Chigoo’s new cTrolley to use Neonode zForce AIR Touch Sensor Components

Neonode Inc. (NASDAQ:NEON), the optical interactive sensing technology company, today announced that Chigoo is using Neonode’s new zForce AIR Touch Sensor components in cTrolley. cTrolley is a smart luggage carrier providing airport passengers with indoor navigation and answers to real-time flight inquiries such as boarding guides, travel updates and reminders as well as entertainment.

Chigoo cTrolley

The zForce AIR Touch Sensor enables instant touch interaction on any device with a USB or I2C interface. The sensor simplifies integration into any host based application supporting the most common interfaces, by integrating precision optics, lasers along with a Neonode proprietary controller IC. The zForce AIR Touch Sensor reports touch coordinates up to 500 times per second for virtually zero delay.

“Neonode is happy to have Chigoo adopt our zForce AIR Touch Sensor for their demanding 13.3” display touch application in public environments like airports where image quality, durability and power consumption are key,” said Neonode CEO Thomas Ericsson.

“Chigoo is happy to work with Neonode on our new cTrolley. Neonode’s touch sensor’s fast response time makes the touch interaction with our cTrolley enjoyable and fun, and the modular design streamlined our assembly process. Also, in the next 3 to 4 years, Chigoo plans to deploy 300,000 cTrolley globally to cement its leading role in the forefront of smart luggage carriers,” said Chigoo CEO Jack Chen.

Chigoo’s  cTrolleys are currently used in 10 Chinese airports including Guangzhou, Kunming, Chengdu, Hangzhou, Chong Qing  and Qingdao. By scanning their boarding pass travelers receive live flight status updates, including an alert when to head to the gate for boarding. Travelers can also charge their phones using the cTrolley trolley’s built-in charger and find directions to their gate or the nearest restaurant or restroom using built-in airport map navigation. Chigoo plans to make cTrolley available at all air traffic hubs worldwide starting with major airports across the USA, including Dallas, Las Vegas, Los Angeles, Seattle, Chicago and New York.

About Neonode

Neonode Inc. develops, manufactures and sells optical sensing components. Thanks to years of research & development, Neonode’s proprietary optical sensing technology is deployed in a wide range of applications – ranging from consumer electronics to automotive systems. To date 50+ million products are on the market using Neonode technology, including 2+ million vehicles and 48+ million consumer electronic products. NEONODE and the NEONODE Logo are trademarks of Neonode Inc. registered in the United States and other countries. ZFORCE AIR is a trademark of Neonode Inc. All other trademarks are the property of their respective owners. For more information please visit www.neonode.com.

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 product cost, performance, and functionality matters. 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.

For more information, please contact:

Investor Relations:David BruntonEmail: [e-mail]

CFOLars LindqvistE-mail: [e-mail]

© 2017, Neonode Inc. All rights reserved.

A photo accompanying this announcement is available athttp://www.globenewswire.com/NewsRoom/AttachmentNg/4fff541c-49de-48f6-8cdb-2a4e30709413