<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>ex99.txt
<DESCRIPTION>RESEARCH FRONTIERS PRESS RELEASE DATED DECEMBER 31, 2007
<TEXT>
ALBERT P. MALVINO ANNOUNCES RETIREMENT
FROM RESEARCH FRONTIERS BOARD OF DIRECTORS

WOODBURY, NY, December 31, 2007 - Research Frontiers
Inc. (Nasdaq: REFR), the developer and licensor of
SPD-Smart  light-control technology, announced that Albert P.
Malvino is resigning from its Board of Directors as of today but
will remain on its Advisory Board.

Albert Malvino noted that "It has been a privilege to be part of
Research Frontiers' development. I have served on the Research
Frontiers Board of Directors for over five years. During that
time, I have seen first generation SPD film technology replaced
by improved next-generation SPD light-control film with greater
range and clarity. One major company, Hitachi Chemical, is
now in production of this next-generation SPD film, and a
second film manufacturer is expected to be on line with its own
production shortly. Key licensees of our company have active
businesses relating to Research Frontiers' SPD light-control
technology, and are devoting substantial resources to developing
those businesses. I have great confidence in our current
management team, and now that two new highly-qualified
individuals with strong business backgrounds relevant to our
business have joined our Board of Directors, I can relax, attend
to some health issues, and in a more limited supporting role,
enjoy the benefits that I expect are in store for our shareholders
and licensees over the next phase of Research Frontiers'
growth."


Robert L. Saxe, Chairman of Research Frontiers' Board of
Directors and founder of the company, noted some of Al
Malvino's many achievements: "Al is a problem solver and
creative thinker who has been an important contributor to our
success in reaching this point of development in the Company's
history.  In addition to his publications in the field of electronics
and other works, Al Malvino is the lead inventor on 71 patents
and patent applications held by Research Frontiers worldwide
on methods and devices for controlling SPD-Smart windows
and other products. It has been a great pleasure working with Al,
and I am especially pleased that he will continue to make his
expertise available to Research Frontiers and our licensees and
will remain active on our Advisory Board.  He is not leaving the
Research Frontiers family as much as he is changing his role
within the family."

Albert P. Malvino, Ph.D., age 76, had been a Director of the
Research Frontiers since August 2002, served as Chairman of
the Company's Nominating Committee, and has also been a
member of the Company's Advisory Board since June 2002. Dr.
Malvino trained at the Naval Electronics Technician School and
graduated from the University of Santa Clara Summa Cum
Laude in 1959 with a B.S. degree in Electrical Engineering. For
the next five years, he worked as an electronics engineer at
Microwave Laboratories and at Hewlett-Packard while earning
his MSEE from San Jose State University in 1964. He then
taught at Foothill College for the next four years, wrote five
textbooks, and was awarded a National Science Foundation
Fellowship in 1968. After receiving a Ph.D. in Electrical
Engineering from Stanford University in 1970, Dr. Malvino
embarked on a full-time writing career, creating and revising
electronics-technology textbooks now used throughout the
world. In 1984, he founded Malvino Inc. to publish animated
textbooks and other educational software for electronics. He has
written 10 textbooks that are used at universities, technical
institutes and corporations worldwide and which have been
translated into 20 foreign languages with over 108 editions, and
which have sold over 2 million copies.

About SPD Technology and Research Frontiers Incorporated

Research Frontiers Incorporated (Nasdaq: REFR) develops and
licenses suspended particle device (SPD) technology used in
VaryFast  SPD-Smart controllable glass and plastic products.
Other benefits include noise reduction, greater security for both
privacy and structural integrity, and the protection of interiors
and occupants from heat and harmful ultraviolet radiation. SPD
technology, made possible by a flexible light-control film
invented by Research Frontiers, allows the user to instantly,
precisely and uniformly control the shading of glass or plastic,
either manually or automatically. This film can be used to
transform into "smart" products a variety of products used every
day in homes, buildings, cars, aircraft, boats, trains and
motorcoaches. SPD technology product applications include:
SPD-Smart windows, sunshades, skylights and interior
partitions for homes and buildings; automotive windows,
sunroofs, sunvisors, sunshades, and mirrors; aircraft and marine
windows and window shades; 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, received the 2007 North American Frost & Sullivan
Award for Excellence in Technology for glass, and was also
recognized as one of the top technologies by the Society of
Automotive Engineers' Aerospace Engineering magazine. SPD
technology is covered by over 500 patents and patent
applications held by Research Frontiers worldwide. Currently
34 companies are licensed to use Research Frontiers' patented
SPD light-control technology in emulsions, films, or
end-products. Further information about SPD-Smart technology,
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. Actual results could differ and are not guaranteed.
Any forward-looking statements should be considered
accordingly. SPD-Smart(tm), SPD-SmartGlass(tm),
SmartGlass(tm), VaryFast(tm), Powered by SPD(tm), The View
of the Future - Everywhere You Look(tm) and Visit
SmartGlass.com - to change your view of the world(tm) are
trademarks of Research Frontiers Incorporated.

For further information, please contact:

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