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Neonode Launches zForce(TM)AIR(TM) Game Changing Technology -- Touch Enabling Any Surface(GlobeNewswire Via Acquire Media NewsEdge) SANTA CLARA, Calif., June 26, 2014 (GLOBE NEWSWIRE) -- Neonode Inc., (Nasdaq:NEON), the optical-touch technology licensing company, today officially launched zForce™AIR™, a breakthrough and game-changing technology which can touch enable any surface. zForce™AIR is a modular sensor bar that can be integrated into any device or structure. It projects an infrared light field on the surface of the display or desired touch area and gives accurate X and Y coordinates for touch functionality. The result is great flexibility in Industrial Design, Differentiated Leading Edge Functionality, and Ultra-Low Cost. The applications for zForce™AIR™ are limitless and can be applied to Notebooks, All-In-One, Monitors, Keyboards, eReaders, Tablets, Printers, Mobile Phones, Gaming Devices, White Goods, and Automotive (link to image 1 and image 2). Advantages of zForce™AIR™ over other optical and projective capacitive technologies: Any Surface – Touch functionality on any surface such as LCD's, OLED, E-Paper, metal and plastic materials, glass, wood and even human skin (for Wearables). Functionality – zForce™AIR™ can be integrated into devices to give not only touch functionality but also allow for free space air gestures. Scalability – Optimized for high volume production allowing any module maker to pre-produce the zForce™AIR sensors as pre tested modules allowing for infinite production volume scalability. Cost – Through reduced number of components, ease of production and assembly, zForce™AIR™ enables OEMs to deploy touch in a wide range of devices where cost has been the main barrier for touch integration. New Possibilities – zForce™AIR™ can be integrated into wearable devices to use back of hand as a touch surface. Also, opportunities for building "active" phone and tablet cases that enable a whole new way of device interaction without touching the screen. "We are very enthusiastic about this new technology that can touch enable any surface. Already the OEM's who have seen our first samples are very eager to work with Neonode on next generation of human to device interaction. We believe this technology could be a game changer for OEM's that need low cost touch and proximity solutions. zForce™AIR™ is a result of our continuous investment and commitment in R&D to keep our technology leading edge and offer our customers something which differentiates their devices," said Thomas Eriksson, CEO of Neonode Inc. For more information about Neonode´s and our touch and proximity solutions: Sales contact: Bengt Edlund ([email protected]) VP of Global Sales ConsumerMedia, Investors and Analysts contact: Daniel Gelbtuch ([email protected]) SVP of Investor Relations, Mobile: +1 917.509.9582 About Neonode Neonode Inc. (Nasdaq:NEON) develops and licenses the next generation of Multisensing touch technologies, allowing companies to differentiate themselves by making high performing touch and proximity solutions at a competitive cost. Neonode is at the forefront of providing unparalleled user experiences that offer significant advantages for OEM's. This includes state-of-the-art touch and proximity technology features such as low latency pen or brush sensing, high speed scanning, proximity-, pressure-, and depth sensing capabilities and object-size measuring. Neonode's patented Multisensing technology is developed into a wide range of devices such as All-In-One PCs, Notebooks, Monitors, e-readers, Printers, White Goods, Wearable's, Mobile and PC Accessories, and Advanced Automotive Infotainment Systems. Neonode, the Neonode logo, Multisensing, and zForce are trademarks of Neonode Inc. registered in the United States and other countries. zForce AIR and zForce PLUS are trademarks of Neonode Inc. For more information please visit www.neonode.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements relating to expectations, future performance or future events, and product cost, performance, and functionality matters. These statements are based on current assumptions, expectations and information available to Neonode management and involve a number of known and unknown risks, uncertainties and other factors that may cause Neonode's actual results, levels of activity, performance or achievements to be materially different from any expressed or implied by these forward-looking statements. These risks, uncertainties, and factors are discussed under "Risk Factors" and elsewhere in Neonode's public filings with the U.S. Securities and Exchange Commission from time to time, including Neonode's annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties and other factors. Although Neonode management believes that the forward-looking statements contained in this press release are reasonable, it can give no assurance that its expectations will be fulfilled. Forward-looking statements are made as of today's date, and Neonode undertakes no duty to update or revise them. Neonode only releases news of new customer agreements and design wins that are considered to be potentially material. Although every reasonable effort is made to present current and accurate information, Neonode makes no guarantees of any kind. Even if the customer or partner always has the intention to actually launch a commercial product or product line in high volume, there is no guarantee that this will be the case. Besides the touch solution, a commercial product involves many other components and systems that effects the customer's development process. © 2014 Neonode Inc. All rights reserved. Neonode is a registered trademark of Neonode Inc. Source: Neonode Inc. 2014 GlobeNewswire, Inc. |