Neonode and Dewhurst Partner to Address Contactless Elevator Control Market
STOCKHOLM, SWEDEN, June 30, 2021 — Neonode Inc. (NASDAQ: NEON) and Dewhurst UK Ltd have signed an Original Equipment Manufacturer agreement for Dewhurst to design, market and sell contactless elevator control products and solutions featuring Neonode contactless technology.
In 2020, Dewhurst, the global leader in the design and manufacture of high-end components and solutions for the elevator industry, was looking to innovate and add contactless products to its portfolio. After the successful evaluation of Neonode touch sensor modules, Dewhurst started a new product development project which resulted in the launch of its first contactless elevator product in early 2021. The world-class HALO brings user-friendly touchless technology inside the lift car and, with its sleek design and standalone nature, is ideal for both retrofits and new installations.
The HALO product has already been installed in several locations in the UK with excellent customer feedback, and the installations will continue throughout 2021.
“The elevator segment is important to Neonode’s contactless touch business and I am happy to see Dewhurst’s achievements so far and look forward to deepen our win-win cooperation going forward,” said Urban Forssell, CEO of Neonode.
Peter Dewhurst, Head of Commercial Operations of Dewhurst, said: “We are very impressed by Neonode’s contactless products and are keen to expand our contactless business together with Neonode. This partnership is a natural next step to accelerate adoption of contactless features as well as the product development efforts.”
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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