STOCKHOLM, Oct. 27, 2020 /PRNewswire/ -- Neonode Inc.
(NASDAQ: NEON), is pleased to announce it has signed a value-added
reseller agreement with Global Electronics Corporation (GEC) to
promote and sell Neonode sensor products in Japan and Southeast
Asia.
GEC is an experienced electronics solution provider and
distributor whose mission is to deliver value added products to
customers as well as products and services that contribute to
society. GEC has an extensive sales and distribution organization
as well as engineering services and manufacturing capabilities,
which makes GEC a comprehensive provider of components, integrated
systems and value-added engineered products.
"This agreement with GEC increases our presence in Japan and Southeast
Asia. We are happy to partner with GEC to increase the
technical and commercial offerings of Neonode products to customers
in this region." said Neonode CEO Dr. Urban
Forssell.
Mr. Kiichi Matsuda, Executive
Chairman of GEC, added "We see many opportunities for contactless
touch interfaces and believe that Neonode sensor modules will
provide the best value to our customers."
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
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 touch, gesture control, and remote sensing.
Building on experience acquired during years of advanced optical
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 Global Electronics Corporation
Global Electronics Corporation (GEC) headquartered in
Tokyo, Japan, is involved in
several business areas, including import and export, manufacture
and distribution of electronic components. For more information
please
see https://www.gec-tokyo.co.jp/en/corporate/profile
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.
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The following files are available for download:
https://mb.cision.com/Main/17297/3225897/1326406.pdf
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Neonode and Global
Electronics Corporation (GEC) of Japan Sign Value-Added Reseller
Agreement
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