Neonode Awarded All-In-One PC Deal Including Prepayment With a Global Tier ONE PC OEM


STOCKHOLM, Sweden, Jan. 7, 2015 (GLOBE NEWSWIRE) -- Neonode Inc., (Nasdaq:NEON), the optical-touch technology company, proudly announced it has received a business award from a Global PC OEM to deliver touch modules for their next generation All-In-One PC.

"We have invested heavily in the development of this new cutting edge technology for the PC industry to make our high performance touch modules the most cost effective on the market. We believe we have an attractive value proposition and road-map for all of the PC OEMs for multi-touch and proximity touch solutions for 2015 and beyond," said Thomas Eriksson, CEO.

Neonode´s zForce PLUSTM technology for the PC market segment includes support for multi touch and different proximity solutions for PC accessories such as keyboards and trackpads. Our solution is Microsoft Windows 8.1 approved and operates on any display size including the latest ultra-wide curved 4K displays.

Neonode is targeting the entire PC market. This includes Notebooks, All in One PC, Monitors, keyboards and trackpads, totaling a market of over 300 million devices per year.

For more information about Neonode´s and our solutions:

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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 and proximity solutions at a competitive cost. Neonode is at the forefront of providing unparalleled user experiences that offer significant advantages for OEMs. This includes state-of-the-art touch and proximity technology features such as low latency pen or brush sensing, high speed scanning, proximity-, pressure-, and depth sensing capabilities and object-size measuring.

Neonode's patented MultiSensing technology is developed into a wide range of devices such as all-in-one PCs, notebooks, monitors, e-readers, printers, white goods, wearables, mobile and PC accessories, and advanced automotive infotainment systems.

Neonode, the Neonode logo and MultiSensing are trademarks of Neonode Inc. registered in the United States and other countries. zForce PLUS is a trademark 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.

Neonode only releases news of new customer agreements and design wins that are considered to be potentially material. Although every reasonable effort is made to present current and accurate information, Neonode makes no guarantees of any kind. Even if the customer or partner always has the intention to actually launch a commercial product or product line in high volume, there is no guarantee that this will be the case. Besides the touch solution, a commercial product involves many other components and systems that effects the customer's development process.

© 2015 Neonode Inc. All rights reserved.