<SEC-DOCUMENT>0001206774-13-001352.txt : 20130408
<SEC-HEADER>0001206774-13-001352.hdr.sgml : 20130408
<ACCEPTANCE-DATETIME>20130408172511
ACCESSION NUMBER:		0001206774-13-001352
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20130404
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130408
DATE AS OF CHANGE:		20130408

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RESEARCH FRONTIERS INC
		CENTRAL INDEX KEY:			0000793524
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				112103466
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14893
		FILM NUMBER:		13749094

	BUSINESS ADDRESS:	
		STREET 1:		240 CROSSWAYS PARK DR
		CITY:			WOODBURY
		STATE:			NY
		ZIP:			11797-2033
		BUSINESS PHONE:		5163641902

	MAIL ADDRESS:	
		STREET 1:		240 CROSSWAYS PARK DR
		CITY:			WOODBURY
		STATE:			NY
		ZIP:			11797-2033
</SEC-HEADER>
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>research_8k.htm
<DESCRIPTION>CURRENT REPORT
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<P align=center><FONT face="Times New Roman" size=2>SECURITIES AND EXCHANGE COMMISSION
<BR>
WASHINGTON, D.C. 20549 <BR>___________________</FONT></P>
<P align=center><FONT face="Times New Roman" size=2>FORM 8-K
<BR>___________________<BR></FONT><FONT face="Times New Roman"></FONT></P>
<P align=center><FONT face="Times New Roman" size=2>CURRENT REPORT </FONT><FONT face="Times New Roman"></FONT></P>
<P align=center><FONT face="Times New Roman" size=2>PURSUANT TO SECTION 13 OR 15(d) <BR>OF
THE SECURITIES EXCHANGE ACT OF 1934 </FONT><FONT face="Times New Roman"></FONT></P>
<P align=center><FONT face="Times New Roman" size=2>DATE OF REPORT (DATE OF EARLIEST EVENT
REPORTED): April 4, 2013 <BR>___________________<BR></FONT><FONT face="Times New Roman"></FONT></P>
<P align=center><FONT face="Times New Roman" size=2>RESEARCH FRONTIERS
INCORPORATED<BR></FONT><FONT face="Times New Roman" size=2>(EXACT NAME OF REGISTRANT AS
SPECIFIED IN ITS CHARTER) </FONT><FONT face="Times New Roman"></FONT></P>
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    <TD noWrap style="text-align: center" width="36%"><FONT face="Times New Roman" size=2>DELAWARE</FONT></TD>
    <TD noWrap style="text-align: center" width="36%"><FONT face="Times New Roman" size=2>1-9399</FONT></TD>
    <TD noWrap style="text-align: center" width="27%"><FONT face="Times New Roman" size=2>11-2103466</FONT></TD></TR>
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    <TD noWrap style="text-align: center" width="36%"><FONT face="Times New Roman" size=2>(STATE OR OTHER
JURISDICTION</FONT></TD>
    <TD noWrap style="text-align: center" width="36%"><FONT face="Times New Roman" size=2>(COMMISSION FILE NUMBER)</FONT></TD>
    <TD noWrap style="text-align: center" width="27%"><FONT face="Times New Roman" size=2>(IRS EMPLOYER</FONT></TD></TR>
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    <TD noWrap style="text-align: center" width="36%"><FONT face="Times New Roman" size=2>OF INCORPORATION)</FONT></TD>
    <TD noWrap align=left width="36%"></TD>
    <TD noWrap style="text-align: center" width="27%"><FONT face="Times New Roman" size=2>IDENTIFICATION
  NO.)</FONT></TD></TR></TABLE><BR>
<P align=center><FONT face="Times New Roman" size=2>240 CROSSWAYS PARK DRIVE <BR>WOODBURY,
NEW YORK 11797-2033<BR></FONT><FONT face="Times New Roman" size=2>(ADDRESS OF PRINCIPAL
EXECUTIVE OFFICES AND ZIP CODE) </FONT><FONT face="Times New Roman"></FONT></P>
<P align=center><FONT face="Times New Roman" size=2>REGISTRANT'S TELEPHONE NUMBER, INCLUDING
AREA CODE: (516) 364-1902 </FONT><FONT face="Times New Roman"></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (see General Instruction
A.2. below): </FONT><FONT face="Times New Roman"></FONT></P>
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    <TD noWrap align=left width="1%"><FONT size=2 face="Times New Roman">[&nbsp;&nbsp;&nbsp; ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>Written communications pursuant to Rule 425
      under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
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    <TD noWrap align=left width="99%">&nbsp;</TD></TR>
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    <TD noWrap align=left width="1%"><FONT size=2 face="Times New Roman">[&nbsp;&nbsp;&nbsp; ]</FONT></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>Soliciting material pursuant to Rule 14a-12
      under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
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    <TD noWrap align=left width="99%">&nbsp;</TD></TR>
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    <TD noWrap align=left width="1%"><FONT size=2 face="Times New Roman">[&nbsp;&nbsp;&nbsp; ]</FONT></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>Pre-commencement communications pursuant to
      Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
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    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="99%">&nbsp;</TD></TR>
