STOCKHOLM, Nov. 24, 2020 /PRNewswire/ -- Neonode Inc.
(NASDAQ: NEON) and Metatechno Inc. have signed a value-added
reseller agreement whereby Metatechno offers the sale of Neonode's
touch sensor modules and the associated software development for
various contactless touch applications.
"We are excited to work with Metatechno and increase our
footprint in Japan," said Dr.
Urban Forssell, CEO of Neonode,
adding, "Metatechno stands out for their mobility and flexibility.
They are focused on becoming the global number one in their market
niche."
Kazuhiko Fukushige, President and
CEO added, "At Metatechno, we see innovation in new combinations of
existing things - technologies, people and methodologies. We
recognize that innovation is not always bound by the high hurdle of
creating something new from zero, but includes creating new
combinations for our customers' benefit. Our philosophy is
encapsulated in the term `New Combination'. We strongly feel that
the `New Combination' that incorporates the Neonode sensor module
has great potential."
For more information, please 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
About Neonode
Neonode Inc. (NASDAQ:NEON) is a publicly traded company,
headquartered in Stockholm, Sweden
and established in 2001. The company provides advanced optical
sensing solutions for contactless touch, touch, gesture control,
and in-cabin monitoring. Building on experience acquired during
years of advanced R&D and technology licensing, Neonode's
technology is currently deployed in more than 75 million products
and the company holds more than 120 patents worldwide. Neonode's
customer base includes some of the world's best-known Fortune 500
companies in the consumer electronics, office equipment, medical,
avionics, and automotive industries.
NEONODE and the NEONODE logo are trademarks of Neonode Inc.
registered in the United States
and other countries.
For further information please
visit www.neonode.com
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About Metatechno
Metatechno Inc., headquartered in Kanagawa, Japan, has been providing engineering services
in various fields, from embedded software to cloud software and IoT
software, since its establishment in 1984. For more information
please see https://www.meta.co.jp/ (in
Japanese).
Safe Harbor Statement
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 the
expected proceeds and closing of the private placement. 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 SEC 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.
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/neonode/r/neonode-and-metatechno-of-japan-sign-value-added-reseller-agreement,c3242559
The following files are available for download:
https://mb.cision.com/Main/17297/3242559/1339175.pdf
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SOURCE Neonode