Attached files

   Jack Derby and Gregory Grimes Appointed to Expanded Board of Directors
                 of Smart Glass Company Research Frontiers;
                   Seth Van Voorhees Joins Company as its
               CFO and Vice President of Business Development


Woodbury, New York-December 30, 2010. Research Frontiers Inc. (Nasdaq: REFR),
a pioneer in the development and commercialization of high-performance energy-
efficient SPD-SmartGlass technology, announced that effective January 1, 2011,
Jack Derby and Gregory Grimes have been appointed as new members to its
expanded Board of Directors, and Seth Van Voorhees has joined the Company
as its Vice President - Business Development and CFO, a newly-created
position.

"As our company's SPD-Smart light-control technology has moved from the
development stage to the beginning of widespread commercial adoption of
products in multiple industries, there are tremendous opportunities ahead
for Research Frontiers," said Joseph M. Harary, President and CEO of
Research Frontiers Inc. "In order to best capitalize on these opportunities,
it became apparent that we needed to expand our manpower and business
expertise further. Greg, Jack and Seth have diverse talents and proven
track records of success in business development, especially in the areas
of technology-based products and luxury goods."

Jack Derby

As President of Derby Management, a management consulting firm focused in
entrepreneurial and emerging growth markets, Jack brings extensive core
experience in sales, marketing and strategic planning. Prior to forming
Derby Management in 1990, Jack's background included positions as CEO of
Mayer Electronics Corporation, President of CB Sports, President of Litton
Industries Medical Systems, CEO of Datamedix Corporation and Executive Vice
President of Becton Dickinson Medical Systems.

Jack is extremely active in the New England emerging and middle market
business communities, and has been the Vice Chair of the Smaller Business
Association of New England. He is currently or has been an active board
member in twenty companies including fourteen companies that he has either
co-founded or managed as the CEO. He was instrumental in restructuring the
Board of the MIT Enterprise Forum, and has been a Director of MIT's Technology
Capital Network, and the President of the University Club of Boston.
Currently, he is Chairman of the Association for Corporate Growth of Boston
and also served as a Director of ACG's Global Board. Jack is also currently
the Director Emeritus of The Associated Industries of Massachusetts and is
a Director at Accounting Management Solutions, The Alliance Companies, Beacon
Hospice, Brainshark Corporation, Hybricon Corporation, Rome Snowboards and
Ntirety Inc. Jack is also a board member of The Common Angels, one of the
largest angel group investors in the U.S.

Jack Derby is a professor at Tufts University's School of Engineering where
he teaches a course in Entrepreneurial Sales and Marketing. He is also a
Lecturer at MIT where he teaches classes in business planning and marketing
for undergraduate students in the Mechanical Engineering Department. Jack is
a graduate of Boston College and the United States Peace Corps.

Gregory G. Grimes

Gregory G. Grimes is the top-selling sales associate company-wide at Hermes
of Paris, the French luxury goods retailer. Prior to working for Hermes, Mr.
Grimes was Store Director and Regional Sales Manager for MCM, the German
luxury goods maker. He also worked for Kirby, Warren & Associates, a
consulting firm dedicated to the development and support of small business
operation.

Mr. Grimes graduated with a Bachelor of Commerce degree from the University
of Manitoba, Faculty of Management (Honors Program), where he majored in
marketing and finance. Mr. Grimes has been an investor in Research Frontiers
for over a decade, and has already contributed to the Company's success
through sales and marketing advice and introducing the company to a large
network of investors and contacts in the automotive, architectural, and
aerospace industries.

Seth Van Voorhees, Ph.D.

Seth Van Voorhees brings with him a valuable combination of finance, business
and science experience. Prior to joining Research Frontiers, Mr. Van Voorhees
previously held senior financial, business development and investment banking
positions as CFO of American Pacific, a publicly-traded specialty chemical
manufacturer, and at Merrill Lynch, Wasserstein Perella and UBS Warburg,
where he completed a number of investment banking assignments for advanced
power technology and industrial clients. Mr. Van Voorhees' academic
credentials include a doctorate in chemistry from the University of
Pennsylvania and a MBA from Columbia University.

About Research Frontiers Inc. and SPD-Smart Light Control Technology

SPD-Smart light-control film technology transforms widely used products -
windows, skylights, curtainwalls, partitions, sunroofs and more - into
products that allow users to instantly and precisely control the light,
glare and heat entering a building or vehicle. It is instantly tunable to
an infinite number of light transmission states regardless of window size,
and easily adapts to individual preferences using control devices ranging
from basic dimmer switches and photosensors to those that are integrated
into a building's or vehicle's intelligent control system. These unequalled
performance characteristics help optimize energy savings and human comfort.
SPD-Smart technology offers many other desired benefits such as increased
security, noise reduction, protection from harmful ultraviolet light and
the potential for aesthetically distinctive designs.

Research Frontiers Inc. (Nasdaq: REFR) is the developer of SPD-Smart light-
control technology and has spent over $80 million to date to develop its
technology, Research Frontiers currently holds approximately 500 patents
and patent applications and has built an infrastructure of 39 licensed
companies that collectively are capable of serving the growing global
demand for smart glass products in automobiles, homes, buildings, aircraft
and boats. 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" and "SPD-SmartGlass" are trademarks of Research
Frontiers Inc.

For further information, please contact:

Joseph M. Harary-President and CEO
Research Frontiers Inc.
+1-516-364-1902
info@SmartGlass.co