Very weird take to call Future Crew a "research group" and Second Reality a "graphics technology". Future Crew was a PC Demo group (in Demo Scene) and Second Reality an excellent and ground breaking demo. There wasn't any magic technology in it, but instead some very clever effects from the members, bound together into an artistic demo.

I cannot comment anything about the facts what came after with Bitboys, but the author doesn't seem to know the history and details on their demo scene origins.