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Press Release

Neonode Press Release 9 June 2020

Press Release
NEoN

Neonode reports that Neonode Smartphone LLC, an independent third-party and a subsidiary of Aequitas Technologies LLC, has filed patent infringement lawsuits against Apple Inc., and Samsung Electronics Co. Ltd. and Samsung Electronics America, Inc., respectively, in the Western District of Texas.

STOCKHOLM, SWEDEN, June 9, 2020 — Neonode Inc. (NASDAQ: NEON), today reported that Neonode Smartphone LLC, the assignee of US Patent Nos. 8,095,879 and 8,812,993 formerly owned by Neonode Inc., filed patent infringement lawsuits against Apple Inc., and Samsung Electronics Co. Ltd. and Samsung Electronics America, Inc., respectively, in Western District of Texas, USA on June 8, 2020. Neonode Smartphone LLC is a subsidiary of Aequitas Technologies LLC and is an independent third-party with whom Neonode Inc. has certain profit sharing rights from monetization of these patents according to an agreement entered into by Neonode Inc. and Aequitas Technologies LLC in 2019.

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 

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