need for high levels
of artificial lighting required when "fixed" window
tinting is used.

Jay Moskowitz, Chairman of SPD Control Systems Corp. and
founder of several other successful electronic products
companies, noted: "We have assembled a management team
and engineering staff with vast systems experience to
create a full product line that will allow SPD-Smart
windows and other products to be controlled in the
smallest residential installation to the largest
commercial environments, and in automotive, aerospace,
rail and marine vehicles as well. Whether it is a
private residence, a small office building, or a
skyscraper with thousands of windows, SCSC will offer
standardized electronic control systems to maintain energy
efficiency and occupant comfort through automated or manual
tinting control."

About SPD Control Systems Corporation

SPD Control Systems Corporation was specifically formed
to support the installation and to achieve the energy
efficiency of SPD-Smart products in small to large-scale
residential and commercial properties, and in vehicles,
with sophisticated energy-conserving control devices.
The company will also operate a remote monitoring facility that
will assist property owners and facilities managers in "tuning"
their buildings to achieve the maximum energy efficiency through
dynamic window tinting control. In addition, the company will
provide specialized engineering resources to assist in the
creation of custom applications of SPD-Smart technology-based
products in a myriad of industries. The key personnel of the
company have over 150 man-years of hardware and software
development experience and have installed and supported
complex telecommunication systems servicing millions of
people worldwide. Information about SPD Control Systems
Corporation may be found on the Internet at
www.spdControlSystems.com.

About SPD Technology and Research Frontiers Incorporated

Research Frontiers Incorporated (Nasdaq: REFR) develops and
licenses suspended particle device (SPD) technology used in
VaryFast (tm) SPD-Smart(tm) light-control glass and plastic products.
SPD technology, made possible by a flexible light-control film
invented by Research Frontiers, allows the user to instantly
and precisely control the shading of glass/plastic manually
or automatically. SPD technology has numerous product
applications, including: SPD-Smart(tm) windows, skylights and
interior partitions for homes and buildings; automotive
windows, sunroofs, sunvisors, rear-view mirrors, instrument
panels and navigation systems; aircraft windows; eyewear
products; and flat panel displays for electronic products.
SPD-Smart film technology was awarded a "Best of What's
New Award" from Popular Science magazine for home technology
and was also named by the Society of Automotive Engineers'
Aerospace Engineering magazine as one of the top new
technologies for 2002. SPD technology is covered by over
450 patents and patent applications held by RFI worldwide.
Currently 34 companies are licensed to use Research
Frontiers' patented SPD light-control technology in emulsions,
film, or end products. Information about Research Frontiers
and its licensees can be found at www.SmartGlass.com.

Note: From time to time Research Frontiers may issue
forward-looking statements which involve risks and
uncertainties. This press release contains forward
looking statements within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Actual results could differ and are not guaranteed.
Any forward-looking statements should be considered
accordingly. SPD-SmartTM, VaryFastTM, Powered by SPDTM,
The View of the Future - Everywhere You LookTM and Visit
SmartGlass.com - to change your view of the worldTM are
trademarks of Research Frontiers Incorporated. Note:
The Systems Behind the GlassTM and Changing the way
you view windowsTM are trademarks of SPD Control
Systems Corporation.

Contact:

SPD Control Systems Corporation
Jay Moskowitz, Chairman
John Petraglia, President
(631) 776-8500
info@spdControlSystems.com

Research Frontiers Incorporated
Joseph M. Harary, President
Patricia A. Bryant, Manager of Investor Relations
(516) 364-1902
info@SmartGlass.com
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