STOCKHOLM, Sweden, January 20, 2011 – Neonode, Inc. (NEON.OB), the Optical Touchscreen Technology
Company, today announced that it entered into a multi-year technology license agreement with another global retail
electronics company to incorporate Neonode’s touch screen solution into its family of products. This contract is
potentially the largest technology license agreement Neonode has signed to date. At the customer’s request, due to
product secrecy issues, the name of the customer and the product category cannot be released at this time.
“We have taken another important step towards our goal of gaining a significant market share for touch solutions.
Another global company has chosen our touch screen solution, zForce, because low cost, fast and accurate full
finger support in combination with high resolution pen support and low power consumption has once again proven
to be at the forefront of the touch screen revolution.” said Thomas Eriksson, CEO of Neonode Technologies AB.
“We continue to experience a growing demand for our touch technology from companies around the world who
produce a wide array of hand held consumer and industrial products such as mobile phones, e Readers, GPS
devices, office equipment, tablet PCs to name a few.” continued Mr. Eriksson.
Neonode’s patented touch screen technology, zForce, supports high resolution pen writing in combination with
finger navigation including gestures, multi-touch, sweeps and much more. zForce uses no overlay (like resistive and
capacitive touch screens) on top of the display thus creating a 100% clear window, free from reflection and parallax
effects producing a true clear viewing experience. Neonode’s touch solution for portable devices is many times more
cost effective than any other high performance touch solutions in the market today. zForce is currently integrated in
or being integrated into products such as mobile phones, e Readers and mobile internet devices/tablet PC’s.
Please visit our web site at neonode.com or contact
Thomas Eriksson, CEO of Neonode Technologies AB
Tel: +46 8 667 17 17
Mobile: +46 708 521 337
David Brunton, CFO
+1 925 768 0620
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.
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.