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Press Releases

Press Releases

Neonode In Strategic Review, Starts Remote Sensing Solutions Unit

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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Neonode’s Contactless Touch Solutions – Optimized for Reducing Viral Transmissions In Public Spaces

In light of the spread of COVID-19 worldwide, governments around the world are instituting guidelines that reduce viral transmissions, from washing hands thoroughly and frequently, to social distancing, and even quarantine. While we are confident that these measures are necessary in the near term, we believe there is a longer-term health benefit of advancing new ways to interact with touchscreens and buttons in public places, as in ticket dispensers, kiosks, vending machines, ATMs and elevators, which can pass pathogens from one user to another. News highlights · Providers of public

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Neonode Reports Year Ended December 31, 2019 Financial Results

STOCKHOLM, SWEDEN – March 11, 2020 – Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the fiscal year ended December 31, 2019. FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2019: · Revenue of $6.6 million, a decrease of 22.2% compared to prior year · Operating expenses of $11.7 million, an increase of 1.7% over the prior year · Net loss attributable to Neonode, Inc. of $5.3 million, or $0.60 per share compared to $3.1 million, or $0.52 per share for prior year · Cash used by operations of $3.5

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Neonode Expands Its Touch Sensor Offering

STOCKHOLM, SWEDEN, January 27, 2020 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, is pleased to announce it is expanding its line of touch sensors. Neonode has established its line of sensor modules as the go-to component for adding touch input, on any surface and in-air, to new and existing products. This new type of touch sensor is intended to be mounted on the side of the touch surface – enabling new levels of design freedom and allowing for integration in a wider range of applications. The new touch sensors are available at digikey.com in nine

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Neonode Reports Third Quarter Ended September 30, 2019 Financial Results

STOCKHOLM, SWEDEN – November 6, 2019 – Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the three and nine months ended September 30, 2019. ”There is significant interest for Neonode’s sensor and license technology in the automotive and other key markets but in our business, we have to accept long lead times in acquiring new customer contracts. Having said that, we are not satisfied with the development over the last 12-18 months. Our newly recruited CEO, Dr. Urban Forssell, brings a deep understanding of the automotive

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Neonode Announces Appointment of new CEO

STOCKHOLM, SWEDEN, October 23, 2019 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today announced that the Board of Directors has appointed Urban Forssell as new Chief Executive Officer, effective latest January 1, 2020. “I am very pleased to welcome Urban Forssell to Neonode. He brings to the Company a demonstrated track record of outstanding business leadership and high technical skills that will be crucial to Neonode’s success moving forward”, says Ulf Rosberg, Chairman of the Board. “I look forward to joining Neonode and feel inspired to work with

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Robust, Responsive and Cost Effective Touch In Cars

There is an increasing demand for safety and comfort in cars. More complex systems with ever increasing options and features are to be combined with smooth, responsive and intuitive interfaces so that the driver can concentrate on maneuvering the car. This is not an easy task to accomplish. Apart from the user interface design the car manufacturers will have to adapt to the demand trends (in the business) and the buyer’s preferences and expectations. For many buyers, the infotainment system has recently become a key factor in the decision-making process. In particular, a critical part of a

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Neonode Reports Second Quarter Ended June 30, 2019 Financial Results

STOCKHOLM, SWEDEN – August 14, 2019 – Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the three and six months ended June 30, 2019. “We are growing our global sales presence and partner network and have successfully promoted our selected use cases to customers and at numerous trade shows. In addition, we have released updated versions of our product offerings improving our competitive position. These activities have resulted in an increased number of on-going customer discussions and evaluations. I am confident that we

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Neonode Signs Serial Microelectronics (HK) as Distributor to Chinese Market

STOCKHOLM, SWEDEN, July 08, 2019 — Neonode Inc. (NASDAQ: NEON), the optical sensing technology company, today announced that it has signed a distributor agreement with Serial Microelectronics (HK) Limited to promote and sell Neonode’s sensor products in China, Taiwan and Hong Kong through Serial’s extensive sales and distribution organization. Serial Microelectronics (HK) Limited is a subsidiary of Serial System Ltd., a company listed on the Mainboard of the Singapore Stock Exchange. The Serial System group, with over 30 offices and 13 warehousing facilities in key Asian markets, is focused

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Neonode Announces Contactless Touch for Curbing Pathogen Transmission in Hospitals and Other Public Spaces

Sensor Week, Santa Clara, California – June 26, 2019 – Neonode Inc., (NASDAQ: NEON), the optical sensing technology company, today announced that its zForce® Touch Solutions are now optimized for reducing pathogen transmission in hospitals and other public spaces, by enabling contact-free interaction with graphical user interface (GUIs). Sensor Week, Santa Clara, California – June 26, 2019 – Neonode Inc., (NASDAQ: NEON), the optical sensing technology company, today announced that its zForce® Touch Solutions are now optimized for reducing pathogen transmission in hospitals and other public

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Neonode Announces Appointment of New Chief Financial Officer

STOCKHOLM, SWEDEN, May 28, 2019 — Neonode Inc. (NASDAQ: NEON), the optical sensing technology company, today announced the appointment of Maria Ek as new Chief Financial Officer (“CFO”), effective June 1, 2019. Lars Lindqvist, who has served as CFO of Neonode since August 2014 will remain available to assist with the transition of leadership responsibilities. Maria Ek has been serving as Corporate Controller for Neonode since December 2018. She previously held several financial management positions in international organizations including as Global Head of Accounting at Digital Route AB. “

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Neonode Announces Next Generation of Cost Optimized Touch Solutions and Extends Range of Sensor Modules

San Jose, California – May 13, 2019 –Neonode Inc., (NASDAQ: NEON), the optical sensing technology company, today announced that its next generation of cost-optimized high-performance zForce® touch solutions and a new updated version of zForce sensor modules will be unveiled at SID Display Week in San Jose, CA, May 14 - 16, 2019. Neonode is now releasing the next generation of its legacy zForce touch solution for as low as $0.43 per diagonal inch in system cost, which is significantly lower than equivalent PCAP solutions.  This new generation offers the same world-class performance as

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