Neonode Opens Web Shop for the European Market

Neonode Opens Web Shop for the European Market

Neonode Today Announced the Launch of Its Web Shop, Which is Now Open for Business

Neonode (NASDAQ:NEON), a Swedish developer of mobile devices and a pioneer in buttonless, touchscreen mobile phones, today announced the opening of its web shop for sales to the European market. The web shop will offer speedy deliveries of the Neonode N2 to consumers in the EU region as well as Norway and Switzerland. www.neonodewebshop.com

“We are truly happy that we can offer consumers a chance to buy our unique product directly on our website. We have tremendous interest from consumers all over Europe and the opening of the web shop is a first step in satisfying the demand,” said Daniel Stålbo, Marketing Director at Neonode.

Neonode, who earlier this year was appointed as one of the “Fierce 15” companies on the annual FierceWireless list, launched the Neonode N2 in south-eastern Europe earlier this summer and is currently finalizing agreements with several additional partners in Europe and other major markets.

The company was recently listed at the NASDAQ stock exchange, after having finalized the definite merger with SBE Inc, a publicly-traded company (NASDAQ:SBEI). The trading of the company´s common stock was initiated on the Nasdaq Capital Market on August 13, 2007 under the new ticker symbol “NEON.”

About Neonode

Neonode is a company that designs, develops and sells patented technologies and products focused on unique user experiences (UX). With offices in Stockholm, Sweden and San Ramon, California, Neonode Inc. is a publicly traded company (NASDAQ:NEON) with licenses and products sold worldwide through both direct web sales and local distribution partners. More information is available at www.neonode.com.

Contacts

Neonode
Mikael Hagman, President and CEO, +46 8 678 18 50
Daniel Stålbo, Marketing Director, +46 8 678 18 50
www.neonode.com