SANTA CLARA, Calif., April 14, 2014 (GLOBE NEWSWIRE) -- Neonode Inc., (Nasdaq:NEON), the optical touch company, is delighted to announce that it has entered the global printer market. Hewlett Packard (HP) has launched a series of award-winning printers that integrate Neonode's MultiSensing® Touch Technology.
On March 11th, Hewlett Packard (HP) announced (see http://goo.gl/Vi8Fr9) a series of new Officejet Pro inkjet printers designed to simplify printing for small and medium-sized businesses (SMBs).
On March 17, 2014, Computer Shopper awarded (see: http://goo.gl/6Ddkc3) HP's Officejet Pro 8630 e-All-in-One with its coveted "Editors' Choice" recommendation, and a 4.5 out of 5 star rating.
"Our continuous R&D investments in improving the cost and performance of our zForce family of touch and proximity solutions, is finally paying off," said Thomas Eriksson, CEO of Neonode. "This event finally validates and confirms the success of our strategy to out-compete resistive and capacitive touch for cost sensitive applications. Moreover, in light of our customers' long development and products cycles, this is certainly the start of a new era for Neonode."
According to a recent report (http://goo.gl/fVOeGS) by International Data Corporation (IDC) the Worldwide Hardcopy Peripherals Market (includes printers, MFPs, and digital copiers) is a 122-million unit market. HP is ranked #1 with 44.6M units and 40% market share in 2013, ahead of Canon (23M), Epson (15.5M), Brother (8.2M), and Samsung (5.7M).
For more information about Neonode´s MultiSensing® solutions:
Sales contact:
- Bengt Edlund (bengt.edlund@neonode.com) VP of Global Sales Consumer
Media, Investors and Analysts contact:
- Daniel Gelbtuch (daniel.gelbtuch@neonode.com) SVP of Corporate Finance and Investor Relations, M: +1 917.509.9582
About Neonode Inc.
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 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 like Windows 8 PC´s, monitors and all-in-one computers, chromebook laptops, mobile phones, tablets and e-readers, toys and gaming consoles, printers and office equipment, automotive or inflight infotainment systems. NEONODE, the NEONODE Logo and zFORCE are trademarks of Neonode Inc. registered in the United States and other countries. MULTISENSING, LIQUID SENSING, 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.