SBEID Sbe (MM)

Neonode, Inc. today announced it has been named to the annual FierceWireless �Fierce 15� list, designating it as one of the top wireless companies of the year. FierceWireless editors evaluated hundreds of organizations, and found Neonode to be amongst the �fiercest,� proven by their creativity and innovations in the marketplace. FierceWireless is an internationally recognized daily email newsletter reaching more than 74,000 senior wireless industry executives in over 100 countries with a briefing on the day's top wireless stories, including new trends and technologies. �Neonode�s infrared grid touch screen is innovative and groundbreaking,� said Sue Marek, Editor-in-Chief of FierceMarkets. Neonode, a Swedish developer of mobile devices and a pioneer in buttonless, touchscreen mobile phones, showcased its new mobile phone Neonode N2 for the first time in February this year to critical acclaim. �We are thrilled to be on the Fierce 15 list,� said Mikael Hagman, CEO and President of Neonode. �The recognition of our technological capabilities and innovation focus, showcased in Neonode N2, is of course a milestone in Neonode�s development, laying the ground for future business." The FierceWireless �Fierce 15� celebrates the spirit of being �fierce� � championing innovation and creativity, even in the face of intense competition. The complete list of winning companies is available on the FierceWireless Web site at www.fiercewireless.com. About Neonode Neonode AB was founded in 2001 and is a Swedish developer of mobile devices. The mobile devices are based on patented technologies which enable a unique design and user experience. The devices are also based on an open and upgradeable platform which minimizes the need to constantly update the hardware. Neonode Inc. has recently announced the execution of a definitive merger agreement with SBE, Inc. a publicly-traded company (NASDAQ:SBEI). After shareholder approval of the merger, the combined company's headquarters will be in Stockholm, Sweden, where Neonode's current corporate headquarters is located. About FierceMarkets FierceMarkets is a digital business media company serving vertical markets with email newsletters, web sites, and live events. Based in Washington, DC, FierceMarkets publications reach more than 450,000 executives in over 100 countries every business day. Current publications include The Business VoIP Report (http://www.businessvoipreport.com), DailyTechRag (http://www.dailytechrag.com), FierceBioResearcher (http://www.fiercebioresearcher.com), FierceBiotech (http://www.fiercebiotech.com), FierceBioResearcher (http://www.fiercebioresearcher.com), FierceCIO (http://www.fiercecio.com), FierceDeveloper (http://www.fiercedeveloper.com), FierceFinance (http://www.fiercefinance.com), FierceGameBiz (http://www.fiercegamebiz.com), FierceHealthCare (http://www.fiercehealthcare.com), FierceHealthIT (http://www.fiercehealthit.com), FierceIPTV (http://www.fierceiptv.com), FierceMobileContent (http://www.fiercemobilecontent.com), FierceSarbox (http://www.fiercesarbox.com), FierceVoIP (http://www.fiercevoip.com), FierceWiFi (http://www.fiercewifi.com), FierceWireless (http://www.fiercewireless.com), and IT-Wireless (http://www.it-wireless.com).