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Press Releases

Press Releases

Neonode Reports First Quarter Ended March 31, 2019 Financial Results

Link to Neonode-Q1-2019 Earnings Press Release (https://www.neonode.com/wp-content/uploads/2019/05/Neonode-Inc-Q1-2019-Earnings-Press-Release.pdf) STOCKHOLM, SWEDEN – May 8, 2019 – Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the three months ended March 31, 2019. “We are executing on our business plan, and see a growing number of customer design activities for both licensing and module projects. I am happy with the progress we are making and I am confident that we are on the right track to achieve revenue growth

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Neonode and Finetek Sign Collaboration Agreement

Stockholm, Sweden – April 15, 2019 –Neonode Inc., (NASDAQ: NEON), the optical sensing technology company, today announced that the company has signed a collaboration agreement with Finetek Co. Ltd. of Korea. According to the terms of the agreement Finetek will serve as a system integrator and future electronic manufacturing partner for Neonode zForce® technology. As an automotive-certified integration partner, Finetek will expand the business opportunities for Neonode’s technology platforms, namely, integrated touch solutions and sensor modules, in both the automotive and consumer product

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Neonode Announces Changes in the Membership of the Board

STOCKHOLM, SWEDEN, April 15, 2019 — Neonode Inc. (NASDAQ: NEON), the optical sensing technology company, today announced future changes in the membership of the Board of Directors. Peter Lindell and Mattias Bergman will be appointed to the Board and Åsa Hedin and Per Eriksson will due to other commitments, resign as members of the Board no later than the conclusion of the 2019 Annual Meeting of Stockholders to be held June 5, 2019. Peter Lindell currently serves as Chairman and board member in several companies where he also is an owner. He is Chief Executive Officer of Cidro Holding, a

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Neonode Signs Convergence to Sell zForce Sensor Modules in North America

Convergence’s nationwide consortium of Sales Reps and FAEs will offer regional sales and distribution of Neonode’s products throughout the US. SAN JOSE, CALIFORNIA, March 25, 2019 – Neonode Inc. (NASDAQ: NEON), the Optical Interactive Sensing Technology Company, announced today that Convergence Promotions LLC will act as Neonode’s North American sales and marketing partner to the industrial, medical, aerospace, military, robotics and consumer markets. This partnership will help Neonode deliver on its strategy of providing Neonode sensor modules to a wide range of customers, by providing a

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NEONODE ZFORCE SENSOR MODULES IN SANDVIK DEMO AT ARLANDA TERMINAL 5

Neonode selective area touch (SAT) solution is used to activate the menu system on two 55″ Samsung displays in a Sandvik demo at Arlanda Terminal 5. Design by BAS Interesting Times Gang (https://www.linkedin.com/company/itg-digital/) for #sandvikinnovation @bas_itg, @basid.se (https://www.linkedin.com/feed/hashtag/?keywords=%23sandvikinnovation)

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Neonode Reports Fourth Quarter and Year Ended December 31, 2018 Financial Results

Link to; Neonode Inc 4Q and year 2018 Earnings Release (https://www.neonode.com/wp-content/uploads/2019/03/Neonode-Inc-4Q-and-year-2018-Earnings-Release.pdf) STOCKHOLM, SWEDEN – March 7, 2019 – Neonode Inc. (NASDAQ: NEON), the Optical Interactive Sensing Technology Company, today reported financial results for the fourth quarter and year ended December 31, 2018. Highlights: · Revenue was $8.5 million, a decrease of 17% compared to prior year · Operating expenses reduced 14% to $11.5 million compared to $13.4 million for prior year · Net loss of $3.1 million, or $0.52 per share

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Neonode ® to Report 2018 Financial Results on March 7, 2019

Conference call on March 7, 2019 at 10AM EST/4PM CET Stockholm, Sweden – February 21, 2019 – Neonode Inc., (NASDAQ: NEON), the Optical Interactive Sensing Technology Company, announced today that it will release financial results for the year ended December 31, 2018 on Thursday March 7, 2019. The Company will host a conference call Thursday March 7, 2019 at 10AM Eastern Standard Time (EST)/4PM Central European Time (CET) featuring remarks by, and Q&A with, Hakan Persson, CEO, Lars Lindqvist, CFO and David Brunton, Head of Investor Relations.  The dial-in number for the conference call

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Neonode Announces Resignation of Chief Financial Officer

STOCKHOLM, SWEDEN, February 20, 2019 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today announced that Lars Lindqvist intends to resign from his position as Chief Financial Officer to explore leadership opportunities outside the company. Mr. Lindqvist has agreed to maintain his commitment to Neonode by rejoining the Board of Directors at a future date. Mr. Lindqvist, age 61, has served as Chief Financial Officer of Neonode since August 2014.  He previously served as a member of the Board of Directors of Neonode between November 2011 and August 2014.

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Neonode Announces Closing of $4.7 Million Private Placement

STOCKHOLM, SWEDEN, December 31, 2018 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today announced the closing of its previously-announced private placement of $4.7 million of Neonode common stock. Pursuant to the terms of the non-brokered private placement, Neonode sold 2.9 million shares of newly issued common stock at a price of $1.60 per share pursuant to the share purchase agreement. The purchasers in the private placement included Neonode directors, Ulf Rosberg and Andreas Bunge, and members of management, including Chief Executive Officer Hakan

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Neonode to Raise $4.7 Million in Private Placement

STOCKHOLM, SWEDEN, December 20, 2018 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today announced it has entered into definitive agreements for the private placement of $4.7 million of Neonode common stock. Pursuant to the terms of the non-brokered private placement, Neonode has agreed to sell 2.9 million shares of newly issued common stock at a price of $1.60 per share. The sale price per share represents a 4% premium to the most recent closing price of NEON.  The purchasers in the private placement include Neonode directors, Ulf Rosberg and Andreas

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Neonode Reports Third Quarter Ended September 30, 2018 Financial Results

STOCKHOLM, SWEDEN – November 8, 2018 – Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the three and nine months ended September 30, 2018. Neonode Reports Third Quarter Ended September 30, 2018 Financial Results (https://www.neonode.com/wp-content/uploads/2018/11/Neonode-3Q-2018-Earnings-Press-Release-.pdf) Third Quarter 2018 Business Metrics •    Revenue was $1.9 million, a decrease of 17% compared to prior year  •    Operating expenses reduced to $2.5 million compared to $3.6 million for prior year •    Net loss of

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Neonode – Winner of the Swedish Embedded Award 2018

Neonode was a nominated candidate in the Swedish Embedded Award with their zForce Sensor Module. The presentation of the winners took place in the evening, November 6 at the event, and Neonode was announced as winner in the “Enterprise Category”, The motivation from the Swedish Embedded Jury: Invisible control panels like science fiction With air sensors there is no restriction A magic button in the air Just point your fingers and it´s there Links to articles about the Embedded Award and the winners below: https://www.swedishembeddedaward.se/2018/11/06/5898 http://www.elinor.se/vi-

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