Neonode Terminates Agreement with Redeye

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STOCKHOLM, SWEDEN, October 4, 2024 — Neonode Inc. (NASDAQ: NEON) (“Neonode” or the “Company”) today announced that the Company has terminated its corporate broking services agreement with Redeye AB (“Redeye”), pursuant to which agreement Redeye provided Neonode with financial advisory and investor relation services.

The Company remains committed to enhancing shareholder value and will be exploring alternative options to ensure effective communication with its stakeholders and the broader investment community.

For more information, please contact:

Interim President and Chief Executive Officer and Chief Financial Officer
Fredrik Nihlén
E-mail: fredrik.nihlen@neonode.com
Phone: +46 703 97 21 09

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 research and development and technology licensing, Neonode’s technology is currently deployed in more than 90 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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