Neonode® AirBar™ Sensor Available At Walmart.com

STOCKHOLM, Sweden, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Neonode Inc. (NASDAQ:NEON), the Optical Interactive Sensing Technology Company, has announced that its AirBar sensor is now available at the largest retailer in the world - Walmart®.

AirBar brings displays to life, adding touch and gesture sensing to both new and existing PCs. AirBar works with laptops running Windows® 10 and most ChromeOS™ devices as a "Plug and Touch" solution. Simply plug AirBar into the USB port and interact with the display immediately.

AirBar received the CES® 2017 Innovation Honoree Award for Computer Accessories.

"We are excited at the mass market opportunity and reach that Walmart provides for AirBar," said Remo Behdasht, SVP AirBar Devices at Neonode Inc. "Now all PC users who want to extend the life of their laptops, and add greater functionality to what they already have at an affordable price, can buy AirBar from the world's largest retailer."

To Purchase: Walmart - https://www.walmart.com/ip/Neonode-AirBar-Adds-Touch-To-15.6-PC-Displays/55040195

About the CES Innovation AwardsThe CES Innovation Awards are based upon descriptive materials submitted to the judges. CTA did not verify the accuracy of any submission or of any claims made and did not test the item to which the award was given.

About NeonodeNeonode Inc. (NASDAQ:NEON) develops and licenses optical interactive sensing technologies. Neonode's patented optical interactive sensing technology is developed for a wide range of devices like automotive systems, printers, PC devices, monitors, mobile phones, tablets and e-readers. NEONODE and the NEONODE logo are trademarks of Neonode Inc. registered in the United States and other countries. AIRBAR is a trademark of Neonode Inc. All other trademarks are the property of their respective owners.

For more information please visit www.neonode.com .

About Ingram Micro

Ingram Micro helps businesses Realize the Promise of Technology™. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. More at www.ingrammicro.com.

Forward-Looking StatementsThis 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 product cost, performance, and functionality matters. 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 U.S. Securities and Exchange Commission 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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