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    <TD noWrap align=left width="1%"><FONT size=2 face="Times New Roman">[&nbsp;&nbsp;&nbsp; ]</FONT></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>Pre-commencement communications pursuant to
      Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c))</FONT></TD></TR></TABLE><BR>
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<P align=left><FONT face="Times New Roman" size=2>Item 1.01. Entry into a Material
Definitive Agreement. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>On April 4, 2013 Aerospace Technologies
Group Inc. (</FONT><FONT face="Times New Roman" size=2>&#147;ATG&#148;) </FONT><FONT face="Times New Roman" size=2>and InspecTech Aero Service Inc. (</FONT><FONT face="Times New Roman" size=2>&#147;InspecTech&#148;) </FONT><FONT face="Times New Roman" size=2>announced that they will
join forces to fill a growing market need. Panacea&#153; &#150; ATG&#146;s new cabin window
shade system featuring its electromechanical shades integrated with InspecTech&#146;s
electronic dimmable window (EDW) &#150; offers the ideal solution for complete
control of natural light, glare, heat and noise in aircraft cabins. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>In an industry that flourishes on
innovation and dynamism, airline passengers have become increasingly more
demanding, seeking larger windows and access to more natural light in the cabin.
Aircraft manufacturers have responded &#150; the Boeing B787, Airbus A350 and
Bombardier CSeries feature significantly larger windows than previous generation
airliners (the same is true for new business jets, such as the Gulfstream G650
and Bombardier Global 7000/8000). This expanding trend has created the need to
improve control of light, glare and heat transmission into the cabin. Interest
in a window shade system that offers the combined benefits of an
electromechanical shade and an EDW has quickly accelerated and is now considered
a priority for passengers and aircraft original equipment manufacturers (OEMs)
alike. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Well-known for the quality, reliability
and pleasing aesthetics of their electromechanical aircraft window shade
systems, Aerospace Technologies Group Inc. (ATG) has been monitoring the
interest in EDWs. Utilizing input from aircraft operators and OEMs, ATG has been
developing a combination product that meets all requirements. The evaluation
phase included assessing available EDW technologies including electrochromic
(EC) and suspended particle device (SPD-Smart), but the focus was narrowed to
SPD-Smart because of its distinct performance advantages over other types of
dimmable windows.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Firstly, SPD-Smart EDWs have a switching
speed of a few seconds and allow the selection of an infinite number of
light-transmission states &#150; a significant improvement over the 90+ second
switching speed of available EC devices which OEMs consistently advised was too
slow. Secondly, SPD-Smart EDWs can block up to 99.96% of incoming light, darker
than existing EC devices. Furthermore, it is the most mature EDW in the business
jet industry. Manufactured under license from Research Frontiers Inc. (Nasdaq:
REFR), SPD-Smart EDWs are already certified and flying on over 30 aircraft types
and have been adopted in other transportation industries &#150; Mercedes-Benz offers
SPD-Smart technology in the panoramic glass roofs on several of their production
cars.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>To complete its development process, ATG
partnered with well-respected manufacturer of SPD-Smart EDWs InspecTech Aero
Service Inc. (IAS). The integration of ATG's and IAS's technologies has resulted
in the development of the ultimate aircraft window shade: the Panacea Shade
System. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Panacea offers an unmatched combination of
benefits. Aesthetically pleasing, Panacea&#145;s clean design and numerous
customizable options offer the ability to create the perfect complement to the
aircraft interior. Panacea also offers the </FONT><I><FONT face="Times New Roman" size=2>complete</FONT></I><FONT face="Times New Roman" size=2> solution for natural light
entering the cabin. Panacea&#146;s dimmable window feature allows virtually instant
transition to any level of tint from clear to very dark, thereby eliminating
glare while still being able to enjoy the view of the world outside. Deploying
the sheer (translucent) fabric shade creates soft, diffused lighting and a cabin
ambiance that is second to none. With this sheer shade deployed, the passenger
or crew can further control the amount of soft light to be enjoyed, by &#148;tuning&#148;
the EDW. Panacea also offers a true blackout, enabling passengers to sleep
comfortably on long-range flights, whether day or night. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Complete control of natural light entering
the cabin is achieved &#150; from clear to dark, and from diffused to direct &#150;
