PR Newswire | Oct 13, 2021 09:47AM EDT

10/13 08:46 CDT

Neonode and EIL Join Forces to Address Contactless Touch Market in China STOCKHOLM, Oct. 13, 2021

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 RelationsDavid BruntonE-mail: david.brunton@neonode.comPhone: +1 925 768 0620 Chief Executive OfficerUrban ForssellE-mail: urban.forssell@neonode.com

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https://news.cision.com/neonode/r/neonode-and-eil-join-forces-to-address-contactless-touch-market-in-china,c3432298

The following files are available for download:

https://mb.cision.com/Main/17297/ Neonode and EIL Join Forces to Address3432298/1480459.pdf Contactless Touch Market in China

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SOURCE Neonode