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Neonode and EIL Join Forces to Address Contactless Touch Market in China

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STOCKHOLM, Oct. 13, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has signed a value-added reseller agreement with EIL Company Ltd. to design, promote and sell contactless touch products and solutions featuring Neonode contactless technology in China and Hong Kong.

"We are excited to work with EIL and increase our footprint in China. EIL is an experienced and capable company and we see a great potential to grow our contactless business in China together with them," said Urban Forssell, CEO of Neonode

Ronnie Kong, CEO of EIL, said: "We are impressed with the performance and versatility of Neonode's contactless technology, and we look forward to better solving our customers' challenges and a pure win-win collaboration."

For more information, please contact:

CONTACT:

Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
Phone: +1 925 768 0620 
 
Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com 

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Neonode and EIL Join Forces to Address Contactless Touch Market in China

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About NEON

we have made it our mission to develop the next generation of user interface and touch technology solutions, breaking the norm of what is perceived possible. our original multisensing® technology has emerged from years of design driven innovation, into intense user experience for mobile phones, tablets, toys, office appliances, home appliances and car hmi and infotainment systems. the cornerstone of our offer to customers is our patented touch technology zforce® which provides a far more augmented and profound user experience than traditional touch. neonode’s multisensing solutions are found in millions of proven consumer and industrial products on today’s market. our customers include sony, volvo, shenzhen wave, one laptop per child, alpine, marco polo, barnes & noble, amazon, oregon scientific, l&i, and daesung. neonode®, multisensing® and zforce® are registered trademarks of neonode, inc. for further information please visit www.neonode.com