through Panacea&#146;s systems working flawlessly together. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>In addition to natural light control,
Panacea also offers two key eco-friendly benefits: firstly, Panacea helps reduce
carbon emissions while on the ramp. When parked, Panacea&#146;s EDW </FONT><I><FONT face="Times New Roman" size=2>automatically </FONT></I><FONT face="Times New Roman" size=2>switches to
the maximum heat-blocking state, requiring much less cabin cooling in hot
climates. This significantly reduces APU and/or engine CO</FONT><FONT face="Times New Roman" size=1>2</FONT><FONT face="Times New Roman" size=2> emissions. Further, passengers entering
a cabin equipped with Panacea will experience a cooler, more comfortable cabin.
Secondly, the design of the system helps decrease cabin noise levels by
dampening external noise; this is particularly effective as aircraft windows are
a primary source of noise transmitted into the cabin.
</FONT></P>
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<P align=left><FONT face="Times New Roman" size=2>&#147;We are excited to be collaborating with
ATG. The sense of luxury and opulence added by the decorative element is the
perfect complement to our EDWs and will particularly appeal to premium markets,&#148;
says James Lang, CEO of InspecTech Aero Service Inc. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#147;ATG has been waiting for the right time
to introduce Panacea. Today&#146;s timing is ideal because we are now able to
directly fill a market need with a premium product that not only maintains our
quality standards but also offers unique benefits. Our customers are
increasingly asking for this type of shade system, and I am very pleased to say
that it is now here,&#148; says Simon Kay, CEO of ATG. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Numerous Panacea Shade Systems, designed
for a variety of aircraft platforms, will be on display in ATG&#146;s booth at
Aircraft Interiors Expo in Hamburg from April 9-11, 2013, stand 7B5. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Details are noted in the press release
attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated
herein by reference. This press release is also available on the Company's
website at www.SmartGlass.com and at various other places on the internet.
</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>This report and the press releases
referred to herein may include statements that may constitute "forward-looking"
statements as referenced in the Private Securities Litigation Reform Act of
1995. Those statements usually contain words such as "believe", "estimate",
"project", "intend", "expect", or similar expressions. Any forward-looking
statements are made by the Company in good faith, pursuant to the safe-harbor
provisions of the Act. These forward-looking statements reflect management's
current views and projections regarding economic conditions, industry
environments and Company performance. Factors, which could significantly change
results, include but are not limited to: sales performance, expense levels,
competitive activity, interest rates, changes in the Company's financial
condition and several business factors. Additional information regarding these
and other factors may be included in the Company's quarterly 10-Q and 10K
filings and other public documents, copies of which are available from the
Company on request. By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions or changes
after the date of this report. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>The information in this Form 8-K or the
press release reproduced herein shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed
incorporated by reference in any filing under the Securities Act of 1933, except
as shall be expressly set forth by specific reference in such filing.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Item 9.01. Financial Statements and
Exhibits.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>(c) Exhibits. </FONT><FONT face="Times New Roman"></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>99.1 Research Frontiers press release
dated April 4, 2013. </FONT></P>

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<P align=center><FONT face="Times New Roman" size=2>SIGNATURES </FONT><FONT face="Times New Roman"></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized. </FONT><FONT face="Times New Roman"></FONT></P>
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    <TD noWrap align=left width="50%" colSpan=2><P align=left><FONT face="Times New Roman" size=2>RESEARCH FRONTIERS
      INCORPORATED </FONT></P></TD></TR>
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    <TD noWrap align=left width="50%" colSpan=2>&nbsp;</TD></TR>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="25%"><FONT face="Times New Roman" size=2>/s/
      Joseph M. Harary</FONT></TD>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="50%" colSpan=2><FONT face="Times New Roman" size=2>By: Joseph M.
