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TheStreet Open House

Neonode(R) Hires Semiconductor Industry Veteran As Global Head Of Commercial Sales

SANTA CLARA, Calif., Feb. 24, 2014 (GLOBE NEWSWIRE) -- Neonode Inc., (Nasdaq:NEON), the optical touch technology company, today announced that it has hired Bengt Edlund as Vice President of Global Sales.

Mr. Edlund has over 30 years of semiconductor sales and marketing experience from his time at Hewlett-Packard and National Semiconductor. More recently, Mr. Edlund served as the Managing Director of National Semiconductor in Sweden for 20 years, managing global sales and support for large European accounts worldwide, across a wide array of technology sectors. Mr. Edlund also served as NSM's Director of European Marketing for System Products and Business Development for Key Market Segments. Mr. Edlund's end market coverage included mobile communication, consumer electronics, automotive, solar energy, battery management systems and LED lighting.

At Neonode, Mr. Edlund will spearhead the Commercial Sales Team into new sectors such as wearables, mobile computing, peripherals, printing, gaming and Windows/Chrome PC/notebooks/monitors by leveraging his global account knowledge and decades of electronics experience.

"We are excited to gain a sales team leader of Bengt's caliber and reputation, who will steer Neonode's growth efforts into new high volume sectors," said Neonode CEO Thomas Eriksson.

Mr. Edlund (bengt.edlund@neonode.com) and the Neonode team will be at Mobile World Congress (MWC) this week (through the 27th), which is being held at the Fira Gran Via in Barcelona (Spain). Neonode is located in Hall 7 Stand 7H18.

About Neonode

Neonode Inc. (Nasdaq:NEON) develops and licenses the next generation of Multisensing touch technologies, allowing companies to differentiate themselves by making high performing touch and proximity 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 touch and proximity 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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