Neonode and TNBTECH of South Korea Sign Value-Added Reseller Agreement
STOCKHOLM, SWEDEN, October 28, 2020 — Neonode Inc. (NASDAQ: NEON), is pleased to announce it has signed a value-added reseller agreement with TNBTECH Co., Ltd., to promote and sell Neonode sensor products in South Korea.
TNBTECH is an experienced semiconductor, module and solutions provider whose mission is to deliver valuable growth to its customers by offering stable and innovative products. TNBTECH has an extensive sales and distribution organization as well as experienced engineers to help and guide customers at every stage, from product design to volume production.
”This agreement with TNBTECH provides a local sales and engineering team to work with customers in the Korean market to achieve rapid deployment of Neonode contactless touch products in customer projects,” said Neonode CEO Dr. Urban Forssell.
Mr. Jaesung Park, CEO of TNBTECH, added “Over the past decade, TNBTECH has established its reputation as the full-service partner organizations to turn to for IoT innovation, and more quickly bringing products to market. We look forward to a fruitful partnership with Neonode.”
For more information, please contact:
Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com
About Neonode
Neonode Inc. (NASDAQ:NEON) is a publicly traded company, headquartered in Stockholm, Sweden and established in 2001. The company provides advanced optical sensing solutions for touch, gesture control, and remote sensing. Building on experience acquired during years of advanced optical R&D and technology licensing, Neonode’s technology is currently deployed in more than 75 million products and the company holds more than 120 patents worldwide. Neonode’s customer base includes some of the world’s best-known Fortune 500 companies in the consumer electronics, office equipment, medical, avionics, and automotive industries.
NEONODE and the NEONODE logo are trademarks of Neonode Inc. registered in the United States and other countries.
For further information please visit www.neonode.com
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About TNBTECH
TNBTECH Co., Ltd. headquartered in Seoul, South Korea, is involved in several business areas, including solution sales, development of IoT products and distribution of semiconductors. For more information please see http://www.tnbtech.co.kr