SANTA CLARA, Calif. – May 3, 2011 – Neonode, Inc. (NEON.OB), a leading optical touch screen technology company, today announced a collaboration with Texas Instruments Incorporated (TI) to further develop and improve the functionality, performance and cost advantage of zForce®, Neonode’s patented optical touch screen technology.
Neonode and TI are working together on several commercial projects which use TI’s series of ultra-low-power MSP430™ microcontrollers. By further co-development of zForce® and TI’s 16-bit microcontrollers, OEM’s can touch enable any surface at a low cost, independent of underlying screen technology.
“It’s truly exciting and inspiring to work closely together with a highly professional and competent world leading company, such as Texas Instruments. We know Texas Instruments well and they have the best microcontrollers for our touch applications. I’m sure that this collaboration will be very beneficial for Neonode, Texas Instruments and our customers” said Thomas Eriksson, CEO of Neonode, Inc.
“Neonode’s technology enables TI’s ultra-low-power MSP430 microcontroller solutions in high-performance touch screens at a fraction of the cost and power consumption of existing implementations. We look forward to future collaboration with Neonode and its touch screen innovation,” said Adrian Valenzuela, MSP430 product marketing manager, TI.
About Neonode, Inc.
Neonode Inc is the leading provider of optical touch screen solutions for hand-held and small to midsize devices. Neonode is offering software licenses and engineering design services that enable companies to make high functionality touch screens at a low cost. zForce® is the name of Neonode’s proprietary patented touch screen technology. Neonode Inc is listed on the OTCBB under the symbol NEON.OB. Neonode is a trademark and zForce® is a registered trademark of Neonode Inc.
Neonode’s patented touch solution for portable devices, zForce, is many times more cost effective than any other high performance touch solution in the market today. zForce® supports high resolution pen writing in combination with finger navigation including gestures, multi-touch, sweeps and much more. zForce® doesn’t require an overlay on top of the display window and provide a 100% clear viewing experience. zForce® is the only viable touch screen solution that operates on the new revolutionary reflective display panels. Neonode has signed customer contracts with Sony Corporation and other global OEM’s. zForce® is currently being integrated into a variety of mobile phones, e-Readers, printer products, automotive applications, mobile internet and tablet devices.
MSP430 is a registered trademark of Texas Instruments. All registered trademarks and other trademarks belong to their respective owners.
This news release contains certain forward-looking statements that involve risks and uncertainties, including statements regarding future products and technology developments. Such statements are only predictions and the company’s actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the ability of Neonode to develop and sell new products and technologies. These factors and others are more fully discussed in the documents the company files from time to time with the Securities and Exchange Commission, particularly, the company’s most recent Form 10-K and Form 10-Q. Neonode and the Neonode logo are registered trademarks of Neonode Inc.
For more information, please visit neonode.com or contact
Thomas Eriksson, CEO
Tel: +46 8 667 17 17
Mobile: +46 708 521 337
David Brunton, CFO
Tel: +1 925 768-0620