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Neonode Launches zForce(TM) EDGE(TM) -- World's First Flush Edge-to-Edge, Glass-Free Multi-Touch Technology for Notebooks, All-In-One PCs and Monitors

SANTA CLARA, Calif., Oct. 14, 2014 (GLOBE NEWSWIRE) -- Neonode Inc., (Nasdaq:NEON), the optical-touch technology company, proudly announces zForce EDGE, a ground-breaking technology that provides flush, edge-to-edge, glare-free (without cover glass/ITO sensor) multi-touch for Notebooks, All-In-One PCs, and PC Monitors.

zForce EDGE, an innovation in the field of Multi-Touch technology, enables PC OEMs to offer seamless edge-to-edge flush industrial designs for PC devices without the need of a cover glass/ITO touch sensor.

Neonode's zForce EDGE take advantage of the new IPS LCD modules with ultra-small bezels to maximize the active display area, resulting in a glare-free user experience, optimal image quality, significant reduction in weight, a smooth "silk effect" touch experience, and optimized power management, at cost savings greater than 50% compared with projected capacitance technologies.

The PC market represents a vast growth opportunity for Neonode. The notebook market size is ~190 million devices annually with only a 20% touch attachment rate. AIO PC's and PC Monitors are both under 5% touch attachment rates and collectively represent over 140 million annual device sales. The high cost and substandard user experience of existing technologies are among the factors limiting the touch connect rate for notebooks, AIO's and monitors. zForce EDGE addresses both these factors with its low total cost and elimination of the cover glass.

"Neonode's business plan is focused on enabling touch in all PC devices. With zForce EDGE we now offer industry-leading design freedom and usability. In order to ease design-in and reduce costs our partners can now provide zForce EDGE as a complete touch module. Neonode is currently collaborating with multiple tier-one OEMs on designs, and with multiple ODMs on reference designs," said Thomas Eriksson, CEO of Neonode.

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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 is a trademark 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 affect the customer's development process.

© 2014 Neonode Inc. All rights reserved.

Source:Neonode Inc.