Leading Japanese Sushi Chain Deploys Contactless Self-Service Kiosks Powered by Neonode

STOCKHOLM, SWEDEN, November 9, 2021 — Neonode Inc. (NASDAQ: NEON), is pleased to announce that a Neonode customer in Japan has been selected by a leading sushi restaurant chain in Japan to retrofit the chain’s self-service kiosks with Neonode contactless touch technology.

The end customer, which is one of the largest sushi restaurant chains in Japan, has decided to deploy a contactless retrofit solution, powered by Neonode touch sensor modules, to all existing self-service kiosks in their over 500 restaurants nationwide.

“This is a breakthrough order for Neonode in QSRs (Quick Service Restaurants), a kiosk segment that is important to Neonode’s contactless business and is growing rapidly worldwide. I am happy to see yet another competitive solution making its way into a large number of sushi restaurants all over Japan,” said Urban Forssell, CEO of Neonode.

For more information, please 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 

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 contactless touch, touch, gesture control, and in-cabin monitoring. Building on experience acquired during years of advanced R&D and technology licensing, Neonode’s technology is currently deployed in more than 80 million products and the company holds more than 100 patents worldwide. Neonode’s customer base includes some of the world’s best-known Fortune 500 companies in the consumer electronics, office equipment, automotive, elevator, and self-service kiosk markets.


NEONODE and the NEONODE logo 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. 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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Quotes

This is a breakthrough order for Neonode in QSRs (Quick Service Restaurants), a kiosk segment that is important to Neonode’s contactless business and is growing rapidly worldwide. I am happy to see yet another competitive solution making its way into a large number of sushi restaurants all over Japan
Urban Forssell, CEO of Neonode