    Harary</FONT></TD></TR>
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    <TD noWrap align=left width="50%" colSpan=2><FONT size=2 face="Times New Roman">Title: President and
CEO</FONT></TD></TR></TABLE><BR>
<P align=left><FONT face="Times New Roman" size=2>Dated: April 8, 2013</FONT><FONT face="Times New Roman"> </FONT></P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>RESEARCH FRONTIERS PRESS RELEASE DATED APRIL 4, 2013
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<P align=left><B><I><FONT face="Times New Roman">FOR IMMEDIATE
RELEASE</FONT></I></B><B><I><FONT face="Times New Roman"></FONT></I></B></P>
<P align=center><B><FONT face="Times New Roman" size=5>Industry titans Aerospace
Technologies Group Inc.<BR></FONT></B><B><FONT face="Times New Roman" size=5></FONT></B><B><FONT face="Times New Roman" size=5>and InspecTech Aero Service
Inc.<BR></FONT></B><B><FONT face="Times New Roman" size=5></FONT></B><B><FONT face="Times New Roman" size=5>join forces to fill a growing market need</FONT></B><B><FONT face="Times New Roman" size=5></FONT></B></P>
<P align=left><I><FONT face="Times New Roman">Panacea&#153; &#150; ATG&#146;s new cabin window shade system  featuring its
electromechanical shades integrated</FONT></I><I><FONT face="Times New Roman"></FONT></I><I><FONT face="Times New Roman">
with InspecTech&#146;s electronic dimmable  window (EDW) &#150; offers the ideal solution for complete control
of</FONT></I><I><FONT face="Times New Roman"></FONT></I><I><FONT face="Times New Roman"> natural light,  glare, heat and
noise in aircraft cabins.</FONT></I><I><FONT face="Times New Roman"></FONT></I></P>
<P align=left><B><FONT face="Times New Roman" size=2>BOCA RATON, FL, USA. &#150; April 4,
2013</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B></P>
<P align=left><B><FONT face="Times New Roman" size=2>In an industry that flourishes on  innovation and dynamism,
airline passengers have become increasingly  more</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>
demanding, seeking larger windows and access to more natural light in the  cabin. Aircraft manufacturers</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>
have responded &#150; the Boeing B787,  Airbus A350 and Bombardier CSeries feature significantly larger  windows </FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>than
previous generation airliners (the same is true for new business  jets, such as the Gulfstream G650 and </FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>Bombardier
Global 7000/8000). This  expanding trend has created the need to improve control of light,  glare</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>
and heat transmission into the cabin. Interest in a window shade system  that offers the combined benefits of </FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>an
electromechanical shade and an  EDW has quickly accelerated and is now considered a priority  for </FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><B><FONT face="Times New Roman" size=2>passengers
and aircraft original equipment manufacturers (OEMs)  alike.</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>Well</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>known
for the quality, reliability and  pleasing aesthetics of their electromechanical aircraft window shade </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>systems,
Aerospace Technologies  Group Inc. (ATG) has been monitoring the interest in EDWs. Utilizing  input </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>from
aircraft  operators and OEMs, ATG has been developing a combination product that meets all  requirements.</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
The evaluation phase included assessing available EDW technologies including  electrochromic (EC) and </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>suspended
particle device (SPD</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Smart), but
the focus was narrowed to  SPD</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Smart
because  of its distinct </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>performance
advantages over other types of dimmable windows.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Firstly, SPD</FONT><FONT face="Times New Roman" size=2>- </FONT><FONT face="Times New Roman" size=2>Smart
EDWs have a switching speed of a  few seconds and allow the selection of an infinite number</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
of light</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>transmission states &#150; a
significant  improvement over the 90+ second switching speed of available EC </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>devices
which OEMs consistently  advised was too slow. Secondly, SPD</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Smart
EDWs can block up to 99.96% of </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>incoming
light, darker than existing EC  devices. Furthermore, it is the most mature EDW in the business jet</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
industry. Manufactured under  license from Research Frontiers Inc. (Nasdaq: REFR), SPD</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Smart
EDWs are already </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>certified and
flying on over 30  aircraft types and have been adopted in other transportation industries  &#150;</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
Mercedes</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Benz offers SPD</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Smart
technology in the panoramic glass roofs on several of their  production cars.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>To complete its development process, ATG  partnered with well</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>respected
manufacturer of SPD</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>Smart
EDWs</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2> InspecTech Aero Service Inc.
