Appointment of Johan Swartz as Vice President HMI Products

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STOCKHOLM, SWEDEN – May 26, 2020 – Neonode Inc. (NASDAQ: NEON) today announced the appointment of Johan Swartz as Vice President HMI Products.

Mr. Swartz has spent more than 20 years in the semiconductor and technology industries focusing on B2B sales. Johan was Director and Head of Sales for Japan and South Asia at Fingerprint Cards AB from 2017 to date. Prior to Fingerprint Cards, Johan held several sales management positions at Ericsson AB, most recently as Head of Sales and Business Management, North East Asia for Business Unit Support Solutions between 2011 and 2016. Johan’s experience provides him with deep knowledge in sales and business management in Asia, particularly in Japan where he lived for 15 years.
 
Johan holds double B.Sc. degrees in Business Administration and East Asian Studies from the University of Stockholm.

“Johan’s experience and track record of success in the B2B technology sector make him an ideal candidate to grow our sensor products business and lead the sales and marketing activities in our business area HMI Products,” said Urban Forssell, CEO of Neonode.  

 Swartz added, “Neonode’s sensor products are great enablers for touchless interaction and I am truly excited to build a strong customer base for these revolutionary sensor products.”

For more information, please contact:

Investor Relations
David Brunton
E-mail: david.brunton@neonode.com

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

About Neonode
Neonode Inc. (NASDAQ:NEON) is a publicly traded company, headquartered in Stockholm, Sweden and established in 2001. The company provides advanced optical sensing solutions for touch, gesture control, and remote sensing. Building on experience acquired during years of advanced optical R&D and technology licensing, Neonode’s technology is currently deployed in more than 75 million products and the company holds more than 120 patents worldwide. Neonode’s customer base includes some of the world’s best-known Fortune 500 companies in the consumer electronics, office equipment, medical, avionics, and automotive industries.

Neonode operates in three business areas: HMI Solutions, HMI Products and Remote Sensing Solutions. In HMI Solutions, Neonode offers customized optical touch and gesture control solutions for many different markets and segments. In HMI Products, the company provides innovative, plug-and-play sensor modules that enable touch on any surface, in-air touch, and gesture control for a wide range of applications. In Remote Sensing Solutions, Neonode offers robust and cost-effective driver and cabin monitoring solutions for vehicles based on the company’s flexible, scalable and hardware-agnostic software platform.

NEONODE and the NEONODE logo and are trademarks of Neonode, Inc. registered in the United States and other countries.

For further information, please, visit www.neonode.com.

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Safe Harbor Statement
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 the expected proceeds and closing of the private placement. 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 SEC 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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Johan’s experience and track record of success in the B2B technology sector make him an ideal candidate to grow our sensor products business and lead the sales and marketing activities in our business area HMI Products.
Urban Forssell, CEO of Neonode
Neonode’s sensor products are great enablers for touchless interaction and I am truly excited to build a strong customer base for these revolutionary sensor products.
Johan Swartz, VP HMI Products