STOCKHOLM, July 2, 2020 /PRNewswire/ -- Neonode Inc.
(NASDAQ: NEON), is pleased to announce it has signed a distributor
agreement with HY-LINE Computer Components GmbH to promote and sell
Neonode's sensor products in Germany, Switzerland, Austria, the
Netherlands and Belgium.
Neonode and HY-LINE started discussions during 2019 and have now
formalized the partnership.
HY-LINE Computer Components GmbH, an independent company within
HY-LINE Group, is an experienced technology partner and
applications specialist in the fields of display technology,
embedded computing, and signal management and transfer. HY-LINE has
an extensive sales and distribution organization and works closely
with its customers, providing technical, commercial and logistical
support all the way from the definition phase to final series
production.
"This agreement with HY-LINE increases our presence in key
markets in central Europe. We are
happy to partner with HY-LINE to increase the technical and
commercial offerings of Neonode products and solutions to customers
in this region" said Neonode CEO Dr. Urban
Forssell.
Mr. Guido Bruening, President of
HY-LINE Computer Components, added "We are impressed with the
capability and range of Neonode's sensor solutions, and we look
forward to better solving our customers' problems and a fruitful
collaboration for both companies."
For more information, please contact:
Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/neonode/r/neonode-enters-central-european-market-with-hy-line,c3146626
The following files are available for download:
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https://mb.cision.com/Main/17297/3146626/1273761.pdf
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