(IAS). The integration of ATG's  and IAS's technologies has resulted in the development of the ultimate aircraft  window
shade: the Panacea Shade System.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Panacea offers an unmatched combination of  benefits.
Aesthetically pleasing, Panacea&#146;s clean design and</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
numerous customizable options  offer the ability to create the perfect complement to the aircraft  interior.</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
Panacea also offers the </FONT><B><I><FONT face="Times New Roman" size=2>complete  </FONT></I></B><FONT face="Times New Roman" size=2>solution
for natural light entering the  cabin. Panacea&#146;s dimmable window </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>feature
allows virtually instant transition to any level of  tint from clear to very dark, thereby eliminating glare </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>while
still being able to enjoy the view  of the world outside. Deploying the sheer (translucent) fabric shade</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
creates soft, diffused lighting  and a cabin ambiance that is second to none. With this sheer shade deployed,  the passenger
or crew can further control the amount of soft light to be enjoyed, by &#148;tuning&#148; the  EDW. Panacea also offers a
true blackout, enabling  passengers to sleep comfortably on long-  range flights, whether day or night.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=center><FONT face="Times New Roman" size=2>1</FONT><FONT face="Times New Roman" size=2></FONT></P>
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<P align=left><FONT face="Times New Roman" size=2>Complete control of natural light entering
the cabin is achieved &#150; from clear to dark, and from diffused to
direct </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>&#150; through
Panacea&#146;s systems working flawlessly together.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>In addition to natural light control,  Panacea also offers two
key eco</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>friendly benefits: firstly,
Panacea helps </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>reduce carbon emissions
while  on the ramp. When parked, Panacea&#146;s EDW </FONT><B><I><FONT face="Times New Roman" size=2>automatically </FONT></I></B><FONT face="Times New Roman" size=2>switches
to  the</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2> maximum  heat</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>blocking
state, requiring much less cabin cooling in hot climates. This significantly  reduces APU </FONT><FONT face="Times New Roman" size=2>and/or
engine CO<SUB>2</SUB>  emissions. Further, passengers entering a cabin equipped with Panacea will  experience a </FONT><FONT face="Times New Roman" size=2>cooler,
more comfortable cabin.  Secondly, the design of the system helps decrease cabin noise levels  by</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
dampening external noise; this is particularly effective as aircraft windows are a primary  source of noise</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
transmitted into the cabin.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#147;We are excited to be collaborating with  ATG. The sense of luxury
and opulence added by the decorative </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>element
is the perfect  complement to our EDWs and will particularly appeal to premium markets,&#148; says  James </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>Lang,
CEO of  InspecTech Aero Service Inc.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#147;ATG has been waiting for the right time  to introduce Panacea.
