zForce DRIVE™ is awarded the Red Dot Design Award

(Stockholm, Sweden, August 18, 2015) – – – zForce DRIVE™ - the cooperation
between Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), and Neonode Inc. (NASDAQ:
NEON) has been awarded the prestigious Red Dot Design award.
zForce DRIVE™, the ground breaking gesture and touch enabled steering wheel
focuses on safety and usability in the future high tech car, and is aimed at
giving the driver an unsurpassed driving experience – with minimal driver
distraction.

“We are very proud to receive this award as a recognition of the innovative
force of Neonode and the cooperation with Autoliv that brings us world leading
knowledge in automotive safety and quality”, says Thomas Eriksson – CEO at
Neonode.

Autoliv, with the vision of “Saving More Lives”, sees this recognition from Red
Dot as yet another example of how saving lives is both a high tech and creative
business, as well as a lucrative consumer market.

“Consumers of today and tomorrow increasingly request both safety and excitement
when looking at automotive content. The zForce drive cooperation is a perfect
merger of both these aspects, and we are all very proud of this recognition from
Red Dot and of our cooperation with Neonode”, finishes Johan Löfvenholm – Group
Vice President Product & Process Development at Autoliv.

The concept is presented at the 66th annual IAA Cars show in Frankfurt,
September 17-27 (hall 3.1, Booth B41).

Inquiries:

Autoliv: Thomas Jönsson, Group Vice President Communications. Tel +46 (0)8 58 72
06 27

Neonode: Gunnar Fröjdh, VP Automotive. E-mail: gunnar.frojdh@neonode.com
About Autoliv

Autoliv, Inc., the worldwide leader in automotive safety systems, develops and
manufactures automotive safety systems for all major automotive manufacturers in
the world. Together with its joint ventures, Autoliv has more than 80 facilities
with more than 60,000 employees in 28 countries. In addition, the Company has
ten technical centers in nine countries around the world, with 20 test tracks,
more than any other automotive safety supplier.Sales in 2014 amounted to US $9.2
billion. The Company's shares are listed on the New York Stock Exchange (NYSE:
ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm
(ALIV sdb). For more information about Autoliv, please visit our company website
at www.autoliv.com.

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 sensing 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 with high speed
scanning, proximity-, pressure-, and depth sensing capabilities and object-size
measuring on any surface.

Neonode’s patented MultiSensing touch technology is developed for a wide range
of devices like wearable’s, notebooks, all-in-one computers, monitors,  mobile
phones, tablets and e-readers, toys and gaming consoles, printers and office
equipment and automotive systems. NEONODE, the NEONODE Logo, ZFORCE and
MULTISENSING are trademarks of Neonode Inc. registered in the United States and
other countries. ZFORCE CORE, ZFORCE PLUS and ZFORCE DRIVE are trademarks of
Neonode Inc. All other trademarks are the property of their respective owners.
For more information please visit www.neonode.com. www.neonode.com

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward
-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements include those that address
activities, events or developments that Autoliv, Inc. or its management believes
or anticipates may occur in the future, including closing of the acquisition,
anticipated revenue of the acquired business and the anticipated product
offering. All forward-looking statements are based upon our current
expectations, various assumptions and data available from third parties. Our
expectations and assumptions are expressed in good faith and we believe there is
a reasonable basis for them. However, there can be no assurance that such
forward-looking statements will materialize or prove to be correct as forward
-looking statements are inherently subject to known and unknown risks,
uncertainties and other factors which may cause actual future results,
performance or achievements to differ materially from the future results,
performance or achievements expressed in or implied by such forward-looking
statements. Numerous risks, uncertainties and other factors may cause actual
results to differ materially from those set out in the forward-looking
statements. The Company undertakes no obligation to update publicly or revise
any forward-looking statements in light of new information or future events. For
any forward-looking statements contained in this or any other document, we claim
the protection of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995, and we assume no
obligation to update any such statement.