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Neonode® Signs Long-Term License Agreement With Alpine For Next Generation In-Vehicle Touch Infotainment Systems

Neonode Inc (NASDAQ:NEON), the MultiSensing TM touch technology company, announced today that it has entered into a multi-year licensing agreement with Alpine Electronics Inc., a leading automotive systems and audio specialist, to embed Neononde’s patented MultiSensing™ technology, that includes the Neonode AlwaysON™ and proximity features, into Alpines In-Vehicle Infotainment System products.

The Neonode MultiSensing™ solution is a robust optical touch technology, particularly suitable for vehicle displays. Unlike other touch solutions, it detects any type of object, like a gloved hand or a car key. In addition, the Neonode AlwaysON™ power saving feature enables gesture activated wake-up of the screen when it is in sleep or off mode. The solution also includes a proximity function that senses objects up to 4 inches away, supporting multi “air gesture” commands without having to actually touch the display surface.

“We are very happy to announce the agreement with Alpine as we continue to expand our customer base in the Automotive components and module market. The display resolution, durability, accuracy, and the fact that you can use our technology with gloves are important factors for an intuitive user experience in touch enabled automotive displays,” said Neonode CEO Thomas Eriksson. “We have established a mutually inspiring relationship with Alpine and we look forward to bring our MultiSensing™ touch technology to their products worldwide,” Eriksson concluded.

The MultiSensing™ Touch solution is built on Neonode’s patented optical multi touch technology, zForce ® .

About Neonode®

Neonode Inc. (NASDAQ:NEON) develops and licenses the next generation of MultiSensing™ touch technologies, enabling companies to differentiate themselves by making high performing touch solutions at a competitive cost. Neonode is at the forefront of providing unparalleled user experiences that offer significant advantages for OEM's. This includes state-of-the-art technology features such as low latency pen or brush sensing, remarkably high speed scanning, proximity-, pressure-, and depth sensing capabilities and object-size measuring.

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