NEONODE AND FINETEK SIGN COLLABORATION AGREEMENT

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 categories.

“I am are very happy about the cooperation with Finetek. This agreement greatly expands our technology reach in Asia and beyond, offering manufacturing that meets the requirements for automotive certification and consumer grade applications,” said Håkan Persson, CEO at Neonode.

Finetek CEO Kang Won-Il, said: “We are seeing increased interest from our automotive and home appliance manufacturing customers in touch and gesture user interaction. We look forward to working together with Neonode to deliver Neonode’s innovative technology to both established and new customers.”

Investor and analyst contacts
Investor Relations
David Brunton
E-mail: david.brunton@neonode.com

Chief Financial Officer
Lars Lindqvist
E-mail: lars.lindqvist@neonode.com

About Neonode
Neonode Inc. (NASDAQ:NEON) develops, manufactures and sells advanced sensor modules based on the ’Company’s proprietary zForce AIR technology. Neonode zForce AIR® Sensor Modules enable touch interaction, mid-air interaction and object sensing and are ideal for integration in a wide range of applications within the automotive, consumer electronics, medical, robotics and other markets. The Company also develops and licenses user interfaces and optical interactive touch solutions based on its zForce CORE technology. To date, Neonode’s technology has been deployed in over 67 million products, including 4 million cars and 63 million consumer devices.

NEONODE, the NEONODE logo and ZFORCE are trademarks of Neonode Inc. registered in the United States and other countries.

For further information please visit www.neonode.com

About Finetek
Finetek Co., Ltd. manufactures and sells AMOLED equipment, touch solution for home appliance and automotive, Electronic Shelf Label and provides manufacturing service for digitizer and TSP in Korea and internationally. Its products and solutions are used in various industries, including AMOLED display, mobile, home appliance, automotive, mart, warehouse industry. Finetek Co., Ltd. was founded in 2008 and is headquartered in Seoul, Korea.