Today&#146;s timing is ideal because we are now  able </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>to
directly  fill a market need with a premium product that not only maintains our quality  standards but also </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>offers
unique benefits. Our customers are increasingly asking for this  type of shade system, and I am very</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
pleased to say that it is now here,&#148; says Simon Kay, CEO of  ATG.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Numerous Panacea Shade Systems, designed
for a variety of aircraft platforms, will be on display in ATG&#146;s
booth at</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2> Aircraft
Interiors Expo in Hamburg from April 9</FONT><FONT face="Times New Roman" size=2>-
</FONT><FONT face="Times New Roman" size=2>11, 2013, stand 7B5.</FONT><B><FONT face="Times New Roman" size=2></FONT></B></P>
<P align=left><B><FONT face="Times New Roman" size=2>About InspecTech Aero Service
Inc.</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B><BR>
<FONT face="Times New Roman" size=2>InspecTech Aero Service Inc. provides  aerospace component design,
production, marketing, and distribution.</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
Serving both the OEM and  aftermarket industry segments, InspecTech customers include Fortune 10  Aerospace</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
Corporations in the United States. As the holder of a Parts Manufacturer  Approval (PMA) issued by the Federal</FONT><FONT face="Times New Roman" size=2></FONT> <FONT face="Times New Roman" size=2>Aviation
Administration, InspecTech manufactures  high</FONT><FONT face="Times New Roman" size=2>-</FONT><FONT face="Times New Roman" size=2>quality,
precision aftermarket parts and systems for</FONT><FONT face="Times New Roman" size=2></FONT> <FONT face="Times New Roman" size=2>helicopters
and commercial, regional and  business aircraft. Additional information about InspecTech Aero</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
Service, Inc. can be found on  the Internet at </FONT><FONT face="Times New Roman" size=2>http://www.inspectech.net</FONT><FONT face="Times New Roman" size=2>.</FONT><FONT face="Times New Roman" size=2></FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>About Aerospace Technologies Group
Inc.</FONT></B><B><FONT face="Times New Roman" size=2></FONT></B>
<BR>
<FONT face="Times New Roman" size=2>Founded in 1998, ATG is the worldwide  leader in the design and production
of window shade systems for the </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>commercial
and corporate  aviation industries. Most of the leading aircraft OEMs feature ATG&#146;s  products,</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>including
Boeing, Airbus, Bombardier, Gulfstream, Cessna and Dassault Falcon Jet. In  addition, many of the</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
world&#146;s leading premium airlines, including Emirates, Lufthansa, Qantas  and Malaysia Airlines fly with ATG </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>window
shade systems. ATG products will also be featured  onboard upcoming aircraft deliveries to British </FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>Airways,
Qatar Airways, Etihad Airways and  Air France.</FONT><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>
<BR>
http://www.atgshades.com</FONT><FONT face="Times New Roman" size=2></FONT></P>
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    <TD noWrap align=left width="42%"></TD>
    <TD noWrap align=left width="3%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD noWrap align=left width="51%"><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      ###</FONT><FONT face="Times New Roman" size=2></FONT></TD>
    <TD noWrap align=left width="3%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="42%"><FONT face="Times New Roman" size=2>Contact:</FONT><FONT face="Times New Roman" size=2></FONT></TD>
    <TD noWrap align=left width="3%"></TD>
    <TD noWrap align=left width="51%"></TD>
    <TD noWrap align=left width="3%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="42%"><FONT face="Times New Roman" size=2>Loni Chase</FONT><FONT face="Times New Roman" size=2></FONT></TD>
    <TD noWrap align=left width="3%"></TD>
    <TD noWrap align=left width="51%"><FONT face="Times New Roman" size=2>Sarah Stephenson</FONT><FONT face="Times New Roman" size=2></FONT></TD>
    <TD noWrap align=left width="3%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="42%"><FONT face="Times New Roman" size=2>(561) 244-<FONT face="Times New Roman" size=2>7415</FONT></FONT></TD>
    <TD noWrap align=left width="3%"><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2></FONT></TD>
    <TD noWrap align=left width="51%"><FONT face="Times New Roman" size=2>(561) 244-<FONT face="Times New Roman" size=2>7413</FONT></FONT></TD>
    <TD noWrap align=left width="3%"><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="42%"><FONT face="Times New Roman" size=2>lchase@atgshades.com</FONT><FONT face="Times New Roman" size=2></FONT></TD>
    <TD noWrap align=left width="3%"></TD>
    <TD noWrap align=left width="51%"><FONT face="Times New Roman" size=2>sstephenson@atgshades.com</FONT><FONT face="Times New Roman" size=2></FONT></TD>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
