NEON - Neonode and EIL Join Forces to Address Contactless Touch Market in China

PR Newswire

STOCKHOLM , Oct. 13, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has signed a value-added reseller agreement with EIL Company Ltd. to design, promote and sell contactless touch products and solutions featuring Neonode contactless technology in China and Hong Kong .

"We are excited to work with EIL and increase our footprint in China . EIL is an experienced and capable company and we see a great potential to grow our contactless business in China together with them," said Urban Forssell , CEO of Neonode

Ronnie Kong , CEO of EIL, said: "We are impressed with the performance and versatility of Neonode's contactless technology, and we look forward to better solving our customers' challenges and a pure win-win collaboration."

For more information, please contact:

CONTACT:

Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
Phone: +1 925 768 0620

Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com

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SOURCE Neonode