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Press Release

Neonode In Strategic Review, Starts Remote Sensing Solutions Unit

Press Release

Webcast 13:00 CET April 2, 2020: https://www.redeye.se/live/neonode-live-2-april   STOCKHOLM, SWEDEN – March 26, 2020 – Neonode Inc. (NASDAQ: NEON) today announced that a comprehensive strategic review is under way to turn the company back on a growth track. As one result of this process, the company has decided to form a new business area, Remote Sensing Solutions, targeting the growing demand from the automotive industry for driver and cabin monitoring systems. “We are not satisfied with the company’s performance in recent years as an industrial and innovative partner for our

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