LG Releases KidsPad 2 Using Neonode's zForce(TM)AIR(TM) Technology

SANTA CLARA, Calif., Sept. 18, 2014 (GLOBE NEWSWIRE) -- Neonode® Inc., (Nasdaq:NEON), the optical-touch technology company, proudly announced that its zForce™CORE™ and zForce AIR technologies have been adopted by LG in the LG KidsPad 2.

In a world first, LG has deployed Neonode's zForce CORE technology for the touchscreen, and the innovative zForce AIR technology for touch functionality outside the actual tablet device when placed on any flat surface. This innovation opens up a whole new world of user experience to enhance and make learning interactive and fun. LG's KidsPad 2 uses a combination of interactive games and dynamic learning applications to engage children's inquisitive nature while delivering an easy to use touch based interaction on and outside the device.

Neonode's strategy to establish a strong foothold in the growing gaming and education devices segment is bearing fruit as shown in the LG KidsPad 2. zForce AIR technology is a unique and differentiated offering covered by Neonode's patented technology.

"LG is proving to be the leader in innovation for children's tablets with the KidsPad 2. We are proud and excited to be part of this new innovative device. We believe that this innovation is perfect for smartphone, tablet, and gaming devices. We have a very close cooperation with LG and are looking forward to working with them on many new devices", said Thomas Eriksson, CEO of Neonode.

For more information about Neonode´s and our solutions:

Sales contact:

Investors and Analysts contact:

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, high speed scanning, proximity-, pressure-, and depth sensing capabilities and object-size measuring.

Neonode's patented MultiSensing technology is developed into a wide range of devices such as all-in-one PCs, notebooks, monitors, e-readers, printers, white goods, wearables, mobile and PC accessories, and advanced automotive infotainment systems.

Neonode, the Neonode logo, MultiSensing, and zForce are trademarks of Neonode Inc. registered in the United States and other countries. zForce AIR and zForce CORE are trademarks of Neonode Inc. For more information please visit www.neonode.com

Forward-Looking Statements

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 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.

Neonode only releases news of new customer agreements and design wins that are considered to be potentially material. Although every reasonable effort is made to present current and accurate information, Neonode makes no guarantees of any kind. Even if the customer or partner always has the intention to actually launch a commercial product or product line in high volume, there is no guarantee that this will be the case. Besides the touch solution, a commercial product involves many other components and systems that effects the customer's development process.

© 2014 Neonode Inc. All rights reserved.

Source:Neonode Inc.