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Neonode Announces Closing of Public Offering of Common Stock Including Full Exercise of Over-Allotment Option

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Neonode Announces Pricing of Public Offering of Common Stock

Published September 11, 2013 in Press release
SANTA CLARA, California, September 11, 2013 – Neonode Inc. (NEON) today announced the pricing of an underwritten public offering of 2,490,612 shares of Neonode common stock, of which 1,168,939 shares are being offered by Neonode and an aggregate of 1,321,673 shares are being offered by selling stockholders affiliated with Neonode, at a price to the public of $6.60 per share.

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Neonode to Explore Strategic Alternatives for Its User-Interface Patent and Licensing Subsidiary

Published September 3, 2013 in Press release
SANTA CLARA, Calif., Sept. 3, 2013 – Neonode Inc., (Nasdaq:NEON), the optical touch technology company, announced today that its Board of Directors has authorized the exploration of strategic alternatives with respect to its user-interface patent and licensing subsidiary.

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Neonode Second Quarter 2013 Earnings Call replay and transcript

A digital recording of Neonode, Inc. (NEON) Q2 2013 Earnings Call August 8, 2013 10:00 AM ET available for replay by dialing (800) 585-8367 or (404) 537-3406.  The conference ID is 20590647.

Transcript of the call as PDF

Neonode(R) Reports Quarter Ended June 30, 2013 Financial Results

SANTA CLARA, Calif., Aug. 8, 2013 – Neonode Inc. (Nasdaq:NEON), the optical touch technology company, today reported financial results for the three and six months ended June 30, 2013.
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Recent Highlights:
- Have initiated multiple PC projects with Tier One PC OEMs
- Commenced joint development of reference platforms with Tier One Semiconductor OEMs
- Licensed to a premier children’s tablet OEM, with a second award-winning OEM generating 2Q revenues
- Signed a long term license agreement with a premier global consumer electronics OEM in South Korea
- Signed a long term license agreement with major global home appliances OEM in Europe
- We have a total of 16 patents issued and 78 pending, up from 12 and 72 last quarter
- Developed a groundbreaking single side touch-sensor with a target bill of material ~$1.00 (for a 4 inch display size)
- Launched a circular touch and proximity sensing platform for wearable electronics and accessories markets

“Our performance for the quarter ended June 30, 2013 excluded approximately $120,000 of revenues that were reported after our revenue recognition deadline,” said Neonode CEO Thomas Eriksson. “More importantly, during the second quarter we were able to get traction in the PC space, while two new customers in the automotive (Volvo) and children’s tablet segments commenced their ramps.”

“While our printer prospects keep improving, we believe initial product release has likely slipped into late 4Q”, Mr. Eriksson continued, “That said, with the help of our new single side touch sensor our partnership with this leading global printer OEM, has expanded significantly over the last few months. Our groundbreaking single side touch sensor drives the bill of materials for touch solutions close to one dollar per unit, which is sometimes lower than the cost of buttons. More importantly, we believe our new single side touch sensor will likely help Neonode recapture e-Reader market share, augment our printer and handset opportunities, drive initial adoption within the computer peripherals space, and ultimately lower the bill-of-materials for our full function multi-touch solutions.”

“Finally, our new circular sensor has gained significant attention from major OEMs in the wearable, home appliance, and automotive markets, and we expect this breakthrough touch technology to expand Neonode’s multi-billion-unit addressable markets, into new segments and pioneering new and exciting applications”, concluded Mr. Eriksson.

Neonode Lands PC Design Win With Tier One PC OEM

SANTA CLARA, Calif., Aug. 6, 2013 (GLOBE NEWSWIRE) — Neonode Inc., (Nasdaq:NEON), the optical touch technology company, today announces that it has a design win with a premier global PC manufacturer. The project aims to integrate Neonode’s Multisensing® touch solution into the OEM’s coming PC devices. Read the press release on Nasdaq Globe NewsWire

Neonode® to Report Second Quarter 2013 Results on August 8, 2013

SANTA CLARA, California – July 25, 2013 – Neonode Inc., (NASDAQ: NEON), the opticaltouch technology company, announced today that it will release financial results on Thursday, August 8th, 2013, for the three and six months ended June 30th, 2013 The Company will host a conference call Thursday, August 8th at 10:00 a.m. Eastern Time featuring remarks by Thomas Eriksson, CEO of Neonode, and David Brunton, CFO of Neonode. Please use the following link to register for the call: The dial-in number for the conference call is (877) 539-0733 (U.S. domestic) or (678) 607-2005 (international). To access the call participants must use Conference ID 20590647. Please make sure to call at least five minutes before the scheduled start time. For interested individuals unable to join the live event, a digital recording will be available for replay for 30 days after the call’s completion (08/09/2013 to 09/09/2013). To access the recording, please use one of these Dial-In Numbers (800) 585-8367 or (404) 537-3406, and the Conference ID 20590647.

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