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AGC and Kinestral Technologies Announce Joint Ventures to Accelerate Global Adoption of Halio™ Smart-Tinting Glass

AGC and Kinestral Technologies Announce Joint Ventures to Accelerate Global Adoption of Halio™ Smart-Tinting Glass
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TOKYO, HAYWARD, Calif., & TAIPEI, Taiwan–(BUSINESS WIRE)–AGC Asahi Glass, a world-leading manufacturer of glass, chemicals, and
high-tech materials, and Kinestral
Technologies
, maker of Halio™ smart-tinting glass, today announced
the creation of three joint venture companies that will sell,
distribute, and service Halio to the global market. Formed to accelerate
the adoption of Halio, the new ventures – Halio North America, Halio
International, and Halio China – will be the exclusive sales and
marketing agents for Halio smart-tinting glass in the commercial and
residential housing industries. Halio China includes a third partner:
G-Tech Optoelectronics Corp. (GTOC), a subsidiary of Foxconn Technology
Group. The three partners have been introducing Halio in their
respective markets since the product was first unveiled in January at
the BAU Trade Fair for Architecture, Materials and Systems in Munich,
Germany. The joint ventures were formed to meet worldwide demand.

“Joining forces with AGC gives us access to a global sales and support
infrastructure as well as decades of expertise in the use of glass in
façades. GTOC meanwhile bolsters our manufacturing expertise and gives
us access to China, one of the fastest-growing markets for smart-tinting
glass,” said S.B. Cha, CEO of Kinestral Technologies.

Halio technology enables glass to tint, reducing glare and blocking
unwanted solar heat – automatically or on command. Halio looks like
ordinary clear glass until it tints, achieving its darkest shade in less
than 3 minutes. Halio improves occupant comfort in smart homes and
buildings while achieving the highest levels of energy efficiency.

“We are convinced that Halio technology is poised to transform the glass
industry,” said Jean-François Heris, senior executive officer of AGC and
president of AGC Building and Industrial Glass Company. “Natural light
is the #1 most desired feature in office designs, but conventional glass
requires blinds, shades, and awnings or architectural elements that
block heat and glare. Halio gives people the best of the outdoors while
meeting increasingly stringent energy codes.”

Jim Arnold, formerly senior vice president of sales at Control4 and
DIRECTV, will lead Halio North America. Alain Jardinet, a veteran
executive of AGC Glass Europe, will lead Halio International which will
sell to all markets outside of North America and China. Halio China will
be headed by Alex Jiang, an executive of GTOC.

About AGC

AGC Asahi Glass (also called AGC, Registered Company name: Asahi Glass
Co., Ltd., Headquarters: Tokyo, President & CEO: Takuya Shimamura) is
the parent company of the AGC Group, a world-leading glass solution
provider and supplier of flat, automotive and display glass, chemicals,
ceramics and other high-tech materials and components. Based on more
than a century of technical innovation, the AGC Group has developed a
wide range of cutting-edge products. The AGC Group employs some 50,000
people worldwide and generates annual sales of approximately 1.3
trillion Japanese yen through business in about 30 countries. For more
information, please visit www.agc-group.com.

About Kinestral Technologies

Headquartered in the San Francisco Bay Area, Kinestral Technologies,
Inc. develops technologies that transform glass into responsive,
intelligent, and beautiful architectural elements. The company has a
growing global patent portfolio in manufacturing, device processing, and
smart window control systems. Halio™ smart-tinting glass is the
company’s flagship product. Learn more at www.kinestral.com,
and follow us @Kinestral
and on LinkedIn.

About GTOC

GTOC, a subsidiary of Foxconn Technology Group, is recognized for its
first-tier brand customers in consumer electronics and non-consumer
electronics segments such as architecture and automobiles.

Photos: Available Upon Request





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