Neonode Will Be Demonstrating Its Latest MultiSensing(R) Solutions at CES 2014

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| Source: Neonode Inc.

SANTA CLARA, Calif., Jan. 3, 2014 (GLOBE NEWSWIRE) -- Neonode Inc., (Nasdaq:NEON), the optical touch technology company, will be introducing and demonstrating its latest MultiSensing® solutions at the International CES 2014, which will be held in Las Vegas from January 7-10.

Neonode will be showcasing its latest technologies at two venues:

  • Neonode's technology for the automotive industry featured in conjunction with Texas Instruments, at the Las Vegas Convention Center North Hall Meeting Rooms, N115
  • Neonode will be demonstrating MultiSensing® solutions for mobile computing, large-sized displays, and peripherals at its suite in the Las Vegas Hilton. For reservations please contact Daniel Gelbtuch at daniel.gelbtuch@neonode.com or (917) 509-9582.

For the computing market, Neonode will be demonstrating a 14-inch Windows 8 Notebook and a 19-inch monitor that integrates Neonode's latest optical multi-touch and proximity technology.

For the peripherals market, Neonode will be demonstrating a low-energy Bluetooth 4.0 enabled touch sensing module that is integrated into cases for tablets and smartphones, such as Apple's iPhone 5. This groundbreaking module will enable case OEMs, who manufacture millions of cases annually, to easily and inexpensively extend the range and types of human interface control well-beyond the device's physical touch screen.

For the automotive market, Neonode has developed a multi-function steering wheel for the automotive industry and is showcasing it in close cooperation with Texas Instruments, in their Automotive Experience Zone. A driver can now interact with this next-generation Neonode-powered steering wheel, using gestures to fully control audio, visual, infotainment, and telematics systems. This allows for a whole new HMI (human machine interface) system, that replaces old, traditional buttons and other mechanical input devices, with unlimited gestures and best-of-breed multi-touch functionality.

"We have made it our mission to develop the next generation of touch and proximity sensing solutions, significantly raising the bar and perception of possibilities," said Thomas Eriksson, Neonode CEO. "Our patented MultiSensing® technology has emerged from years of design-driven innovation, and is now enabling user experiences that could transform the way the world interacts with devices. Thus, we are very excited to invite our customers attending CES to experience our latest touch innovations."

About Neonode

Neonode Inc. (Nasdaq:NEON) develops and licenses the next generation of Multisensing touch technologies, allowing companies to differentiate themselves by making high performing touch solutions at a competitive cost. Neonode is at the forefront of providing unparalleled user experiences that offer significant advantages for OEM's. This includes state-of-the-art touch technology features such as low latency pen or brush sensing, remarkably high speed scanning, proximity-, pressure-, and depth sensing capabilities and object-size measuring.

Neonode's patented Multisensing technology is developed for a wide range of devices such as mobile phones, tablets and e-readers, toys and gaming consoles, printers, white goods, wearable goods and advanced automotive infotainment systems. Neonode, the Neonode logo, Multisensing, and zForce are trademarks of Neonode Inc. registered in the United States and other countries. Liquid Sensing, It Makes Sense and AlwaysON are trademarks of Neonode Inc. For more information please visit www.neonode.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements relating to expectations, future performance or future events, and product cost, performance, and functionality matters. These statements are based on current assumptions, expectations and information available to Neonode management and involve a number of known and unknown risks, uncertainties and other factors that may cause Neonode's actual results, levels of activity, performance or achievements to be materially different from any expressed or implied by these forward-looking statements.

These risks, uncertainties, and factors are discussed under "Risk Factors" and elsewhere in Neonode's public filings with the U.S. Securities and Exchange Commission from time to time, including Neonode's annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties and other factors. Although Neonode management believes that the forward-looking statements contained in this press release are reasonable, it can give no assurance that its expectations will be fulfilled. Forward-looking statements are made as of today's date, and Neonode undertakes no duty to update or revise them.

Media and Investor Relations contact:

Daniel Gelbtuch
Senior Vice President of Corporate Finance and IR
M: 917.509.9582
Email: