Published May 12, 2016 in Press release

STOCKHOLM, Sweden – May 12, 2016 – Neonode Inc. (NASDAQ:NEON), a leading Optical Interactive Sensing Technology company, announced that its zForce EDGE technology will be featured in Samsung’s new generation of MX7 Color Printers.

Neonode zForce EDGE technology provides for a flush display design without borders and becomes a fully integrated part of the units casing for a slim and cost effective design. Fast and smooth user interaction is assured by the use of optimized software in combination with Neonode’s high performance touch controller.

With zForce EDGE technology, Neonode will bring a new and enhanced user experience to the MX7 Color Printer series, including Touch functionality with Gloves, Stylus Input, overall Superior Responsiveness, and a market leading cost and function ratio.

The first MX7 Color Printer Series model to feature zForce EDGE solutions has already successfully debuted in Korea, with further global releases planned in the coming months.

Through the partnership with Samsung, Neonode will be able to explore Samsung’s expertise in design for optimized user interaction and efficient design.

“Samsung printers represent quality, functionality and a market-leading low total cost of ownership (TCO),” said Kasey Kim, Vice President and head of the R&D Planning Group of Printing Solutions Business at Samsung Electronics. “This is what our customers have come to expect of Samsung. By using Neonode’s zForce EDGE Touch technology in the MX7 series, we will be able to offer our customers an exceptional printing experience.”

Samsung’s MX7 Series A3 Color Multifunction Printers (MFPs) deliver smart usability that enables companies to do faster and more efficient business than ever. Equipped with high-performance, cost-effective features and embedded security platforms, MX7 Series printers are perfect for high-volume printing at a low TCO.

“Neonode strives to provide great products, and looks to offer customers differentiated value,” said Thomas Eriksson, CEO of Neonode.

Eriksson added, “Neonode is proud to work with Samsung, one of the world’s leading consumer brands. By using our zForce EDGE solutions in the MX7 Printer series, Samsung will give Neonode, and our technology, the best possible endorsement – one which truely validates our company’s mission.“

About Neonode
Neonode Inc. (NASDAQ:NEON) develops and licenses optical interactive sensing technologies. Neonode’s patented optical interactive sensing technology is developed for a wide range of devices like automotive systems, printers, PC devices, monitors, mobile phones, tablets and e-readers. NEONODE and the NEONODE Logo are trademarks of Neonode Inc. registered in the United States and other countries. AIRBAR is a trademark of Neonode Inc. All other trademarks are the property of their respective owners.

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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.

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